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 in participating in the eighth such open electronic auction. Throughout its open e-auctions, Piraeus Bank offers financing to interested property buyers.

Piraeus conducts e-auctions via https://www.properties4sale.gr/, the Piraeus Bank Group’s innovative property auction website, which is already preparing for the next such auction, the dates for which will soon be announced.

Prior to auction day, offers are considered on all properties at the published “Buy Now” price. Following the payment of a deposit on the Buy Now offers, the relevant properties are removed from the e-auction website ahead of auction day.

Those properties receiving more than one “Buy Now” offers are dealt with on a first come, first served basis.

Prospective buyers can  even visit the properties on prearranged dates (“Open days”) in the period leading up to the auction.