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: €1,179,000
Own Contribution (30%): €353,700
Loan Amount (70%): €825,300
Interest rate: 3.2%
Years of repayment: 15 years
Big companies really like to make strong statements with an innovative corporate headquarters that can also provide an engaging atmosphere that works to boost employee motivation and productivity. Some companies even make the workplace fun. A new unique futuristic "from the future" office building will add to the Nicosia skyline, offering innovative design combined with unique amazing of the city. A Landmark, the project begun construction and will be delivered in 20 months. The new development has been presented both in Cyprus and abroad and already there is interest being exhibited from major organisations. The location of the development is one of its main selling points, situated strategically along the most busy street in Nicosia. Numerous major and international organisations have their offices in close proximity. The building will include a ground floor, mezzanine level and 14 floors. The area offered on each floor will vary, with the smallest available office space being 267 square metres inside. A limited number of double-high ceiling offices will be available. Two basement floors will offer 140 parking spaces for the building’s needs. The development’s total area including the basement floors is approximately 10,000 square metres. The building will be managed by the development company along the standards set by similar successful developments abroad. It will offer a number of features, amenities and services such as: controlled entry and exit from the building, CCTV system, a concierge service, a staffed reception area, “a la carte” services, a Roof Garden Cafeteria for exclusive use by the building’s offices, and more. The offices will be designed according to the highest standards, offering: high-end finishes, a building management system offering automated control of ventilation, lighting and other mechanical and electrical equipment, as well as high-speed internet, fire alarm and fire-fighting systems. During construction, the development company aims to go “green” by minimising waste. This is a project for few large companies that will have the privileged to have offices at the best office building in Nicosia.