Public invitations for banks, as well as for investors, natural and legal persons, who will offer more than 600 flats for sale within the 1000+ housing project, will be announced during this month, the Ministry of Sustainable Development’s housing director, Marko Canovic, told Dnevne Novine.
As he pointed out, the exact term will be known after the Government adopts a final decision on the criteria and procedure for allocating long-term loans for providing social housing.
“Based on the preliminary talks, there will be more than 600 flats offered – both built and those under construction. We expect an additional offer from natural and legal persons who will be offer their flats for sale,” he said.
Canovic earlier announced that interest rates on flats purchased under the next phase of the 1000+ government housing project will be lower than ever. As he explained, Government was negotiating with commercial banks, seeking a reduced interest rate of between 3% and 3.5% on long-term home loans.
Other main advantages of the project for homebuyers are reduced loan processing fees, and lower notary and life insurance costs, Canovic said.
