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: €970,000 Own Contribution (30%): €291,000 Loan Amount (70%): €679,000 Interest rate: 3.2% Years of repayment: 15 years
Plot/Land Size: 1655sqm
3 Plots of total 1655 square meters, located in Sotiros area in Larnaca. The plots are in the residential zone Ka4 and they have a building density of 120%, a coverage ratio of 50% and a floor allowance of 3 floors.
Detailed plot size of each plot:
Plot No 1- 502 square meters Plot No 2- 549 square meters Plot No 3 -604 square meters