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: €750,000
Own Contribution (35%): €262,500
Loan Amount (65%): €487,500
Interest rate: 3%
Years of repayment: 15 years
Residential Land of 2007m2 situated in the area of Palodia just 5 minutes driving distance from Limassol
The land is close to all the amenities like school supermarket etc and near Heritage school .
the cover ration is 35% and building density 60%