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: €1,200,000 Own Contribution (35%): €420,000 Loan Amount (65%): €780,000 Interest rate: 3% Years of repayment: 15 years
More Information
Status: Resale/Used
Age: 60 Years
Total No of Floors: 4
Plot/Land Size: 1096sqm
Units: 35
Reference: S-104481
Property Description
This asset comprises of 11 shops on the ground floor with a total area of 827 sqm. - part of a four-storey mixed-use building in Agios Savvas quarter, within Nicosia’s old city walls.
The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia.
The asset falls within planning zone ΠΕΖ-ΕΝ with building density coefficient of 180%, coverage coefficient 70%, in 3 floors and a maximum height of 11,5m.
