Properties with an average commercial value of €1,720 per sq.m. were those approved for financing in the “My Home 2” program, which closed at the end of August with 14,114 signed loan contracts, amounting to €1.54 billion. The data comes from the Finance Ministry, which released the information on Thursday.
It showed the loan-approved homes had an average commercial value of €152,100 and an average surface area of 88.5 square meters.
The figures published refer to loan approvals – there were 983 more approvals than final loan contracts signed.
A total of 15,097 loans worth €1.82 billion were approved, while eventually 14,114 contracts worth €1.54 billion were signed. In other words, 93.5% of the approvals led to contracts.
Of those 983 approved loans that did not ultimately result in a signed contract, no reason was given from the publicized data.
