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: €605,000 Own Contribution (30%): €181,500 Loan Amount (70%): €423,500 Interest rate: 3.2% Years of repayment: 15 years
Plot/Land Size: 10034sqm
The asset is located in Pyla village, about 800 meters from the Larnaca-Famagusta highway, by the exit to Cyprus Tourist Organisation beach and 1700 meters southeast of the community's center. The field has an irregular shape and uneven surface with undulating ground, at the road level and it abuts onto public road with a frontage of 93 meters. The wider area of the property consists of residential developments. The property falls into residential zone Η2 with building density of 90%.