Geri, Nicosia
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: €135,000
Own Contribution (30%): €40,500
Loan Amount (70%): €94,500
Interest rate: 3.2%
Years of repayment: 15 years
For Sale Residential Land, in Geri, Nicosia
Location
• This residential land for sale in a quiet area in Geri, near the University of Cyprus and the General Hospital.
Land Characteristics
• Land of 1505 sq. m.
• Residential zone.
• It is situated in a flat and open area.
• It falls within the residential zone Ka7.
• Building density of 80%.
• Coverage of 45%.
• Allowance for 2 floors with 10 meters height.
Advantages – Special Features
• Nice location with easy access to the Nicosia city center and the highway.
• With all amenities such Schools, many shops, restaurants, supermarkets and parks nearby, it is an excellent choice for a land developer and individuals as well.
• Ideal for house construction.