Due to the high value of property on Santorini, many times full financing is available from local banks
even if you are not a Greek citizen, We can help you obtain financing from local sources.
even if you are not a Greek citizen, We can help you obtain financing from local sources.
Mortgage Info
General Mortgage Information
Mortgage Application Process
The first step in obtaining a mortgage is the bank application. Here the bank requires the property deeds and
surveys so they can appraise the property and advise on the amount they can cover for the mortgage. The
buyer requires to provide 2 years of tax declarations from their home country translated to English (or Greek)
and a VAT number (see the Important Information page on how to obtain a VAT number). After appraisal
the and initial acceptance (which takes about 1 month to process), the lender can take a copy of the new
deeds and the loan will be processed, Sometimes it takes about 2 weeks to 2 months for the seller to receive
their money. This does not stop the process since the deeds stipulate the bank's guarantee and an
approximate payment date. Buying a home or property on Santorini can be made simple with our help,
even if you decide to finance. Contact us for any questions you may have.
surveys so they can appraise the property and advise on the amount they can cover for the mortgage. The
buyer requires to provide 2 years of tax declarations from their home country translated to English (or Greek)
and a VAT number (see the Important Information page on how to obtain a VAT number). After appraisal
the and initial acceptance (which takes about 1 month to process), the lender can take a copy of the new
deeds and the loan will be processed, Sometimes it takes about 2 weeks to 2 months for the seller to receive
their money. This does not stop the process since the deeds stipulate the bank's guarantee and an
approximate payment date. Buying a home or property on Santorini can be made simple with our help,
even if you decide to finance. Contact us for any questions you may have.
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| SantoriniRealEstate.com |
visit our other site www.santoriniselection.com