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: €790,000 Own Contribution (30%): €237,000 Loan Amount (70%): €553,000 Interest rate: 3.2% Years of repayment: 15 years
Plot/Land Size: 744sqm
The plot is located in an area where there is a lot of demand for high-end luxurious flats because of the executive high salary managers that work in large organizations in this area. Plot availability is rare as also the new luxury modern flats. It will offer to the developer the flexibility to create a modern residential building on a quiet street with four luxury entire floor large flats or smaller 3-4 bedroom flats with the last floor offering a large roof garden for two large 3-4 bedroom flats.
Specific building zone information: - 744 m2 plot - 140% building factor - 50% cover factor - 1042 m2 building space - 372 m2 building & floor coverage - 4 building floors - Basement ideal land formation