Most commercial banks in Cyprus are authorized to offer mortgage facilities to local as well as foreign applicants to assist in the purchase of their property.
Antonescos Estates taking advantage of its strong relationships with most of the local banks, and in an attempt to reduce finance costs for its customers as well as to speed up the application process, has managed to set up special finance schemes which are on offer for all Antonescos customers.

The loan can be granted in Foreign Currency or in Cyprus Pounds. The repayment of the loan must be effected from external sources. It is advisable that the loan is in the currency that the applicant receives his income, so that there is no exposure in any exchange risk during the repayment period.
For a loan in Foreign Currency the maximum repayment period can be 15 years. For a loan in Cyprus Pounds the maximum repayment period can be 25 years. The maximum amount can be 70% of the value of the purchased property.

For certain projects Antonescos Estates has managed to set up finance schemes with local banks with minimal security requirements resulting in substantially lower costs. In case there is not yet a separate title deed for the property, a Letter of Guarantee may be required from the seller's Bank to guarantee the issue and transfer of the title deed in the purchaser's name. The Letter of Guarantee will be renewed annually until the title deed is issued. Assignment of the Purchaser's rights deriving from the Contract of Sale in favour of the Bank.