HOME
|
ABOUT US
|
PROPERTY SERVICES
|
PROPERTY SEARCH
|
  COUNTRY PROFILES
|
CONTACT US
Currency:     GBP     EURO     USD  
Type *Country City
Price Range - Property Type
Keyword
Click ADVANCED SEARCH for more options

Property

View Details
Enquire Now
Mail to Friends
Price and Availability

Why Invest?




City List

Albania » Mortgages


Albania

Mortgage lending in Albania is developing thanks to the presence of foreign banks. Terms and conditions for locals for a market at this early stage of development are also attractive but people who can afford mortgage is small.

In Albania Non resident Mortgage financing is available. Mortgages in Albania are available on a Repayment (capital and interest) and Interest only. 

Guide to the mortgages in Albania:

Keep in mind that for many countries, there is often more than one deal available and this page merely represents an overview of the typical requirements.


Typical Rate 8%
Loan purpose Residential purchase
Min Loan N/A
Max Loan 70% Loan to value or purchase price whichever is the lower. Maximum loan €500,000
Term 15 years
Max Age 65
Repay method Capital and interest
Currency Euros
Additional info Liabilities must not exceed 45% of income including new mortgage repayment and a minimum €200 must remain within family expenses

Proof of Income: Required in all cases (can be made up of Earned Income, Pension, Investment or Rental Income. Please note however, it is not always the case that the Lender will take all or part of these Incomes into account when determining the maximum loan available).

mortgages

currency converter
1.00  = 0.00 
         
Live Rates as of 30-11--0001 07:0 GMT