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.
- 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.
- Retain an agent. If you’d rather search yourself, begin looking online
- 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…
- Get a lawyer. In Greece, it’s mandatory to retain a lawyer.
- 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.
- 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.
- Enjoy your new property!
Our office ensure you that all the steps needed as:
- obtain AFM number,
- Translate Documents – Passport, TAX documents etc…
- 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.
Important for office commission:
Real Estate Fee: 4% on top of the purchase price, plus V.A.T. 24%.
For contracts under 120.000€ there is a flat rate of 5.000€ including V.A.T. 24%
& For Contracts above 1.700.000€ the % is under agreement.
Also, in general, you should calculate an 11% – 12% on top of the selling price for all costs included.
Reviews
(Translated by Google) I have heard very good things
(Original)
Έχω ακούσει πολύ καλά λόγιαmlabropAugust 17, 2024
The only place to go for advice on buying or renting property in Messiniadavid whiteJuly 26, 2024
We'v bought our house thanks to Dionysios, he did a great job from the beginning to the end of the process, including getting us the legal support.
He is the most reliable guy you can find for doing such an important thing.Lior YekutieliJune 15, 2024
Maximilian KBApril 23, 2024
Very professional, straight, problems will be simply solved.
Rely on wise estimation of market situation, combined with perfect local knowledge and any time reachability. Full recommendation, we will use the services of Dionysios in future, too.Jaromir SmerdaNovember 13, 2023
(Translated by Google) We were very well looked after when purchasing the house! Everything worked great. Perfect service!
(Original)
Wir wurden sehr gut beim Hauskauf betreut! Alles hat super funktioniert. Perfekter Service!PANoptima Scientific InstrumentsAugust 7, 2023
Dionysios took us around several properties in our chosen area in the Mani about a year ago. We found a perfect half built property that had not appeared in any online searches. Dionysios then acted as contact and interpreter in our dealings with the builder to settle a final specification. He even came with us to pick the tiles and bathrooms for the house! Dionysios also introduced us to a very good lawyer who was able to, arrange tax numbers, a bank account, complete the house purchase (while we were in the UK), draft a completion contract with the builder and successfully obtain a Golden Visa. We have now been living in the house for three months and today Dionysios arranged for someone to come and fix one of the AC units in the house. For people used to UK estate agents, the services offered by Messinia Properties for a fixed fee are amazing and are offered with a smile, patience, courtesy and fluent English and German. I cant recommend this company enough!Steve HallJuly 24, 2023
(Translated by Google) It seems the most complicated thing that can be to buy a house in Greece and then we met Dionysos. With the smile and integrity and professionalism. who knows everything and solves everything and is available for any question. That you can trust him with your eyes closed and know from the inside that everything will be fine. Service I have never met before. And from the most terrifying place it became a great joy the impossible became possible. Thanks Dionysus. wholeheartedly
(Original)
זה נראה משהו הכי מסובך שיכול להיות לקנות בית ביוון ואז פגשנו את דיוניסוס. עם החיוך והיושרה והמקצועיות. שיודע הכל ופותר הכל וזמין לכל שאלה . שאפשר לסמוך עליו בעיניים עצומות ולדעת מבפנים שהכל יהיה בסדר. שרות שלא פגשתי מעודי. ומהמקום המפחיד ביותר זה הפך לשמחה גדולה הבלתי אפשרי הפך לאפשרי. תודה דיוניסוס. מכל הלב.מיכל יקותיאליFebruary 9, 2023
Mr. Dionysios Sipsas sold our house for us and we can really recommend him and Ewa, his Swedish assistant in the Koroni office. The purchase went through very quickly and Dionysios helped us with all the problems that occurred on the way. We can highly recommend Messinia Properties.Gunilla BroströmJanuary 11, 2023
I'm very happy with Dionisios and Ewa: they helped me with all the details and the contacts with the notarie and layer. They also operated quick and smooth. Both Dionisios and Ewa have a big heart and was careful to my wishes. Ewa is native swedish and so am I and I could ask all my question and got answers to all of them.
I can warmtly recommend Messinia PropertiesCecil wigrenSeptember 12, 2022
(Translated by Google) After purchasing our house, we called on Messinian properties and Mr Tsipsas for interior work and for the construction of our veranda and our swimming pool. Every time it was perfect. Very nice creation, tasteful improvements and no unpleasant surprises. In short, this company is to be recommended. We strongly recommend it.
(Original)
Après avoir acheté notre maison, nous avons fait appel à Messinian properties et à Mr Tsipsas pour des travaux interieurs et pour ka realusation de notre veranda et notre piscine. A chaque fous ça a été parfait. Très belle réalisation, amelioeations de bon goût et pas de mauvaises surprises. Bref, cette entreprise est à recommander. Nous vous la conseillons fortement.Pierre BougardFebruary 20, 2022
Anthony HigginsNovember 19, 2020
I can warmly recommend Mr. Dionysios Sipsas and his team. They work perfectly, fast and very reliably.Dionysios Sipsas is very prudent and you can rely on him to 100 percent. All the business I´ve done with him has been working perfectely.If you search a trustful and well organizing partner for purchasing or building your own Greek home , this is the perfect address!Martin PauerOctober 14, 2020
I am very greatful for an excellent service, kindness and all guidens and help from Dionisios. I highly recomend his services.Ewa BerntsdotterSeptember 2, 2020
With Dionisios is was very easy to realise our dream of a house in Greece. He and his team organised everything from A to Z in a very competent and efficient way. Also after the sale Dionisios is extremely helpful , with his great knowledge of the region and construction company he has a solution for everything. A very professional and reliable real estate company!Barbara DurandMarch 26, 2020
I would recommend this company either for selling your house or looking for a new home.
I contacted them about selling our house for us and within two days they visited our house and agreed to be our agent. Mr Sipsas made us feel very confident about our house and we liked him straight away, calm and straight talking, we felt he would be the one capable and proactive enough to sell our house. We were right, the house has been sold through him.
His staff are friendly and efficient and always ready to answer any questions.
I have seen other agents rushing buyers round, but Mr Sipsas gave the buyers plenty of time to look round at their leisure.
As he said to them,” take your time, buying a house is a very important thing”. That’s why I would also recommend using them if you are searching for a new home.christine hodgsonAugust 7, 2019
Thanks Dionisios for your services. Look forward to do business again with you.George KormpisMay 13, 2019
The best for Real Estate and Construction in Messinia. Dionisios and his team are real professionals! Thank youXristos OrionMay 13, 2019
(Translated by Google) Excellent agency! We have just purchased a house and have been wonderfully helped and assisted by Dyonisios and his team. Even after the sale he continued to help us, well beyond his mission. Highly recommended!!!
(Original)
Excellente agence! Npus venons d'acheter une maison et nous avons été magnifiquement aidés et assistés par Dyonisios et son équipe. Même après la vente il a continué à nous aider et cela, bien au dela de sa mission. A recomander chaudement!!!Pierre BougardOctober 25, 2018
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