Steps To Buying A House In Greece

If you buy a house or property in Greece, the transfer and registration of titles is a completely transparent and easily verifiable procedure. The country has been a member of the European Union since January 1981, so both national and European legislation apply. Our lawyers are always involved in the investigation of a house in Greece. In addition, a civil engineer and the notary check all documents. Often the purchase of a house in Greece proceeds as described below.

Step 1 Buying a House in Greece: Signing a Power of Attorney

This is done by a Greek notary in the presence of an accredited translator (mandatory). This power of attorney authorizes the lawyer to act on behalf of the buyer. It also contains the powers granted to the lawyer for the purpose of drawing up and executing the real estate purchase agreement. The buyer does not have to deal with long and complicated legal formalities and procedures with Brokerage Greek.

Step 2 Buying a House in Greece: Legal Investigation by a Lawyer

The attorney with power of attorney, acting in the name and on behalf of his client (buyer), registers him as a taxpayer in Greece and opens a bank account with a bank (in the name of the buyer) if desired.

The lawyer thoroughly checks the Greek Land Registry for the history of the property and for other details (such as existing or previous mortgages, charges, existing and previous contracts and agreements relating to the property, etc.) After the lawyer has completed the property check, he draws up, signs and certifies a report and delivers it to the prospective buyer.

The lawyer signs a transfer tax return and files it with the local tax office. The tax rate is 3.09% if.

De advocaat tekent een aangifte van de overdrachtsbelasting en dient deze in bij de lokale belastingdienst. Het belastingtarief bedraagt 3,09% indien.

Step 3 Buying a house in Greece: Signing the purchase agreement

Both parties (buyer and seller) sign the purchase agreement of the property in the presence of a notary and a certified translator. After signing the agreement, it is registered by the lawyer in the Greek land registry, the last, integral and obligatory stage of the purchase of the property in Greece.

Step 4 buying a house in Greece: receiving real estate documents

After signing the agreement, the buyer will receive the complete package of documents, which will be notarized, together with the building permit, the Energy Consumption Certificate, the Property map and the topographic plan.