Solicitors / Lawyers Website Addresses
Buying
real estate in Greece
A deposit of 10-30% (normally 10%) is paid after an agreement to buy is signed
which should include buying price details and due completion date, which varies
but can be done in under a month. The balance of the purchase price is payable
on signing the purchase deed before a public notary in Greece. The notary will
check that your property has the clear title before completing the sale agreement.
They will charge around 1-2% of the property value to do this.
Solicitor / Lawyer
They will act on your behalf in payment of any local taxes and register the property
deeds with the Land Registry as freehold. Solicitor/lawyers fees are usually
1% of the properties value with a fraction charged on top for properties exceeding
a certain value.
Fees
The fees for buying a property in Greece total 15 -20%. Purchase tax is charged
depending on the properties value at between 9-11%, in addition 2% is charged
on top for properties located in cities. Land registry fees should be about 0.3%
of the assessed value plus a small sum for stamp duties and certificates. Real
Estate agent's fees are usually paid by the vendor.
Property Tax
Generally quite low, from 0.25% of the property's declared value annually. This
will cover local services. A community tax of around 3% of the property transfer
tax is paid to the local municipality for general public services.
For more information on Greece Property and to
arrange your viewing visit:
Greece
Property Viewing Arrangements
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