| Phone | +357 25 313 135 |
| Website | chris-michael.com.cy/ |
| Biography | "Partnering with a reputable and experienced real estate agent is crucial to ensuring your experience with buying, renting, or selling a property or properties is as smooth as possible.Chris Michael, established in 1982 has over 40 years of experience in the Cyprus property market, buying, selling and even developing our own exclusive properties. We have sold and let thousands of properties to Cypriots and international investors, utilising our extensive local real estate market knowledge. |
| Member since | Nov 21, 2024 |
Purchasing property in Limassol offers exciting opportunities, but it’s essential to consider how to finance your investment. Regardless of the property you’re looking to invest, educating yourself about the financing options can make the process smoother. This article outlines the primary ways you can finance your property purchase in Limassol. 1. Mortgage Options for Non-Residents For many international buyers, securing a mortgage is a common route to financing a property for sale in Limassol. Cyprus has become a popular destination for expatriates, and several banks in the country offer mortgage loans to non-residents. The process may be slightly different from domestic buyers, but many financial institutions are familiar with foreign buyers' needs. Typically, non-residents can obtain a mortgage with a down payment. Mortgage terms can vary, but generally, they are offered for up to 25 years. The interest rates on mortgages in Cyprus are competitive, though they may ... Continue reading →
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