Are mortgages easily available?
Cyprus is an ideal place for a home, or second residence, and you can now obtain a mortgage here. 70% mortgages are now available in any currency. Getting a mortgage in CY£ can be expensive, so you should compare this rate with the Euro and sterling rate to see which offers the best deal. Euro mortgages have only been available in Cyprus since February 2005, and often offer the best value for money.