Buying a property in Greece as Foreigner

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Buying a property in Greece as Foreigner

What are the steps to buying a property as a foreigner?

Buying property in Greece is a pretty straightforward process, even for a foreigner. These are the steps to keep in mind as you get started.

  1. Choose where to buy. While shopping online can give you a good idea of the property itself, it can be difficult to get a real feel for the area without being there. As such, it’s a good idea to take a trip to Greece to scout where you’d like to buy beforehand, if possible.
  2. Retain an agent. If you’d rather search yourself, begin looking online
  3. Pick your property and make an offer. After choosing a property and doing your due diligence, make an offer to the seller. If it’s accepted…
  4. Get a lawyer. In Greece, it’s mandatory to retain a lawyer.
  5. Get a notary. The notary makes or breaks the property sale in Greece; make sure all your documents are in order so you can breeze through this process.
  6. Pay your taxes. The buyer pays for the property tax transfer in Greece, which is set at 3% since 2014. Watch out, though- you won’t be able to do so without an AFM, which is like a Greek social security number. You can get one by filling out M1 and M7 tax forms.
  7. Enjoy your new property!

Our office ensure you that all the steps needed as:

  1. obtain AFM number,
  2. Translate Documents – Passport, TAX documents etc…
  3. Open Bank account

will be easy, as long as you follow our guidance.

To be ready to follow the steps above you need upon your arrival to have – prepare :

Passport
TAX Number – We assist on getting one from the Tax Office
Proxy that gives the power to act on behalf for all buying procedure as long as getting the necessary government papers needed.
Bank Account ( need the TAX clearing from your country of residence, One bill that proves the address and the phone, one paper from work to prove the work status – All those papers need be translated in English )

 

Remember: We offer all the services you will need! We have in-house civil engineer and cooperating lawyer for your safe and easy purchase.

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