Quick answer: A financing advisor gives buyers access to a full range of loan structures — including purchase, renovation, off-plan, land, and auction financing, with loan-to-value ratios reaching up to 90% in certain cases — and manages the entire process across multiple banks. Because these advisory services are typically compensated by the partner banks rather than the client, the guidance is usually free to the buyer, while offering broader comparison, flexibility, and support than approaching a single bank directly.

Financing in Greece isn’t one product — it’s several

Most buyers assume “getting a mortgage” means one standard product. In reality, Greek banks offer a wide range of financing structures, each suited to a different kind of purchase:

• Purchase of an existing property
• Purchase plus renovation/repair works
• Purchase of a property still under construction
• Purchase of an unfinished property, plus financing to complete it
• Land purchase
• Land purchase plus new-build construction
• Financing for a property purchased at auction

Each of these carries different risk profiles, documentation requirements, and bank appetite. A buyer purchasing an unfinished shell to complete, for instance, needs an entirely different loan structure than a buyer purchasing a finished, move-in-ready apartment — and not every bank is equally competitive, or even active, in every category.

How much can you actually finance?

Loan-to-value limits vary significantly by buyer profile and bank:

• Up to 90% financing is available in certain qualifying cases, including dedicated programmes for younger borrowers and participation in Greece’s “Spiti Mou 2” government-backed housing scheme.
• Up to 65% for foreign nationals, both inside and outside the EU.
• Up to 80% for members of the Greek diaspora (omogenis) purchasing property in Greece.

On top of loan-to-value, repayment flexibility matters just as much as the headline rate: many current loan structures allow early repayment without a prepayment penalty, even during a fixed-rate period — a meaningful advantage for buyers who expect to refinance, sell, or pay down the loan ahead of schedule.

What a financing advisor actually does that a bank branch doesn’t

Approaching a single bank directly means seeing only that bank’s products, judged against that bank’s risk appetite, on that bank’s schedule. A financing advisor changes the equation in several concrete ways:

Advisory service at no direct cost. Specialist financing advisors typically don’t charge the buyer directly — their fee is covered by the partner banks once a loan is completed. That means a buyer gets expert, comparison-based guidance without paying for it out of pocket.

Flexibility around your schedule. A dedicated advisor works around the buyer’s availability, rather than the limited opening hours of a bank branch.

Real comparison, not just information. Instead of being handed a single product to accept or decline, the buyer receives guidance based on their actual needs, with loan products and financing options compared side by side to identify the most favourable structure.

Objective, transparent options. All available loan and bank options are presented with full transparency, rather than steering the buyer toward whichever product a single institution wants to sell.

Support at every stage. A financing advisor stays involved from the initial application through to disbursement — not just at the point of sale.

Continuous visibility. Buyers can track their loan’s progress in real time, rather than waiting for periodic updates.

Taken together, this is why brokered, advisor-led financing consistently outperforms a direct-to-bank approach on both approval odds and client experience.

How this works with BELL

BELL does not provide financing directly. BELL has partnered with a trusted financing advisory office that structures and directs each application to the lender most likely to approve it — comparing loan products across every partner bank, managing documentation, and tracking the file in real time from submission through disbursement. Because their fee is covered by the partner banks rather than the client, this advisory support typically comes at no direct cost to the buyer, and it’s delivered on your schedule rather than a branch’s opening hours. It’s a relationship built on full transparency and hands-on support at every stage.

If you’re planning a financed property purchase in Greece, contact BELL before approaching a bank on your own. We’ll handle the introduction, so you get full access to advisory support, comparison across banks, and every benefit outlined above.