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We finance your dream house in Greece!

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FERIMMO, the leading platform for Greek real estate, in cooperation with EUROBANK, one of the largest banks in Greece, is now financing the purchase of your dream property in Greece, quickly and easily!

Holiday home financing in Greece

Holiday home financing in Greece  FERIMMO now makes it possible!

Real estate financing for customers who are not residents of Greece and without Greek citizenship!

You can obtain real estate financing starting from € 10,000 with a variable, fixed or mixed interest rate (combination of fixed and variable interest rate) for the purchase, construction or renovation of a property in Greece. In addition, you have the option of early repayment - partially or fully, without any additional costs and through a quick and easy procedure.

If you do not have Greek citizenship and cannot be present at every step of the property financing procedure, you can hire a lawyer professionally established in Greece (we can help you with this process).

Loan amounts starting from €10,000 

Your income, creditworthiness and the value of the property in Greece will determine the amount of your loan.

When you are buying a house, a holiday home or a plot of land, the loan amount must not exceed the amount specified in the property purchase contract.

When you’re repairing, building or renovating your house or holiday home, the loan amount can cover up to 100% of the costs.

The amount of the loan also depends on the market value of the property that serves as collateral:

If you are not a Greek citizen, it can be up to 65% of the market value of the property.

The market value of a property is determined by an independent certified valuer or civil engineer who inspects the property.

Loan term

The term of your loan is calculated based on the instalment you can pay each month and the type of interest rate (fixed interest rate, for a specific period, or variable interest rate, for the whole term).

If you are not a Greek citizen, the term of your loan can be up to 15 years.

Apply now for real estate financing for the purchase or construction of a holiday home in Greece. Simply provide us with your contact details and the expected purchase price and we will get back to you! 👉 Application

 

Loan Collateral

You will need to offer some form of collateral to secure your loan:

Mortgage lien on the property - In this case, you must at least provide fire and earthquake insurance for the property.

Cash collateral or pledge of securities.

 

Calculate your interest and monthly loan instalment

Choose between a fixed or variable interest rate for your loan.

Fixed interest rate from as little as 3.00%!

Opt for a fixed interest rate loan and enjoy the security of a fixed and pre-determined rate that allows you to calculate your finances accurately. The fixed interest rate can apply for the entire term of the loan.

You can also choose a fixed interest rate for a specific initial period and then switch to a variable interest rate linked to the 3-month Euribor.

Variable interest rate

Choose a variable interest rate if you want your loan to adjust to fluctuations in market interest rates.

You can have a variable interest rate for the entire term of your loan.

The variable interest rate is linked to the monthly adjusted 3-month Euribor, to which a fixed premium is added.

 

Apply now for real estate financing for the purchase or construction of a holiday home in Greece. Simply provide us with your contact details and the expected purchase price and we will get back to you! 👉 Application

 

 

 

The above information in no way constitutes advice or services of a tax or investment nature, nor is it sufficient to make tax or investment decisions.