Viva Costa International, is a leading UK-based foreign mortgage broker with over two decades of experience and are expanding our services to include mortgage arrangements in Greece. This strategic move aims to assist clients in financing property purchases within the Greek market.
Historically, Viva Costa International has facilitated overseas mortgages in countries such as Spain, France, Portugal, Italy, and the USA. The inclusion of Greece in our portfolio underscores our company’s commitment to broadening its reach and providing comprehensive mortgage solutions across Europe.
Greece’s property market has traditionally seen a high percentage of cash transactions, with approximately 75% of properties purchased outright. However, mortgage options are available for international buyers, typically offering loans up to 65% to 70% of the property’s commercial value with minimum loans starting from 50,000 euros.
Loan terms can extend up to 15 years, with applicants required not to exceed age 75 at the mortgage’s conclusion and client must be able to meet affordability at 35% debt to income. Essential prerequisites include opening a Greek bank account and obtaining a Greek tax number (AMF).
By extending our services to Greece, Viva Costa International aims to simplify the mortgage acquisition process for prospective buyers, leveraging its extensive network of international banks and partners. This initiative is poised to provide valuable support to clients seeking to invest in Greek real estate, ensuring they are well-informed and adequately financed for their property endeavour’s.
If you are looking to buy a property in Greece, Spain, Portugal, Italy, France or USA and need a mortgage, email info@vci-network.com for the latest criteria