Condominium buy in Mésa Geitoniá Lemesós

Brand new, under construction, modern design 2 bedroom apartment that located in Mesa Geitonia area is now available on market. The apartment is found in a small complex with only 6 apartments and is situated on the 2nd floor. It is located in a nice and quiet area, with very easy access to the centre of the town and the highway and only a few minutes driving distance to the beach. Surrounded with all amenities like schools, supermarkets, bus station, coffee shops etc. It has internal area 85sqm plus 14sqm covered veranda, with open plan kitchen with living room and dining area, guest wc, main bathroom and 2 big size bedrooms. It will have provisions for a/c split units and electric heating, covered parking and storage room. It is a great opportunity for investment as in the area there is high demand for rentals and could give around 8% yearly income from rental. Property Details * For Sale * Property Type: Apartment * Property Subtype: Typical Apartment * Location: Limassol, Mesa Gitonia, Cyprus * Internal Area: 85sqm * Covered Verandas: 14sqm * Bedrooms: 2 * Bathrooms: 1 * No of WCs: 2 * Price: €355,000 Plus VAT * VAT: Plus * Loan Installment: €1,011 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: €355,000 Own Contribution (25%): €88,750 Loan Amount (75%): €266,250 Interest rate: 2.2% Years of repayment: 30 years