Alpha Residence

Tailor your mortgage loan to your needs.

Up to 50% lower initial instalment
Fixed or floating interest rate
Up to 2 years grace period

Loans
Alpha Housing Loans
Alpha Residence

Mortgage loan with flexible repayment options

Do you wish to buy a house or plot, build or renovate your home or some other property? The Alpha Residence housing loan meets your needs and ensures flexible repayment. Get it now with a fixed or floating interest rate.

Come to the Alpha Bank branch of your choice and get detailed information on the benefits we can offer you.

From €15,000

Get your loan, starting from €15,000, with a financing rate:

Up to 80% of the property value.
Up to 100% of the sales contract price.

From 5 to 35 years

Choose the term of your loan, between 5 and 35 years.

With collateral

To get an Alpha Residence housing loan you must offer some form of collateral, i.e. a mortgage lien on a property. That may be either the home you are buying or another property of your choice.

You can choose a fixed or floating interest rate for your mortgage loan.

From 3.60% fixed rate

The fixed rate starts from 3.60% (+ the Law 128/75 levy) for 5, 10, 15 or 20 years.

From 2.80% spread for the floating rate

The floating rate is based on the 3M Euribor (+ spread and the Law 128/75 levy). The floating rate spread starts at 2.80%.

We know that a new home comes with increased obligations. That’s why we make it easier for you, with solutions that ensure flexible repayment.

Up to 50% lower initial instalment

You can choose the amount of the monthly instalment you will be paying at the beginning of the loan. The low start allows you to fix your instalment amount for a specified period. This amount may be up to 50% lower than your regular instalment.

Grace period

At the beginning of your loan, you can choose a grace period of up to 2 years. During this period, you only pay the interest on your loan.

1 instalment skipped / year

You may skip up to 1 instalment per year, at any time, and incorporate it in the remaining instalments.

Loan term extension

Extend the term of your loan to reduce all subsequent instalments.

Payment adjustment

The Payment Adjustment Plan allows you to modify your mortgage loan instalment at any time, if your income changes.

For example, you can lower your instalment up to 70% or only pay the interest.

Find out all the benefits of the Payment Adjustment Plan

Early repayment

You can pay more instalments or even the entire loan amount earlier, at no extra cost.

What you gain if you are a first-time home buyer

Free child health insurance plan

The Alpha Residence housing loan offers a free health insurance plan for your children, in partnership with Generali, with the Health Care for All Classic programme for children up to 16 years old.

Meet the medical needs of your children in preventive and diagnostic care at the Bioiatriki Group diagnostic centres, throughout the term of your loan.

20,000 Bonus points

Along with the Alpha Residence housing loan, you get a Golden Alpha Bank Bonus Visa credit card linked to the Bonus Loyalty Programme. With the card you:

Get 20,000 Bonus points as a welcome gift.
Collect double the points of the basic programme.
Enjoy favourable pricing, with low interest rate.
Do not pay an annual fee.

Useful Files

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