For the ones interested in buying a house for investment


Variable or Fixed


Up to 20 years

Loan amount

Up to 60% 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. 



Loan amount

Up to 60% of the value of the property. 

Interest rate selection

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

Ask our Relationship officers to find out more on our current interest rates.

Withdrawal rights

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

Maximum repayment period

20 years

Minimum repayment period

  • 15 years if you select a fixed interest rate
  • 10 years if you select a variable interest rate

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

You have the option of paying a low installment during the first year, equal to the interest payable for that period.

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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