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.

Currency

Euro 

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