Commercial Mortgage Loan

The “Commercial Mortgage Loan”, is a loan type introduced within the Investment Loan Product, targeting SMEs, particularly commercial entities seeking ling-term funding for acquiring commercial spaces in Residential Complexes, Commercial Centers, etc.


General Conditions:

  • Loan Purpose - Purchasing of Commercial Units in Residential Complex, Commercial Centers, Purchasing of Commercial Buildings with aim to open supermarkets, retail sales units etc., Transferring Commercial Units from other banks.
  • Maximum loan amount - Up to 1,000,000 Euro, or equivalent in All
  • Loan Maturity – 15 Years
  • Interest Rates:
    1. For Euro Loans: 5% fixed for the first 3 years, then 1 Year Euribor + 4% (not less than 5%).
    2. For ALL loans: 5% fixed for first 3 years, then 1 year T-Bill + 4%, (not less than 5%)
  • Loan Repayment: In the initial 5 years, 25% of the principal should be amortized, in the second 5 years, 35% of the principal should be amortized, and in the last 5 years, 40% of the principal should be amortized.