GOVERNMENT HOUSING LOAN SUBSIDY
The Cyprus Government has introduced plans to support households by subsidizing interest rates on new housing loans.
The plan is summarized as follows:
Max. loan €300,000
Max. interest rate subsidy 1.5%
This subsidy is valid for 4 years from the first loan repayment.
Cannot be combined with other similar govt. plans.
Valid for loans taken from 01/03/2020 until 31/12/2020
For more information read the official government statement here.