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: €65,000,000 Own Contribution (30%): €19,500,000 Loan Amount (70%): €45,500,000 Interest rate: 3.2% Years of repayment: 15 years
More Information
Plot/Land Size: 1602859sqm
Reference: P-64100
Property Description
The total area of the land of the whole project is 1,602,859 sq. meters. This area is divided in 4 parts:1. The Golf Course and Clubhouse2. The Village Square3. The Residential Component (244 villas, 150 apartments and 25 plots)4. The Desalination UnitMedgolf Group acquired individual plots of land in a rural area in the west region of Larnaca district with theview of developing an integrated golf resort. The concept of the project includes an 18-hole internationalstandard golf course, club house, health Spa, residential units and a mix of various complementary amenities