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: €1,140,000
Own Contribution (35%): €399,000
Loan Amount (65%): €741,000
Interest rate: 3.8%
Years of repayment: 15 years
For sale large corner plot in a prime location in the city centre, situated in a well known main avenue of Nicosia and in a commercial zone, it gives potential to numerous uses of the land.
Presently a 1960's house stands on the plot, for demolishment. Title deed available, free of mortgage or debt.
Zone : Eβ3, Building Density: 160%, Coverage: 50%, Height : 24metre, Floors: 6.
Price is negotiable.