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: €2,000,000
Own Contribution (35%): €700,000
Loan Amount (65%): €1,300,000
Interest rate: 3.8%
Years of repayment: 15 years
The plots are located approximately 500 meters north from Makarios III Avenue in the heart of Limassol, easily accessible from the highway and the centre of the town, close to all local amenities, banks, shops, offices, and other various facilities.
The location is perfect for a mixed use building.