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    Kurawa ยป The process of buying real estate in Greece
    Real Estate

    The process of buying real estate in Greece

    Torey PowlowskiBy Torey PowlowskiDecember 13, 2022Updated:December 27, 2022No Comments2 Mins Read
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    Greece is an island of stability in the current situation. The economy is in an unsatisfactory state, but Greek real estate remains in demand and popular. You can consider purchasing real estate in Athens for sale as there are numerous options available now.

    How to find a realtor in Greece?

    In Greece, the participation of an intermediary in the Greek villas rental transaction is optional. But in practice, foreigners rarely decide to go through the procedure on their own. And in practice, it turns out to be more profitable to pay. How do realtors help the buyer?

    • Prepare the database of objects
    • Organize investment tours for these objects
    • Select real estate objects for display under the specified parameters
    • Agrees on the price and special conditions with the seller (for example, in the case of installments).
    • Prepares documents for the transaction.

    Main agreement

    A notary and a lawyer will be required to sign the main sales contract. The language of the contract is Greek, but one of the copies can be translated into your native language. After the documents are certified by a notary, it is necessary to register the transaction in the cadastral register and land archive. Now you fully own the object and can immediately submit a package of documents for obtaining a residence permit.

    Transaction payment

    The buyer transfers funds from his bank account to the seller’s account immediately or within seven days after signing the sales contract. Through intermediaries, you can reduce the cost of bank transfer fees.

    Tax on the transfer of ownership, notary services, and other purchase costs are paid before signing the contract. As a rule, one or two days before the conclusion of the transaction, the buyer pays the required amount. Proof of tax payment must be submitted to a notary.

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    Torey Powlowski

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