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: €250,000 Own Contribution (30%): €75,000 Loan Amount (70%): €175,000 Interest rate: 3.2% Years of repayment: 15 years
Plot/Land Size: 1998sqm
This piece of land is located in a quiet prime location in Paralimni. Its near the small church of Ayios Mamas. A great area for building a house or a block of villas since its very near Protaras. The zone is PK meaning you can build house, villas etc. Ideal for investment as well as for permanent residency. With title deeds.