Branch Network
This video file cannot be played.(Error Code: 102630)
myAlpha
myAlpha Mobile
Online sign-up faster than ever!
 
Rewind 10 Seconds
00:00
00:00
00:00
Fullscreen

Alpha mortgage loan for foreigners

Take out an Alpha mortgage loan to buy, build or complete property in Greece. Addressed to individuals living in an EU or non-EU country, the loan offers flexibility in the amount, term and interest rate type.

Start living the dream in Greece

happy dad with baby
In person or by proxy
Apply for the loan in person at a branch in Greece or through a proxy with power of attorney.
Choice of fixed or floating rate
Depending on whether you want to secure a fixed instalment each month or follow the market trends.
From €15,000 and up to 25 years
Get financing up to 80% of the commercial value with an up to 25-year term, depending on where you live.

Discover the features

Find out all the details about the Alpha mortgage loan for foreigners.

Can I get an Alpha mortgage loan for foreigners?

Have a look at the conditions for taking out an Alpha mortgage loan for foreigners.

Apply provided you…

  • Are over 18 years old.
  • Are up to 75 years old at loan maturity.
  • Have adequate income to pay the monthly loan instalment.
  • Have an adequate Credit Bureau score.
γυναίκα κοιτάει χαρτιά

Have at hand…

The supporting documents to take out a mortgage loan, such as:

  • Proof of ID
  • Proof of annual income for the last 2 years
  • Proof or property ownership
  • Payslip for salaried employees or copy of the financial statements for the last 2 years for self-employed individuals or business owners
  • Credit evaluation report
  • Proof of total deposit/investment products

The documents may be in English or officially translated into Greek.

Apply for a mortgage loan

Get in touch with us to find out all about the Alpha mortgage loan for foreigners, the process to take it out and the documents you’ll need.
couple at bank

1. Applying for and getting loan pre-approval

You or your proxy visit a branch by appointment so we can inform you about the benefits, conditions and supporting documents for the Alpha mortgage loan for foreigners. Dedicated RMs are available at branches to assist you throughout the loan process.

Once you collect the supporting documents for the loan pre-approval and bring them to the branch, we fill in the application form together. If your application is approved, we send you the loan pre-approval letter.

couple at bank

2. Finding the property and signing the agreement

You have 2 months to find the property. Once you do, we inform you of the supporting documents you need to collect for the engineering inspection and due diligence.

If the property meets the conditions for a loan, we check the draft purchase agreement and send you the final approval letter along with the European Standardised Information Sheet (ESIS), and the draft loan agreement.

You have 10 days to evaluate the offer. At least 5 days must pass from the day you receive the offer, before you can sign the loan agreement.

During this stage you:

  • Insure the property and the loan.
  • Sign the disbursement application.
  • Sign the standing order so we may collect the monthly instalment from your linked deposit account.
benefit

3. Registering the mortgage lien and taking out the loan

We inform you of the supporting documents you need to bring to us for the property mortgage lien. If you are pledging cash or financial instruments as collateral, a different process is followed.

Once the property mortgage lien process is concluded, you either collect the loan cheque issued in the name of the seller, or we deposit the money in their account.

benefit

Want to find out more?

Fill in the form and we’ll be happy to answer your questions and assist you in any way we can.

Any questions?

Find answers to all your questions about the Alpha mortgage loan for foreigners.