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: €12,000
Own Contribution (35%): €4,200
Loan Amount (65%): €7,800
Interest rate: 3%
Years of repayment: 15 years
A beautiful semi-mountainous village in the Kouris valley with a boisterous medieval history and a changing and variable fate, and an important stop on the winery roads with place names,Silikou village is around 20 km from Limassol.
The build density is 10% and a coverage of 10% also.
A maximum of 2 floors is allowed to be build so the land would be ideal for a summer home.