Acquiring a property is a complex process that requires careful research and coordination. For this reason, we have prepared a concise guide outlining the necessary steps to ensure the purchase of your property in Greece.
The first step begins by appointing a lawyer who will act as your legal representative in the transaction. The lawyer will take the title of the property from the seller and research the Registry of Deeds to certify that the seller is the sole owner of the property and that the property has no claims against it. The lawyer will also check whether the property accords with approved zoning regulations and whether all taxes on the property have been paid by the owner.
- Lawyers'
fees
Under Greek law, it is necessary to engage a
lawyer for all property transactions with an
assessed value of €29,347 or above in the jurisdiction
of Athens and Piraeus, and for all transactions
over €11,738 in all other jurisdictions of the
country. Lawyers' fees are calculated based
on the value of a property, starting at a minimum
1% for properties of less than €44,020, and
dropping progressively to 0.01% as the value
of the property rises.
