The solution adjusted to your projects
Benefits
Lower debt service with the possibility of contracting a residual value to be settled at the end of the contract (optional).
Flexible set up terms, initial entry and residual value.
During the contract and it implies the payment of a fee provided for in the Schedule of Charges.
A process organisation fee and a contract change/reformulation fee, previously defined by the Bank, will be charged.
To subscribe for the Real Estate Leasing, visit any Millennium bim Branch.
An index interest rate, applicable as of the date of granting the corresponding facility will be charged, with an additional spread established at the Credit Risk level.
Flexible financing solution that allows the acquisition and/or construction of all types of real estate (shops, offices, warehouses, etc.). The contract allows the Customer to use the property on a temporary basis, upon payment of a lease for a certain period. At the end of the period, you will have the option to purchase the property with the payment of the residual value.
FINANCING AMOUNT
|
FINANCING AMOUNT |
Up to 60% of the value of the property valuation. |
---|---|---|
Term
|
Term |
Min: 7years Max: 10 years. |
Initial Entry
|
Initial Entry |
From 40% of the property value. |
Residual value
|
Residual value |
Minimum 2% and Maximum 10% |
Currency
|
Currency |
Metical (MZN) |
Collateral
|
Collateral |
Security in the contract and additional guarantees may be requested. |
Associated Insurance
|
Associated Insurance |
Multi-risk housing, construction works and business Insurance. |
Early Settlement
|
Early Settlement |
Early, total or partial settlement allowed, subject to penalty on the outstanding capital. |