Xydias Developments Ltd

  • Finance Package

    Seaview Point

    The Package

    Our finance packages are available to individuals, both resident and non-residents of Cyprus, for the purchase of a house or an apartment.

    The loan is offered both in Cyprus Pounds and in foreign currency, with fluctuating interest rate in the case of loans in Cyprus Pounds and option between fluctuating or fixed interest rate for loans in foreign currency.

    The main characteristics of our finance packages are:

    • REPAYMENT FLEXIBILITY, with three escalating stages in the instalment amount as follows:
      • Lower Instalment for the first 5 years that covers the interest amount
      • Regular Instalment for the next 5 years (as calculated following a normal repayment schedule)
      • Higher Instalment for the remaining years of the loan, so as to cover the amount of capital that is not being repaid during the first period.
    • Maximum duration of the loan up to 35 years.
    • Unlimited loan amount covering up to 80% of the property's purchase value for first residence.
    • Up to two years grace period.
    • One-year free fire insurance up to the loan amount.
    • Up to £15.000 extra credit facilities to cover personal/ consumer needs.