Mortgage Rates in Cyprus 2025

As of January 2025, mortgage interest rates in Cyprus vary depending on factors such as the lender, loan amount, loan term, property type, and the borrower's financial profile. Generally, interest rates range from approximately 3.45% to 5.5%. Here are some examples from various banks:

• Bank of Cyprus: Offers housing loans with variable interest rates based on the European Central Bank (ECB) Base Rate or the Bank of Cyprus Base Rate (BCBR). The total interest rate based on the ECB Base Rate is currently and indicatively from 5.35% to 5.50%, and the total interest rate based on the BCBR is from 4.95% to 5.10%.

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• Hellenic Bank: Provides mortgages with fixed interest rates starting at 3.5% for terms up to 10 years. For non-residents, the minimum down payment is 40%, and the interest rate can range from 3.98% to 4.28%. The maximum mortgage term is 30 years.

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• Alpha Bank: Offers loans with variable rates starting from 4.28%, with the option to lock in the rate for a few years. The bank provides flexible lending conditions with a maximum term of up to 35 years and a minimum down payment of 30% for non-residents.

  Estate of Cyprus

• Ancoria Bank: Focuses on clients interested in purchasing or building both primary residences and investment properties. The bank offers loans with interest rates starting from 3.45% for amounts up to €300,000. Clients can choose between fixed and variable rates, with loan terms up to 35 years.

  Estate of Cyprus

• AstroBank: Provides mortgage loans with interest rates starting at 4.9% for amounts up to €100,000, with a maximum loan term of up to 40 years. The bank offers loans for both primary residences and commercial properties, with options for fixed rates for a specified period, after which the rate may become variable.

  Estate of Cyprus

It's important to note that interest rates can be influenced by the type of property (new build vs. resale), the size of the down payment, the borrower's credit history, and the loan term. Additionally, banks may offer special programs, such as the Green Housing Loan from Bank of Cyprus, which provides lower interest rates for properties with an Energy Performance Certificate category A.

Given the variability in mortgage terms and conditions, it's advisable to consult directly with banks or financial advisors in Cyprus to obtain personalized and up-to-date information tailored to your specific circumstances.