If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.
Loan Installment Calculations:
Closing Price: €500,000
Own Contribution (35%): €175,000
Loan Amount (65%): €325,000
Interest rate: 3.8%
Years of repayment: 15 years
On the junction of Strovolos and Athalassis Avenue in Nicosia,this modern complex suitable for professionals who want to accommodate their business in a specially designed space with all modern comforts.
On the ground floor there is a large showroom with a mezzanine floor. The rest of the building, with a separate entrance, reception and lift, consists of 5 floors with comfortable office spaces, which can be divided according to the space needed by each business. For smaller businesses the first two floors can be divided into two parts. Total covered area of the two shop is 258 sq.m of which 75 sq.m. are common expenses area, internal covered area in total is 152 sq.m and 31 sq.m. covered terrance.
All floors have kitchens and toilets as well as a veranda and the working areas can be divided into offices, conference rooms and reception areas. The building is equipped with raised floors suitable for structured cabling and drop ceilings with climate control units.