Ergates, 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: €350,000
Own Contribution (30%): €105,000
Loan Amount (70%): €245,000
Interest rate: 3.2%
Years of repayment: 15 years
Warehouse in industrial plot in Ergates, Nicosia.
Total area of the plot is 3,600 sq. meters located in Nicosia, Ergates Area. The area of the warehouse itself is 685 sq. meters and includes additional mezzanine floor that is 125 sq. meters.