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Bank Loans can be granted both in local and foreign currency which is payable either by monthly or quarterly instalments.


If you are not a resident, payment of the loan must be effected from an external source.


Repayment terms can range between 15 years on foreign currency loans to 25 years on local currency. Normally loans are obtainable at 60% of the value of property but in some case this can be much higher.


As with most countries, financing is extremely broad and competitive.  It is always advisable to ask for further details.



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