Tourism Development Loans
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About the loan
Enhance your tourism facilities and gain a competitive edge in the market with Universal Capital Bank’s Tourism Development Loan. This product is designed to support your investments in modernisation, expansion, or construction of accommodation facilities, as well as other projects that contribute to the growth of the tourism sector.
Don’t wait! Take advantage of this opportunity and achieve your financial stability today. Contact us or visit the nearest branch to submit your application.
Option | Tourism Development Loans |
|---|---|
Nominal Interest Rate | 7.50 – 9.00% |
Maturity | up to 60 months |
Grace Period | 3-6 months |
Repayment Method | in accordance with the agreement |
Collateral | mortgage, pledge, guarantees, other |
One-Time Fee |
|
Representative Example:
Total Loan Amount | 60,000 EUR |
|---|---|
Number of Installments | 60 |
Monthly Payment Amount (Installment) | 1,194.96 EUR |
Loan Processing Fee | No fee |
Fee for Obtaining Data from the CBCG Credit Registry | 3 EUR |
Account maintenance cost for one month | 1 EUR |
Cost of Purchasing 5 Promissory Notes | 10.00 EUR |
Property Insurance Policy | 56.69 EUR |
Property Valuation Cost | 110.00 EUR |
Nominal Annual Interest Rate | 7.50 % |
Effective Interest Rate | 7.63 % |
Intercalary Interest | 357.71 EUR |
Total Interest | 12,055.31 EUR |
Total Costs * | 12,236.00 EUR |
Total Amount to be Paid by the Client | 72,236.00 EUR |
For a loan amount of EUR 60,000 with a repayment term of 60 months, the nominal interest rate (NKS) is 7.50%, while the effective interest rate (EKS) is 7.63%.
The total costs represent the sum of interest for the entire period (12,055.31 EUR), without the costs of compensation for loan approval, fees for five bills of exchange (10 EUR), inquiries to the CBCG Credit Register (3 EUR), costs real estate appraisal (110 EUR), cost of real estate insurance policy (56.69 EUR), account maintenance cost for one month (1 EUR). The costs of real estate appraisal and real estate insurance policy are calculated on a concrete basis example of immovable property, which is pledged as security, size 61m2.
The total amount to be paid by the Client is 72,236.00 EUR.
A representative example is shown on the example of the calculation from 01.01.2026. year.