Mortgage Loan

A mortgage loan is a long-term banking product provided to individuals to cover their housing needs. It is a form of financing secured by collateral (e.g. a property lien or cash collateral), which serves as a guarantee for the bank.

It is a key financing tool in the real estate market, as it enables borrowers to purchase a home or improve an existing property more easily.

Loan purposes

A mortgage loan can be used for various purposes depending on the client’s needs:

• Home purchase (primary or holiday home)
• Purchase of land
• Construction or completion of a residence
• Repair or renovation of a property with progress-based disbursement
• Purchase or exploitation of an investment property
• Refinancing or repayment of an existing mortgage

Non-residents

Buying property in Greece is an attractive investment and personal option for non-residents, with the possibility of financing through mortgage loans from Greek banks. Through specialized solutions, buyers can acquire property without paying the full capital upfront, benefiting from long-term financing under competitive terms. A mortgage loan can cover needs such as home purchase, investment property, or renovation, offering flexibility and access to the Greek real estate market even for those living abroad.