With ESTIA Renovation, you can repair or renovate your home with a low interest rate and low fees. That way, you can renew your space easily and quickly with the support of NBG.
You can also:
Get an advance disbursement so you can immediately start repair or renovation works.
Get a financing amount of up to 100% of the cost of repair/renovation works, up to €20.000.
Get a low interest rate and 50% discount on the loan review and approval charges.
Yes, you can adjust monthly repayments by choosing:
The loan is available at a floating rate, based on the 3Μ Euribor, subject to a minimum equal to the ECB’s intervention rate, plus a fixed margin rate throughout the entire loan term. Please note that the floating rate fluctuates in line with any increase or decrease in the base rate, which will impact your monthly installments accordingly. The floating rate also includes the levy required under Law 128/75, currently 0.12%.
For further details about the loan rate and expenses, click here.
It is not mandatory to insure the property, though you can insure it against basic risks such as fire, earthquake, breakage-rupture of pipes, theft, etc.
You can choose any insurance company you want. Ethniki Insurance can undertake to protect your property at a particularly low premium, through quick and easy procedures. Specifically, you can have:
You can also opt, optionally, for borrower's Life insurance with a low premium from Ethniki Insurance, to ensure the repayment of the loan in case of unforeseen events (death due to illness or accident), without this being in any way mandatory.
Terms and conditions apply. The said insurance coverage offered through Ethniki Insurance, if chosen, is provided with the mediation of National Bank of Greece SA, Aiolou 86,10559, Athens, GEMI No 237901000, Company Reg. No.: 311481. The distribution of the insurance programs is carried out only by the Bank’s officials who are certified insurance intermediaries. The Bank is registered as an insurance agent with the Special Registry of the Athens Chamber of Tradesmen under No. 1028. The Special Registry’s data are available through the online platform “Single Information Point (SIP) for Active Insurance Intermediaries”, via which you can verify the registration with the Special Registry.
The loan is disbursed in up to three installments, following controls performed by an engineer in partnership with the Bank.
1st installment (advance payment): up to 30% of the loan amount, finalized after an engineer in partnership with the Bank reviews the fair cost of works.
2nd installment (optional): up to 30% of the loan amount, disbursed once the engineer verifies that all the works financed with the first installment are concluded.
3rd installment: disbursed once the works at the financed residence have been completed and certified by the engineer.
You can use our mortgage calculator and calculate the monthly amortization installments that best suit your needs.
If you would like to know in detail the financing amount you can get, come to one of our Branches to talk to our experienced staff.
Designed to meet your needs
You can feel even more protected after taking out your housing loan with an NBG insurance package covering fire/earthquake and life.Tell me more
For even more rewards, sign up for go4more and gain even more go4more points when you pay your loan installments in time.Tell me more
You can get the housing loan you want through an easy process. Check out the loan conditions for information on the supporting documentation and the questions we will ask you when you apply.Loan Conditions
You need to visit one of our branches and submit the necessary documentation and your application to start the process. For you to be better prepared, we will give you the Works Budget Form, which you will need to complete and bring back to use detailing all works and the associated costs.
If your application is preapproved, we will contact you to notify you and ask you to bring the completed Works Budget Form and a copy of your latest property ownership title. Based on those documents an engineer in partnership with the Bank will review your budget to ensure the fair cost of works and verify the legal status of the property. Before the verification procedures take place, all relevant expenses should be paid in full.
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