Cyprus (Turkish) » Mortgages

Guide to the mortgages in Cyprus:

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.

All commercial banks in Cyprus are authorized to offer mortgage facilities to assist in the purchase of property. The loan will be in foreign currency. The amount ranges from 60%-80% of the value of the property with a repayment period ranging up to 30 years. Easy terms of payments and long-term in-house finance schemes are also available. The Title Deeds Transfer of ownership from Vendor to Purchaser is undertaken by a simple procedure through the Cyprus Land Registry Office, either by the buyer in person or by appointing a third party with Power of Attorney.