If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.
Loan Installment Calculations:
Assumptions: Closing Price: €300,000 Own Contribution (30%): €90,000 Loan Amount (70%): €210,000 Interest rate: 3.2% Years of repayment: 15 years
Plot/Land Size: 11706sqm
This vast land of 11,706sqm is in a very good location. Agricultural land with 10% building density and 10% coefficient, allowing 2 floors of a height of 8.3 metes with road, water and electricity. For a future investment there are very few large plots of land in this area of this size. 10-12 minutes to the beach road and Four Seasons Hotel.