Prospective buyers can apply for mortgages with international or local banks. A developer selling a new block will often have a pre-existing arrangement with one bank and, as part of the process buyers will have to use it. Expats going to a local bank can borrow up to 70% of the value of a new or recently built property, and up to 50% for an older place. Most banks will want to see proof of income, a valid visa and passport. Repayment methods vary, and it is worth shopping around.