Residential Building In Agios Spiridon, Agios Spyridon, Limassol

Description

New apartments located in Agios Spyridonas area,are now available. The company specializes in selling citizenship packages,to customers that need to buy and want to invest as well, with the application for their passport. For this purposes we are giving you the excellent opportunity for investment, as in the area, many citizenship clients invest because of the high rent prices and and the good income that there is for renting the apartments.
This citizens package has eight one bedroom apartments and one three bedroom apartment. Every one bedroom apartment is around 65sqm with the veranda around 18sqm. Consists of open plan kitchen with living room, good size veranda, and the bedroom. The three bedroom apartment which is around 160sqm covered areas plus 20sqm uncovered veranda has a huge open plan kitchen with living room, guest wc, main bathroom and three big size bedrooms. All the apartments have covered parking. The complex will also have gated entrances.
Noted that in the area the company has already sold another 18 packages for the same purposes.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Residential
* Property Label: Investment Property
* Location: Limassol, Agios Spyridon, Cyprus
* Internal Area: 700sqm
* Bedrooms: 3
* Price: €2,000,000 Plus VAT
* VAT: Plus
* Loan Installment: €9,803

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: €2,000,000

Own Contribution (30%): €600,000

Loan Amount (70%): €1,400,000

Interest rate: 3.2%

Years of repayment: 15 years