OREANDA-NEWS. August 29, 2013. Sviaz-Bank’s branch in Karachaevo-Circassia is offering mortgages to its customers for the purchase of apartments under the Uncollateralized New Home program in the new high-rise Energetic City housing complex now under construction by the Asset Management Center, LLC, in Pyatigorsk.

The project boasts a unique location – windows of the housing complex offer a scenic view of Mounts Mashuk and Beshtau, with a forest and the Perkal dendrological nursery nearby. All cities in the Caucasian Mineral Waters area are close at hand. Beginning with the fifth story up, the apartments have panoramic glazing, and ninth-story apartments are two-tier penthouses.

The Energetic City housing complex will be a limited-access guarded territory, with a shopping center, childcare center, school, hotel, post office, and other infrastructure elements within walking distance fromit.

An interest rate of 11.4% up will be charged on loans at the project construction stage, to be lowered to 10.7% up upon project completion. Loans of 400,000 to 30 million rubles will be made for periods of three to 30 years. Loans are available from the Beshtau operations office.

“We are happy to help our customers buy apartments in the unique environment of the Caucasian Mineral Waters area, in a comfortable housing complex. A purchase made at the construction stage when apartments sell at very low prices is a wise investment,” says Yuri Dotdayev, Manager of Sviaz-Bank’s branch in Karachaevo-Circassia.