Online property auctions in Greece
Thinking about investing in a property in Greece? Below you can find all required information about the auction process, many useful tips about online auctions as well as services that will make your participation easy
The life cycle of an auction in Greece
The auction's life begins when the notary or the bailiff posts the seizure report on the website of the Bulletin of Judicial Publications.
The notary posts the auction on www.eauction.gr and then the online auction takes place.*
The auction has a successful tenderer, so the online auction is completed.
If there is no successful tenderer, the whole process is repeated.
*An auction may be suspended at any stage of the process and may not proceed to the completion.
How can I find the right property for me?
Landea.gr
is the only website with the full official list of auctions in Greece. Currently, you can find 11,016 properties from all Greek regions.
Don't miss a chance
Every day, 250 new properties are added to Landea.gr. Register for free to receive notifications for every new property that meets your selection criteria.
Create a free account
Can I get financing to buy a property through an auction?
If you are interested in getting a bank loan, you should keep in mind that the application should be submitted xx days before the date of the auction. Furthermore, there are types of properties which are not eligible for a loan, so it would be useful to contact the bank for more details
More info
Do you need help from the experts?
Στο Landea.gr μπορείς να βρεις επαγγελματίες οι οποίοι μπορούν να σε βοηθήσουν σε κάθε στάδιο της διαδικασίας απόκτησης ακινήτου απο πλειστηριασμό
Did you find the right property for you? Find out the next steps!
STEP 1
Register as a bidder in www.eauction.gr and then submit the participation form.
STEP 2
Make a deposit (30% of the starting bid, 3 working days before the auction date).
STEP 3
You participate in the online auction on eauction.gr
STEP 4
If you are the successful tenderer, you should pay the remaining amount within 10 days. If you are not the successful tenderer, then you get a refund of your deposit.
Learn more about e-auction platform
If you want to learn more details before participating in an online auction check the candidate bidder’s manual here.
If you need more information about the online auction procedure, you can watch the following video that describes both the Auction Run Screen and the bidding process.
Learn in detail all the steps required in order to participate in an auction here.
Did you know that…
If an auction has no successful tenderer, then the whole process is repeated.
If an auction is conducted twice with no successful tenderer, then the price is reduced to 80% of the starting bid
If an auction is conducted three times with no successful tenderer, then the price is reduced to 65% of the starting bid