Tourism loans
Get ready for the forthcoming tourist season!
If you are in the business of tourist accommodation, take advantage of a tourist loan in order to prepare your accommodation capacities even for the most demanding guests. Whether you are buying, building or adapting your existing capacities or building a pool and taking care of the surrounding environment, make your service better and get ready for the new season with RBA tourist loan.
PRIVATE RENTERS
Construction, extension, completion of accommodation facilities
Purchase, adaptation and equipping of accommodation facilities
Purchase, construction of swimming pools and landscaping
Refinancing tourism loans
Benefits
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Grace period
Grace period can be granted for a period of up to 12 months
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Choice loan repayment
Possibility of monthly or annual loan repayment
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Loan disbursement
Loan amount can be disbursed to borrowers current account or payed out in cash
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No mortgage required
Without pledge right on real estate for the loans up to 15.000,00 EUR
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Tourism as core business
Borrower may be also a person who receives monthly income only from tourist activities
Terms of tourism loans
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Choose between two loan models
Loan amount (Model I) from 1.000,00 EUR to 15.000,00 EUR Loan amount (Model II) from 15.001,00 EUR to 200.000,00 EUR
(secured by mortgage lien on real estate property)Loan repayment period from 3 to 15 years Loan processing fee no fee Interest rate 4,00%, fixed, annual
Detailed terms of tourism loans (available in Croatian only)
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Example of total loan amount and total costs:
Loan amount 15.000,00 EUR Regular interest rate 4,00% Effective interest rate (EIR) 4,07% Loan repayment period 84 months (7 years) Number of annuity 84 Monthly annuity 205,03 EUR Intercalary interest rate 47,67 EUR Interest rate for the period of loan repayment 2.222,52 EUR Loan processing fee0,00 EUR Total payment amount 17.270,19 EUR The calculation of representative example is presented assuming of loan disbursement 1.6. and intercalary interest payments until 30.6.2023., standard annuity monthly repayment._______________________________________________________________________________________________________In keeping with the Act on Consumer Housing Loans:- Loan amount from 15.001,00 EUR up to 200.000,00 EUR is secured by pledge right on real estate- Along with a loan contracting agreement on additional service is required: real estate insurance policy for loans secured by pledge right on real estate.