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: €250,000
Own Contribution (35%): €87,500
Loan Amount (65%): €162,500
Interest rate: 3%
Years of repayment: 15 years
The plot is located in Kaimakli, Nicosia, 130m north-east from Kolokotroni street, c. 320m southeast from Kantaras Avenue and 450m south of the “Bata” roundabout. It has a regular shape, flat even surface and totals 575sqm and it benefits from 20m road frontage. The wider area comprises of mid-spec residential developments and apartment buildings. The location of the asset benefits from good access to the city center and other areas of the Nicosia municipality. The property is covered from all the utility services (water, electricity and telecommunication)