If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.
Loan Installment Calculations:
Closing Price: €230,000
Own Contribution (35%): €80,500
Loan Amount (65%): €149,500
Interest rate: 3.8%
Years of repayment: 15 years
The property also has planning permission for a 3 bedroom house and also has approved plans.
There is also a brand new modern hi-spec prefabricated build with beautiful interior and plenty of wardrobe space.
Garden is full of mature wild pine and olive trees and plenty of new young fruit trees.
Also has a 40 foot shipping container for extra storage.
Fence all the way around the property.