Restart housing loan with interest subsidy
For your fist home
This Asset of the Month period starts on Friday 17th September till Friday 22nd October 2021.
- Interest rate subsidy of 1,50%
There is an interest rate subsidy of 1,50% by the State for a period of 4 years.
- Financing amount up to €400,000
Financing is provided for up to 80% of the value of the property intended for self-occupation, where permanent residents of Cyprus are concerned; for non-permanent residents, financing is provided for up to 70% of the property value. Maximum financing cannot exceed €400,000 in any case.
- Suspension of loan instalments
You can postpone payment of up to 2 monthly installments per year (24 instalments for the duration of the loan) should something unexpected comes up.
For more information: https://www.bankofcyprus.com.cy/en-gb/Personal/loans/Housing/restart-housing-loan/
And in Greek: https://www.bankofcyprus.com.cy/home-gr/daneia/stegastika/restart-stegastiko/