Mortgage in Greece for Foreigners, Rates in 2026

Greek banks offer mortgages to buyers who live abroad, subject to income, creditworthiness and country of residence. Sometimes buyers in the new build property market have the option for interest-free instalment payments over 1 to 5 years if at least half of the purchase price is paid.

Indicative mortgage terms for foreign buyers in Greece*

Two to four years after buying a property in Greece, a legal entity can apply for a mortgage to be secured by that property.

Bank requirements

To apply for a mortgage with a Greek bank, the following documents are required:

• Valid passport.
• Proof of income.
  • Employees: personal income tax returns for the three previous years and a certificate of employment (on the company's letterhead) specifying the hiring date and net income after tax and insurance payment.
  • Business owners: personal income tax returns for the two previous years and tax return (or a copy) for the previous year certifying the amount of income generated by the company or the entrepreneur's property.
  • Retirees: a certificate from a tax office proving tax-exempt due to retirement, a copy of the pension card and copies of pension notifications for the past three months.
• Proof of residence (e.g. extract from the housing register, certificate from a public utility service provider or passport office).
• Property purchase agreement.
• Greek residence permit ((if applicable).

All foreign-language documents must be translated into Greek and notarised. Mortgage applications usually take 4 to 12 weeks for approval.

Mortgage registration costs

Mortgage registration costs in Greece are about 1% of the loan amount.

Estimated mortgage registration costs for a property in Athens above €100,000

*The payment amount depends on the year the property was built, its location and value.

**The exact amount depends on the borrower's age and other factors.