Purchasing an investment property abroad requires a different approach to financing. We help clients navigate the available options — from Slovak mortgage loans to financing directly through the developer’s partner banks in Greece.
Financing options
Slovakia
Mortgage from the domestic bank
Financing a foreign property purchase through a Slovak bank can be secured against a property in Slovakia or in the buyer’s country of residence. Suitable for client who own real estate in Slovakia or another EU country where he has a residency permit.
Greece
Financing through the developer’s bank
Some developers offer direct financing or work with Greek banking partners. The approval process takes place entirely in Greece, without the need for a Slovak guarantee or collateral.
Flexible
Developer payment schedule
Many off-plan projects allow payments to be spread across construction milestones — a deposit at reservation, staged payments during the construction, and the last payment upon completion. Suitable for investors who prefer to spread financing over time.
Frequently asked questions about financing
Can I finance a Greek property using a Slovak mortgage?
Yes, it is possible — it depends on the bank and the collateral you can provide. Some Slovak banks allow financing of foreign properties when secured against existing assets in Slovakia. Conditions vary between banks and a consultation is the right first step.
How does the payment schedule work for an off-plan property?
Typically: 10–20% at reservation, further instalments tied to construction milestones, and the last payment on completion of the construction. The exact schedule depends on the developer. We clarify the terms for each project before any commitment is made.
Is it more advantageous to pay in cash or to use financing?
It depends on your circumstances and the specific property. Paying in cash is simpler and faster. Using a loan can increase the return on equity — provided the interest rate is lower than the rental yield. We can work through the comparison together during a consultation.
Do I need a Greek bank account?
Yes, a Greek bank account is a standard part of the purchase process — along with a Greek tax identification number (AFM). We assist with both well in advance of signing the purchase agreement.
Note: We do not provide financial advisory services within the meaning of regulated activity. We help clients understand the financing options available in the context of a specific investment and connect them with trusted partners — banks, financial advisers and lawyers in Slovakia and in Greece.
Considering financing for your purchase?
Send us an Inquiry form and find out whether investing in Greece makes sense for you.
In an Initial Consultation we assess your goals, budget and options. If it doesn’t make sense, we will tell you directly.
Send us an Inquiry form and find out whether investing in Greece makes sense for you.
In an Initial Consultation we assess your goals, budget and options. If it doesn’t make sense, we will tell you directly.
