What are the prices and terms of payment?
A. Prices depend on size, location and specifications. To get more information you may contact our Sales Department. Banks can offer mortgage facilities in connection with the purchase of the property. The maximum amount that can be borrowed is the equivalent of 70% of the purchase price. Facilities cannot be arranged in Cyprus Pounds. A first mortgage will be required and the mortgage will be granted for 10 years maximum period. Normally the interest rate charged will be 2.5% above sterling rate or dollar prime rate. There is also an additional arrangement fee of 1% payable on the amount of the advance.
