Residential Building In Pafos, Paphos
Description
An Ideal investment.
A building near Paphos center.
The building consists of 5 two-bedroom apartments in a lovely neighborhood with a lot of facilities near.
It is a quiet and prestigious area.
Taking in consideration the plot and building together this is bargain price.
The building has tenants and is excellent for investment.
Property Details
* For Sale
* Property Type: Building
* Property Subtype: Residential
* Location: Paphos, Pafos, Cyprus
* Internal Area: 80sqm-80sqm
* Mezzanine: 400sqm
* Covered Verandas: 40sqm
* Uncovered Verandas: 8sqm
* Bedrooms: 10
* Bathrooms: 5
* Price: €550,000-€550,000
* VAT: N/A
* Loan Installment: €2,696
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: €550,000
Own Contribution (30%): €165,000
Loan Amount (70%): €385,000
Interest rate: 3.2%
Years of repayment: 15 years