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Banks in both Greece and the UK are willing to lend against property in Greece on terms which are generally comparable to those which pertain in the UK. The main difference is that your mortgage will usually be denominated in Euros so as to match the currency of the purchase price. There is a difference in the lending rates between Euros and Sterling so contact us if you want to discuss this further and get a quote.
Key features of typical mortgage products are (subject to status):
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Maximum term 25 years |
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Loan-To-Value typically 70% - 80% |
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Secured via a mortgage on the property in Greece |
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Euro-based interest rates |
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Aegean Blue has relationships with the main commercial banks in Greece and the UK in all the main locations which interest UK property buyers so we can help you go over your options and provide introductions so that you ensure you get the financing package which is right for you.
Insuring your home in Greece is also something which we recommend you do. We can also help with this via contacts with specialist UK insurers which provide competitive rates.
Aegean Blue has in-house experience in financial services and excellent contacts in the market so don't hesitate to get in touch with us for a friendly chat!
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Santorini €205,000
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Lassithi 1700000
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Zakynthos €350,000
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