Cyprus Mortgages provides advise and recommendations on Cyprus mortgage products that are currently available. Our team of financial experts check all the mortgages to find the best deal for you, the purchaser.
Most of the commercial banks in Cyprus offer mortgage facilities to both local and foreign applicants. There are a number of Cyprus property developers and agents who have managed to secure exceptional mortgage deals with the commercial banks to allow them to offer their clients lower deposits, low rates of interest and other benefits such as interest only payments and no UK credit checks or employer contact. Please go to our 'Deal of the Day' page for information on who is offering the best mortgage product.
General information on Cyprus Mortgages
Mortgages can be in a number of different currencies such as Sterling, Swiss Francs, Euros and Cypriot Pounds. Mortgages are now available as interest only and repayment offering more flexibility than previously. Here are the main features of a Cyprus Mortgage:
- Low deposit - just 15%
- Low rate of interest - just 3.99%
- No repayment for 2 years
- No employer contact
- No UK credit checks
- Interest only for 7 years
- Repayment terms of upto 30 years
For more information on the property available to purchase on the above deal and a no obligation application form click here.