Home and Reconstruction Loans

Kredi per Shtepi

We see the best version of you.

Get your own home. Ignore what others have to say.

Home and Reconstruction Loan Benefits

  • Professional counseling on the real estate market

  • Orientation towards the best investment for you

  • Adjust the loan according to your financial situation

  • Fast and simple process

  • More benefits if you have the salary at OTP Bank

More on Housing and Reconstruction Loans

Home Loans
  • Maximum amount: up to 300,000 Euros.

  • Duration: up to 25 years.

  • Currency: ALL, EURO

  • Interest Rates *:

LEK: 3.5% fixed for the first 2 years; remaining years Treasury Bills + 1.50%, Min 4.0%;

LEK: 4.0% fixed the first 3 years; remaining years Treasury Bills + 1.50%, Min 4.0%;

EUR: 1.9% fixed for the first year; remaining years Euribor (EUR) + 3.75%, Min 4.0%;

EUR: 2.5% fixed for the first 2 years; remaining years Euribor (EUR) + 3.75%, Min 4.0%;

EUR: 3.0% for the first 3 years; remaining years Euribor (EUR) + 3.75%, Min 4.0%;

EUR: 3.75% for the first 5 years; remaining years Euribor (EUR) + 3.75%, Min 4.0%;

  • Repayment method: principal and interest are paid in equal monthly installments.

  • *Penalties: In case of delays in payment of installments, the bank applies a delay penalty, based on the current Terms & Conditions.

  • Early Payment: The bank accepts partial or total payments before the maturity of the loan.

Loans for Housing Reconstruction

The main features of the loan for house reconstruction are:
  • Maximum amount: up to 300,000 Euros

  • Duration: up to 10 years.

  • Currency: ALL, EURO

  • Interest rate:

LEK: 3.5% fixed for the first 2 years; remaining years Treasury Bills + 1.50%, Min 4.0%;

LEK: 4.0% fixed the first 3 years; remaining years Treasury Bills + 1.50%, Min 4.0%;

EUR: 1.9% fixed for the first year; remaining years Euribor (EUR) + 3.75%, Min 4.0%;

EUR: 2.5% fixed for the first 2 years; remaining years Euribor (EUR) + 3.75%, Min 4.0%;

EUR: 3.0% for the first 3 years; remaining years Euribor (EUR) + 3.75%, Min 4.0%;

EUR: 3.75% for the first 5 years; remaining years Euribor (EUR) + 3.75%, Min 4.0%;

  • Repayment method: principal and interest are paid in equal monthly installments.
    Penalties: In case of delays in payment of installments, the bank applies a delay penalty, based on the current Terms & Conditions.

  • Early Payment: The bank accepts partial or total payments before the maturity of the loan.

How To Benefit the Home and Reconstruction Loans

The following documents are required for the principal borrower and the co-borrower:
  • Proof of income (from salary, rent, or both).

  • Identification Documents (ID or Passport)

  • Collateral documents

* The Bank reserves the right to request additional documents if it deems it necessary.

  • Collateral: Bank accepts collateral:

Mortgage Real Estate with minimum coverage 143%)

Coverage with 110% of the loan value

  • Other Security:

– Co-borrower required

  • Life insurance for amounts over 2,000,000 All in the amount of 100% of the loan amount

Property insurance for amounts over 1,000,000 All in the amount of 110% of the loan amount

For more information please download the standardized pre-contractual documentation for Home Loan and Reconstruction here