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: €1,500,000
Own Contribution (30%): €450,000
Loan Amount (70%): €1,050,000
Interest rate: 3.2%
Years of repayment: 15 years
The total land of the area is 16.600 sq.m and abuts onto a public road.
It has regular shape and slight sloping surface.
Highly visible location with easy access to Paphos - Limassol motorway.
The property falls within the planning (industrial) zone Bα5 – Βδ5 which reflects building density coefficient 50%, coverage coefficient 50% in 1 floor.