Cyprus-Forum.com

[Barron123]

I own a commercial property in Cyprus, with a partner, my share is one third, I need to know what terms i could get with a commercial loan, the property is worth approximately 800.000 euros.? ie...interest rates, monthly payments and duration of loan. Also the property has monthly income of 3500 euros per month.

[CBBB]

Ask a bank.

[XNTric]

Check at banks site

This is from BoC
http://www.bankofcyprus.com.cy/en-GB/Cy ... ness-Loan/

[pvte witt]

ask the russians

[johbee]

Not sure you could get a loan at all on it unless the co-owner agrees. Plus rumor has it that the banks are starting to tighten up. I got a loan about a year ago for around 4.5% from the co-op. That's the only bank I would recommend. All the others will rip you off with unknown b.s. charges and high interest rates. In the past you could only get about 20% of the value of the property. I doubt that's the case anymore though.