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Terms of Payment

Terms of payment for a property under construction
on signing the agreement 30%
on completion of foundations 20%
on erection of roof 20%
on completion of exterior & interior finishes 20%
on delivery 10%


Mortgages: Available in all major currencies.

Payment Scheme

  • Reservation fee Cy £1,000 for apartments & >Cy £5,000 for houses.
  • 20% client contribution for retirees & one off buyers.
  • 20% initially + 10% on delivery for investors (for more then one property).
  • Grace period interest only for up to 24 months.
  • Low interest 1.25% - 1.4% fluctuating above Euribor/Libor  
  • Low arrangement fee 0.25% - 0.5% of loan
  • Loans in all major currencies.
  • Duration of loan up to 40 years.
  • Finance up to Cy £500,000 plus.

 

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