i auction

Real Estate & Property Bankruptcy & Insolvency

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i auction — homepage

i auction is not an auction house but a service layer around the Greek property auction market, and it exists because that market is genuinely hard to use. Greek forced sales run through the state electronic system under a notary; what this platform adds is everything around the bid — finding the property, valuing it, checking its legal position, and financing the purchase. It sits alongside eauction.gr, where the bidding actually happens, and eauction24, which indexes the same sales.

What it covers

  • Residential property coming to auction.
  • Commercial premises and land.
  • Selected higher-potential lots rather than an exhaustive index — the platform curates.

How the bidding works

The services are the product: a market-value assessment with projected return, optional legal due diligence on the title, and — the part that is genuinely unusual — mortgage financing arranged with a partner lender for up to 70 % of the auction's starting price. Financing an auction purchase in Greece is otherwise difficult, because the payment deadlines after a knockdown are short and banks are slow. The site runs in Greek and English.

What to check before you bid

This is a paid service layer, so establish what each step costs before engaging: valuation, due diligence and financing are separate products, and the platform is not the seller. The bidding still happens under the state procedure, which for a foreign buyer means registering per auction and sending documents by post. Treat the legal due diligence as valuable but not as a warranty — in a Greek enforcement sale, occupancy and surviving charges remain the buyer's risk, and that is exactly why the check is worth doing.

What you can buy here

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