•A Greek bank account
•A Greek Tax numbe

•Examines any encumbrances on the property
•Examines all contracts that are registered on the property
•Control of technical drawings on the property
•Payments on behalf of the customer
•The contract for the Notary Public
•Signing of the final contract for taking possession your property when the lawyer has prepared the final contract. This will be handed over to a Notary Public, who performs the same investigation and information obligations as an authorized broker / lawyer.

I've found a property. What is the process of buying property in Greece?
Our company will assist you step-by-step in the whole process of buying property in Greece.
The steps and procedure are described below.
Step by step for acquiring a Title to a new property.

 

To acquire a title a property the following steps ought to be taken:
 

1. The purchaser must approach a lawyer of good repute and ask him/her to search the titles at the Registry of Mortgages and represent you to the Public Notary where the contract deed will be signed. The purchaser's lawyer must carry out his/her search at the Registry of Mortgages and ensure that the vendor holds an absolute Title Deed to the property is unencumbered, that all acts associated with the construction of the property are based on a lawful planning permission and that all obligatory property taxes burdening the vendor have been paid.
 

2.The purchaser must secure copies of the Title (Title Deed ) held by the vendor. This is usually carried out through his/her lawyer.
 

3. The purchaser or the vendor must appoint a Public Notary in the presence of whom the contract deed is to be signed thereby becoming an official transaction whereby the purchaser acquires the title to the property purchased.
 

4. The purchaser must apply for and secure a Tax Registry Number (AFM or ΑΦΜ) from the Inland Revenue Service.
 

5. The purchaser must make sure that the Transfer Tax is paid prior to signing the contract with the aid of his/her lawyer. The purchaser pays the Transfer Tax.
 

6. The Title Deed must be transferred at the Registry of Mortgages and the relevant official certificates secured. The purchaser’s lawyer usually carries this out.
 

7. If the property has already been registered under the National Land Registry the purchaser must submit a copy of the contract deed together with the transfer certificate from the Registry of Mortgages, so that the property ‘’ll be properly registered in his/her name.
 You can estimate about one month to have the contract and deed ready. The sales documents for signing are all in Greek, which can be translated into English.

 

NOTICE: When buying built property, which is at its early stages of construction or off plan, to sign a Private Agreement (Pre Contract) laying out the terms of the sale and for the official contract to be signed later on. This Private Agreement is binding only as a usual contract and does not provide any party with specific performance rights. Hence, in the event that the contract is breached by either party, the injured party is only entitled to damages