Buying a flat, house or villa in modern Hellas is easy. The transaction and documentation

process is simple and transparent. It is regulated by Greek and EU legislation. A quick and

clear procedure, a minimum package of documents, low taxes and fees allow you to conclude

a sale and purchase agreement in a short period of time, obtain ownership of the property and

start using the property for personal, rental or business purposes.

The entire process of acquiring a property usually takes from 20 working days. A single visit

to the country will be required to issue a general power of attorney, as well as to open a bank

account. It is easier and more profitable to entrust carrying out the rest of the procedures to

professionals.

Documents for buying property in Greece

Before buying a house or apartment you need to prepare documents:

- international passport;

- visa, valid at the moment and allowing entry into the state

- internal passport of the country of citizenship;

- a document confirming professional activity

- tax return or income statement (for opening an account in a Greek bank).

It is worth noting that the acquisition of real estate by foreign citizens in the border areas of

Greece is possible after obtaining a special permit from the local municipalities.

Registration of documents

When the flat or house has been selected and the final price has been determined, the process

of the transaction begins. It is possible to execute the documents remotely, without the

buyer's constant personal presence in Greece. This is completely safe and it will save time

and money to do your own business. The new owner will receive a ready, properly executed

package of documents and will be able to start managing the object. Only a single visit to the

country will be required at the initial stage.

For foreign citizens, the procedure is as follows:

1. Greek notary with the participation of an accredited translator draws up a general

power of attorney on behalf of the buyer. It gives the lawyer the authority to carry out the

transaction of sale and purchase of the object.

2. The lawyer opens a Tax Identification Number (AFM) in the tax office of the country in

the name of the buyer. A local bank account is opened in the presence of the principal.

3. The lawyer checks the legal purity of the object (records in the Register of real estate, the

presence of encumbrances, pledges, arrests, etc.). Then the specialist analyses the texts of

contracts, certifies them, writes a conclusion on the verification and gives everything for

familiarization of the future owner.

4. The lawyer submits to the tax inspection information on the payment of the transfer of

ownership tax in the amount of 3.09%.

5. The parties to the contract sign the main contract of sale. The lawyer, the seller (or his

representative), the notary and the interpreter are present. The money is transferred from the

buyer's account to the seller's account, and a corresponding payment certificate is signed.

Data on the contract is entered into the Real Estate Register. The buyer receives a full

package of documents, including the contract itself, building permit, energy certificate, house

or flat plan, topographical plan.

After the purchase of the property, the new owner acquires both rights and obligations. He or

she must pay utility bills, municipal taxes, and ensure that the property is in proper sanitary

and fire protection condition. It is recommended to insure the house or office against damage

in case of natural disasters or other unforeseen events.