J.J.McNicholas Auctioneers Ltd and Opportunities Overseas Ltd, in association with its finance partners, can arrange both domestic and foreign mortgages for property purchases in over 30 countries around the world.
As one of Irelands leading overseas property sales companies, we are able to bring you exclusive deals unavailable through normal channels and offer more competitive rates than those publicised by the main lenders due to the terms we are able to negotiate.
It is essential to understand there are very considerable differences between overseas mortgages and the more traditional raising of finance on Irish & UK properties. When arranging an overseas mortgage there are many potential pitfalls which can leave you at risk if you have not taken appropriate advice from experts.
The current buoyant overseas market dictates being more prudent to ensure you will have a full decision in principle to avoid disappointment and also to provide you with a stronger bargaining position. Whether you are at an early enquiry stage or have already found a property please take the time to contact us for a loan illustration. In order to meet the different lending criteria of the countries covered we have to ask you to provide us with detailed information including your financial situation.
· COMMERCIAL PROJECT/COMMERCIAL MORTGAGES - COUNTRIES COVERED
Ireland, Germany, Poland, Hungary, Belgium, France, Slovakia, Slovenia
· RESIDENTIAL MORTGAGES - COUNTRIES COVERED
Andorro, Australia, Bulgaria, Bahamas, Barbados, Belize, Bermuda, British Virgin Islands, Cyprus, Cape Verde, Cayman Islands, Czech Republic, Canada, France, Greece, Germany, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Mexico, New Zealand, Poland, Portugal, Romania, Spain, Slovakia, St Kitts, St Lucia, South Africa, Switzerland, Turks & Caicos Islands, U.S.A.
The following information is given as a guide only and each mortgage application will be assessed on its own individual merits.
· COMMERCIAL PROJECT/COMMERCIAL MORTGAGES TERMS
Type of Loan: to be advised.
Minimum: €2,000,000
Maximum: must not exceed 80% of valuation or purchase price (whichever is lower)
· RESIDENTIAL MORTGAGES TERMS
· Bulgaria (Loan 1/F)
Type of Loan: available on a Repayment only mortgage.
Minimum: € 25,000
Maximum: must not exceed 70% of valuation or purchase price (whichever is lower)
Term: Maximum 20 years - up to age 70
· Bulgaria (Loan 2/P)
Type of Loan: available on a Capital and Interest only mortgage.
Minimum: €40,000
Maximum: must not exceed 70% (€40,000 - €99,000) and 75% (€100,000+) of valuation or purchase price (whichever is lower)
Term: Maximum 5 - 20 years - up to age 70
· Cyprus
Type of Loan: available on a Repayment only mortgage.
Minimum: €25,000
Maximum: no maximum subject to 70% of valuation.
Term: up to 25 years in Cypriot Pounds (10 years for all other currencies) up to age 70
· Cape Verde
Type of Loan: to be advised
Minimum: to be advised
Maximum: up to 70% of valuation or purchase price.
Term: up to 15 years
· France
Type of loan: available on a Repayment and Interest only mortgage.
Minimum: €25,000 and minimum purchase price €53,000
Maximum: no maximum subject to 80% on Interest only Mortgage and 85% on Repayment Mortgage
Term: between 7 and 25 years - up to age 80
Note: 80% of valuation for loans under €75,000 / 85% for loans over €75,000
· Greece (Loan 1/F)
Type of loan: available on a Repayment only Mortgage.
Minimum: €25,000
Maximum: no maximum subject to 75% of valuation
Term: maximum 25 years - up to age 70
· Greece (Loan 2/P)
Type of Loan:to be advised
Minimum:€75,000
Maximum: no maximum subject to 80% of valuation
Term: to be advised
· Germany
Type of loan: to be advised
Minimum:to be advised
Maximum:no maximum subject to 60% of valuation or purchase price
Term:to be advised
· Italy
Type of loan:available on a Repayment and Interest only mortgage.
Minimum:to be advised
Maximum: no maximum subject to 80% of valuation or purchase price (whichever is lower)
Term:between 5 & 30 years - up to age 75 at maturity
Note: 60% of valuation or purchase price (whichever is lower) if interest only Mortgage
· Ireland
Type of Loan: available on a Repayment and Interest only mortgage
Minimum: none
Maximum: No maximum
Term: 40 years
Note: 100% available to first time buyers
· Portugal
Type of loan: available on a Repayment only mortgage
Minimum: UK£75,000
Maximum: no maximum but subject to 75% of the valuation of the property but no more than the purchase price.
Term: maximum 25 years - up to age 65
· Spain
Type of loan:available on a Repayment or Interest only mortgage.
Minimum: to be advised
Maximum: no maximum subject to 80% of valuation or purchase price (up to 95% if loan balance is lower than €180,000)
Term:up to 35 years - age 70 at maturity / up to 30 years - age 80 at maturity
Note: 10 year term if interest only mortgage
· Turkey
Type of loan:available on a Fixed Interest only mortgage.
Minimum: €30,000
Maximum: no maximum subject to 65% of valuation or purchase price
Term: 5 50 20 years
Call Us Now On +353 949382095 / 1873 4779