Up to 80% loan
Main home
The loan finances your primary permanent residence.
Options
Up to 70% loan
Second home or buy-to-let
Any other property, such as a holiday home or a flat to rent out.
Steps and timeline
- 11 week
Eligibility
Income, deposit, residency and existing loans. Repayments on all loans may not exceed 80% of your net disposable income, or 65% for a loan in a foreign currency.
- 22–4 weeks
Offers
Compare banks' terms. The loan can be at most 80% of the value for your main home and 70% for a second home or buy-to-let.
- 32–4 weeks
Approval and signing
Valuation, final approval and signing of the loan and mortgage.
Can foreigners get a mortgage in Cyprus?
Yes. Cyprus banks lend to residents and to some non-residents, with stricter terms for the latter. The Central Bank's limits are the same for everyone: up to 80% of the value for your main home and 70% for other property. Each bank decides on residency and income itself.
How much can you borrow for a mortgage in Cyprus?
Repayments on all your loans may not exceed 80% of your net disposable income, or 65% if the loan is in a foreign currency. The loan may not exceed 80% of the value of your main home. We compare banks' terms and prepare the application with your income documents.
Official forms explained
Official form: Ν.271 (N.271) · how to fill it in
Who does what
What you do
- Share your situation and goals
- Collect documents from home
- Agree the scope of work in writing
What we do
- Check the requirements for your case
- Prepare the documents and file the application
- Follow up until the decision
Your coordinator
- Plans the work and next steps
- Keeps one timeline for everything
- Reminds you of renewals and deadlines
Common mistakes
- Planning a 20% deposit for a second home or buy-to-let. The limit there is 70% of the value, so you need at least 30%.
- Borrowing in a foreign currency without checking the lower limit: repayments may not exceed 65% of net disposable income.
- Assuming the legal maximum is what you will get. Banks adopted stricter loan-to-value ratios for new loans in 2024.
- Assuming residency is set by the rules. The Central Bank limits do not depend on residency; each bank decides whether it lends to non-residents.
What affects the cost
The price depends on your situation. We explain the scope and expected costs before work begins.
What the property is for: your main home (up to 80% loan) or anything else (up to 70%)Loan currency: foreign-currency loans have a lower repayment-to-income limitNet disposable income and other debtsEach bank's own policy on non-residents and loan-to-value
Questions
Can non-residents get a mortgage in Cyprus?
Some banks lend to non-residents with stricter terms. The Central Bank limits do not depend on residency; it is each bank's own policy.
How much deposit do I need for a mortgage in Cyprus?
At least 20% for your main home, as the loan may not exceed 80% of the value, and at least 30% for other property. Banks may ask for more.
How much can I borrow for a mortgage in Cyprus?
Repayments on all your loans may not exceed 80% of your net disposable income, or 65% if the loan is in a foreign currency.
Can I get a buy-to-let mortgage in Cyprus?
Yes, within the limit for property that is not your main home: the loan may not exceed 70% of the value.
Sources
Figures checked 22 October 2026. Rules change: we confirm them for your case before you act.
