How to apply for Mortgages in Cyprus

How to apply for Mortgages in Cyprus

The usual procedure in Cyprus for getting a mortgage is to put down a 30% deposit. The deposit although does not differ from the percentage may differ from the time frame you have to pay it according to what package the developer is offering you.

The banks only offer a 70% mortgage on property value!

Mortgages are given for up to 40 years. However the age limit can not exceed 70 years of age at the time of loan expiry.

Interest rates vary from bank to bank and depending also on the different mortgage package you choose, yet the rates are still pretty low compared to some countries.

Our office can offer you expert advice on Mortgages in Cyprus and point you in the right direction in gaining you the best deal.

If you need help getting a Mortgages in Cyprus contact our office today and a specialized member of staff will be ready to help with all your requirements.