Your holiday home

Now you can have your own holiday home


Fixed or Variable


Up to 35 years

Loan amount

Up to 70% of the property value


  • Grace Period
  • Installment postponement
  • Installment planning

The scheme is offered to permanent residents of Cyprus only. If you are not a permanent resident of Cyprus for the last 5 years, call in at any of our Bank of Cyprus branche to find out about your options.



Financing amount

Up to 70% of the value of the property. 

Interest Rate Selection

  • Fixed interest rate for 3, 5 or 10 years. After the end of the fixed interest period, the interest rate changes to variable.
  • Variable rate for the entire duration of the loan.

Find out more on our current interest rates here.

Withdrawal rights

Within 5 business days of the date of conclusion of the agreement

Maximum repayment period

35 years                        

Minimum repayment period

  • 10 years (for a variable interest rate loan or a 5 or 10 years fixed interest rate loan)
  • 15 years (for a 3 year fixed interest rate loan)

Maximum age of borrower at loan maturity

65 years


The Bank reserves the right to reject any application at its sole discretion and withdraw any plan at any time. If you do not make regular installment payments according to your loan repayment schedule, you may lose your house. There are charges for early loan repayment. In case of variable interest rates, the installment amount and total cost of the facility may increase or decrease depending on variations in the base rate. 


Grace period:

  • Up to 12 months on capital.
  • Up to 12 months on capital or capital and interest, if your home is under construction

 Installment  postponement

In case of unforeseen events, you can postpone the payment of up to 2 monthly installments per year (24 installments during the life of your loan).

Installment  planning

If you select a variable rate, you can specify the amount and frequency of installments according to your financial capabilities.

Need more information?
  • 800.00.800
  • Calling from abroad +357 22128000
  • Service hours
  • Monday to Friday, 07:45 until 18:00
  • Saturday and Sunday 09:00 - 17:00
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