
Loans for Real Estate
This loan enables you the following benefits:
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Land
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Shops
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Office
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Reconstruction of existing facilities
Benefits from Real Estate Loans
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Simple and clear process
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Documentation submitted
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Notary convenience
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Credit in two currencies, ALL and EUR
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More conveniences if you have the salary at OTP Bank there are
More on Real Estate Loans
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Maximum amount for shop / office purchase: Up to 300,000 Euros (not more than 80% of the purchase value)
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Maximum purchase amount: up to 250,000 Euros (not more than 60% of the purchase value)
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Duration: up to 15 years.
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Currency: ALL, EURO
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Interest Rates:
LEK: 2.4% fixed for the first year;
LEK: 3.5% fixed for the first 2 years;
LEK: 4% fixed for the first 3 years;
THEN
Income from salary/rent: B.TH 12M+1.75%(min.4.25%)
Other income: B.TH 12M+1.85%(min. 4.25%)
EUR: 1.4% fixed for the first year;
EUR: 2.5% fixed for the first 2 years;
EUR: 3.0% fixed for the first 3 years;
EUR: 3.75% fixed for the first 5 years;
THEN
Income from salary/rent: Euribor 12M+4%(min. 4.25%)
Other income: Euribor 12M+4.1%(min. 4.25%)
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Repayment method: principal and interest are paid in equal monthly installments.
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Penalties: In case of delays in payment of installments, the bank applies a delay penalty, based on the current Terms & Conditions.
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Early Payment: The bank accepts partial or total payments before the maturity of the loan.