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Cyprus Mortgage
Fees
Most lenders charge
a minimum of 1%
arrangement fee,
but this can be
up to 1.5% if finance
is required in a
currency other than
CYP£.
A transfer fee
is payable at completion
between 3% - 8%
depending on property
value.
Annual Tax is
payable between
0% - 3.5% per £1,000
CYP depending on
property value.
Stamp Duty is
payable at c1.50
per £1,000
up to £100,000
property value or
c£2 per £1,000
if property value
exceeds £100,000.
|
Lender |
Max
Loan |
Rate |
Bank
Fee |
Max
Term |
Typical Cyprus Rates |
70% |
5.10%
|
1% |
30 years |
|
Bank
of Cyprus |
60% |
5.50% |
1%
- 1.5% |
15
years |
|
Laiki
Bank |
70% |
4.25% |
1% |
25
years |
|
Hellenic
Bank |
70% |
4.25% |
1% |
10
years |
|
|