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: €192,000
Own Contribution (35%): €67,200
Loan Amount (65%): €124,800
Interest rate: 3%
Years of repayment: 15 years
This office of 124sq.m. internal space is in the commercial centre of Nicosia and it is currently rented. The office comprises of a reception area, a bathroom, kitchen, conference room, and two offices and has the right of use of a covered parking space. The immediate area consists of mixed-use buildings with uses such as shops and offices or restaurants and residential units. It is near to all amenities such as restaurants, cafes, bank institutions, etc.