The State support program is addressed to vulnerable debtors who cannot cope with their loan obligations.

The program comprises 7 actions and aims to make more properties available at affordable, better prices for both rent and purchase.

If someone takes a loan of 100,000 euros for a house, the monthly installment will be 275 euros, minister Hatzidakis commented

According to the BoG in the second quarter of 2022, the annual rate of change in apartment prices for the entire country stood at 9.4%

The property spans in a total surface area of 3,472.70 sq.m.

A cooperation agreement was inked by the competent parties

The transaction is expected to be completed by the end of the year.