Apostolos Varnavas Kai Agios Makarios, Nicosia
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: €945,000
Own Contribution (30%): €283,500
Loan Amount (70%): €661,500
Interest rate: 3.2%
Years of repayment: 15 years
This industrial zoned plot of 1.890 sqm is very well located in a well-known industrial area just 1 km from the Mall of Cyprus. The asset has a regular shape with a flat even surface and is adjacent to a street with a frontage of circa 35m. There is a green area to its east border. The surrounding area consists of commercial and industrial buildings, warehouses, car showrooms and empty plots of land. The asset benefits from easy access to the motorway and excellent accessibility to the centre of Nicosia. The plot is zoned as Bα3 (industrial) with 100% building density, 60% coverage and 2 floors.
