Greece
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e-auctions

Piraeus Bank Raises More Than Three Million Euros From Property Sales Via E-Bidding

Piraeus Bank, Greece largest lender, announced on Friday that it has completed its eighth round of e-bidding in November, approving the sale of 30 properties, with sales totaling €3.18 million. More than 260 individuals and legal entities expressed an interest...

Over 2,000 Greek e-Auctions Planned Before October

A total of 2,018 property auctions have been scheduled for the period up to Oct. 10 of which around 200 are expected to be carried out on Wednesday, according the Notary Association of Athens, Piraeus, Aegean and Dodecanese. The Athens...

Divisive Auctions Recall Earlier Crises

Ugly scenes of clashes between protestors and riot police in an Athens courthouse this week, returned attention to the long-running saga of home foreclosures in Greece. A six-month deadlock been in place before Wednesday’s two e-auctions, amid moves to reduce...

Piraeus Bank Online Property Auction Raises More than €6 Million

The second open e-auction held by Piraeus Bank was successfully completed on Wednesday 25 October 2017, with 57 properties sold in total. The auction was conducted via the Bank’s innovative property auction website.   A total of 216 bids were submitted...

Homes Worth Up to 300,000 Euros to be Exempt From E-Auctions

All residences valued at 300,000 euros or less will be exempt from foreclosure auctions using the new electronic platform, according to an agreement reached by Justice Minister Stavros Kontonis and Greek banks on Wednesday. The exemption will apply for...