Investment
For the ones interested in buying a house for investment
Interest
Variable or FixedDuration
Up to 20 yearsLoan amount
Up to 60% of the property valueBenefits
- Grace Period
- Installment postponement
- Installment planning
The scheme is offered to permanent residents of Cyprus only. If you are not a permanent resident of Cyprus for the last 5 years, call in at any of our Bank of Cyprus branche to find out about your options.
Currency
Euro
Loan amount
Up to 60% of the value of the property.
Interest rate selection
- Fixed interest rate for 3 or 5 years. After the end of the fixed interest rate period, the interest rate changes to variable.
- Variable rate for the entire duration of the mortgage.
Ask our Relationship officers to find out more on our current interest rates.
Withdrawal rights
Within 5 business days of the date of conclusion of the agreement
Maximum repayment period
20 years
Minimum repayment period
- 15 years if you select a fixed interest rate
- 10 years if you select a variable interest rate
Maximum age of borrower at loan maturity
65 years
Grace period
You have the option of paying a low installment during the first year, equal to the interest payable for that period.
Installment postponement
In case of unforeseen events, you can postpone the payment of up to 2 monthly installments per year (24 installments during the life of your loan).
Installment planning
If you select a variable rate, you can specify the amount and frequency of installments according to your financial capabilities.
- 800.00.800
- Calling from abroad +357 22128000
- Service hours
- Monday to Friday, 07:45 until 20:00
- Saturday and Sunday 09:00 - 17:00