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Crete property | Design & build | Contact | Latest | Facts | Info | ![]() |
Finance |
Many of our clients require assistance to finance their Crete property purchase, and obtain the best exchange rates when transmitting their hard-earned savings to Crete. To help them, we work with major Greek banks to obtain property mortgages, and a leading UK currency exchange broker to provide ease of fund transmission and good exchange rates - including forward exchange contracts which guarantee future exchange rates, very useful during construction stage payments. |
| Mortgages/loans | ||||||||||
We work with major Greek banks to obtain mortgages/loans for your property purchase in Crete. Typical figures are: |
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For example, if you wanted to borrow € 200,000 against a property
valued at € 300,000 over 20 years, you would need to provide proof of EU income
of € 40,000 and make monthly repayments of around € 1,300. Bank arrangement
fees (once-off) would be € 2,000 plus a Land Registry fee of around € 500. |
| Friday July 30, 2010 | ||||
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Crete Complete Property. |
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