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: €57,000
Own Contribution (30%): €17,100
Loan Amount (70%): €39,900
Interest rate: 3.2%
Years of repayment: 15 years
Residential land in Monagroulli village in Limassol
It is located close to all necessary services and amenities within excellent access towards the village centre and the motorway.
It has an irregular shape, a slopping uneven land surface and abuts onto registered road on its western boundary with total frontage of 260 metres. The land can be utilized by both a land developer as it is suitable for the division of plots with optimistic sale prospects.
It is noted that the property is subject by compulsory acquisition of 349sqm which has been completed. The new area of the parcel is 4,408sqm and the process for the issuance of a new title deed is in progress.