Mortgages in Greece (traduction en français en cours)


The easy way to finance overseas property

We can make it happen
* We understand your needs and can help with our local knowledge in Greece
* We provice a personal service to help you through the process
* We have access to the extensive local expertise of our Greek network
* We'll give you a quick initial decision in principle
* Competitive mortgage products with attractive terms

We provide mortgages for:
* The purchase of Greek property
* The purchase of Greek land
* The refinancing of existing loans on Greek property or land
* Equity release

Through the Piraeus Bank Group we can arrange in most cases for up to 80% of the capital requirements. The services offered cover the needs of individuals, companies, professionals as well as of large enterprises.

Main features of the service :
* Loans in Euro secured with a first legal charge on the Greek property
* Loans up to 80% of the price of residential property
* Loans up to 70% of the price of land
* Competitive interest rates
* Interest-only option for up to two years
* No penalty for early repayment after the first year
* Minimum age 21 and maximum age 65 on maturity of the loan
* Repayment terms from 5 to 25 years
* Minimum loan 75.000 Euro

The purchase and mortgage of Greek property may be made in the applicants¢ own names or in the name of a limited company, in which case the limited company should be non-trading and formed solely for the purpose of the transaction.