Financing for purchasing properties in auction.
If you are interested in getting a bank loan for purchasing a property from an auction, you can reach out to banks and intermediation companies that provide this service.
Bank financing
If you are interested in participating in an auction, you now have the option to request financing from a bank. This opportunity is available for specific auctions and applies to completed properties with full ownership. For more information, click on 'I am Interested' button below and provide your details.
Key Loan Features
Amount
Up to 70% of the first bid price at the auction
it is determined based on your financial capabilities and the value of the property
possibility of granting an additional amount for the property's restoration
Rate
Competitive rate, fixed, variable, or a combination of both (Plus, the levy of Law 128/75)
Repayment
Depending on the type of loan and your needs
Loan Duration
Up to 40 years, depending on the borrower's age, for housing loans and up to 15 years for business loans
Approval process
Free of charge, within a few days
I am interested
Property for financing
Indicative Example of Financial Solution
Own contribution (30%): 19,200 €
Loan (70%): 44,800 €
Monthly Installment*: 216.99 €
*It has been calculated with an indicative interest rate of 4.12% and 30 years duration of loan
Useful information about auctions in Greece
