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: €89,000 Own Contribution (30%): €26,700 Loan Amount (70%): €62,300 Interest rate: 3.2% Years of repayment: 15 years
Plot/Land Size: 2007sqm
This large plot of residential land is located at an idyllic position close to the village but at the same time in a green surroundings open area. At the moment the plot has no access road but it is allowed to the owner to apply for access to the Land registry and the affected owners are obligated to give access to this plot. Access can be given easily and quickly though land registry procedures as its just 53 meters away (affecting only 2 owners) from the registered road. When this access is completed then the value of the plot will go higher. This is ideally for one home or for multiple houses developing.