Greek Coast offers selected properties for sale with guaranteed financing up to 100% of the total price. In that way, Greek Coast provides a wider audience with the ability to purchase with very low lending interest rates. 

Low lending interest rates result in equal installments, which are equivalent with renting a property. However, unlike the rent, an individual will pay off the money he/ she pays every month since he will eventually acquire the property. 

At the same time, Greek Coast offers protection against possible interest rate hikes and a full package of insurance coverage, even for the loss of income due to unemployment.

The company’s Personnel is very experienced and here to help you from the very first start of your mortgage loan until the disbursement. A home loan is a form of financing provided by a bank with the purpose of purchasing a home or business, building construction, and repairing of property or business. The fund period ranges from five (5) to forty (40) years. The loan repayment period depends on the age of the parties involved.

Home loans for either owning or investing, as well as financing for the purchase of land, building construction, adding or repairing of property are some examples of the wide range of products available by the home loan.

Factors that affect the credit profile

• Availability of cash as collateral  
• Income
• Loan obligations
• The existing deposit relationship with the bank 

Indicative examples of services/ products

• Purchase of home
• Purchase of land/ Building construction
• Purchase of workplace (office/ shop)
• Purchase property for investment
• Loan Transfer
• Repair Loans
• Completion of Property
• Consumer loan with real estate collateral

Documents needed to apply for the mortgage loan

For the loan Pre-approval 

• Mortgage Loan Application.
• Identity or passport photocopy.
• Photocopy of three (3) last payroll receipts (employees).
• Photocopy of tax clearance certificates for the last three (3) years.
• The last three published balance sheets or tax details (E3 forms) for the last (3) years. (Only for freelancers / businesses). 

For the loan approval

• Last property title (if this concerns an apartment, horizontal and vertical ownership are additionally needed, building regulation).
• Property Transfer Certificate.
• Certificate of ownership from the transferor.
• Certificate of weight, seizure, non-sale and non-claim by the Land Registry Office.
• Any power of attorney referred to the title deeds.
• Land parcel (as long as the real estate area is included in the National Land Registry).
• Topographic chart of the plot and chart cover.
• Floor plan of the property offered.
• Budget of projects presented in a special form (in case of construction, completion etc.)
• Copy οf building permit from the Urban Planning Department.

If you are interested in learning how much money you are able to borrow, as long as how you could save money, we will be glad to hear from you. Our colleagues will assist you and inform you about the issues of pre-approval and approval of your loan.