Apartment property. Located in the heart of the popular village of Alsancak, North Cyprus these 3 bedroom apartments are within an easy walking distance of all the local ameanities, including a supermarket, shops, resturants, banks and a 5 star hotel and the local family friendly sandy beach of Alsancak.
Each of these North Cyprus apartments benefits from
These North Cyprus apartments are completed, ready to move in and situated around landscaped gardens featuring a residents only swimming pool.
Mortgage finance can be arranged subject to status, available on Pre '74 Turkish and exchange title. 70% Loan to Value (LTV) 5-15 year term Full status Affordability on 50% debt to income ratio Application to offer in one week
Full Details North Cyprus Mortgage
Purpose of Loan; Purchase for private purposes to finance property of pre 1974 Turkish Title or Eshdeger/exchange UK and Eire citizens only.
Interest Rate; UK Citizens 8.5% Variable, Eire Citizens 7.25% Variable
Currency; Uk Stirling, Eire Euro
Maximum LTV; 70% of the lower of the contract and valuation price
Term; 5 to 15 Years
loan amount; Minimum £26,000 no maximum
Minimum Age; 25
Maximum Age; 70 on maturity of loan
Repayment method; Capital and Interest
Building Insurance; Mandatory
Arrangement Fee; £395 payable on application
Lenders processing fee; £250 payable on application
Lenders fee; 1.5% of loan added to loan
On offer fee; 1.5% of loan amount, payable at time of offer
Facility Fee;£150 Payable at time of application
Valuation fee; £200 Payable at time of application
Early repayment fee; 2% redemption
Pre-offer (AIP); Can apply for AIP up to 6 months before completion
Debt to Income ratio; 50%
Documentation required
Copy of Passport
Copy of latest Utility bill
Copy of latest Bank statement
Copy of Title deed of the property
P60 & Payslips if employed, If self employed 3 years accounts, If retired, last two years pension
Lawyer to confirm land type
All Documents MUST be certified by a lawyer
If you would like to know more about our property for sale in Cyprus, or have any questions about buying property in Cyprus then please feel free to contact us. You can also find more information about property in Cyprus in our knowledge base.