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.

Greece:

Aristo Developers
www.aristodevelopers.com

Christel Henauer, Kastro Real Estate Agency, Parikia
www.parosweb.com/kastro

Corfu Property Agency, Greece
www.cpacorfu.com

Cyprus View Property Finder
www.cyprusview.com

EPN, Greece english
www.europropertynet.com/greece.html

Euroland-Crete Real Estate Services
www.euroland-crete.com

G.D.P Real Estate Agents
www.gdp.gr

Greek Real Estate Directory
www.virtual-greece.com/real_estate/index.html

Haris Lavdas, Homes.gr - property promotion in Greece, Athens. English, Greek
www.homes.gr

Kastro Real-Estate Agency
www.realestate-greek-islands.com

Mpasiakoulis Real Estate, Greece
www.mpasiakoulis.gr

Realestates GmbH - Hellenic Immobilien
www.hellenic-immobilien.de

Sunhomes Property Marketing
www.sunhomes.co.uk

Sun Homes International - selection of links about Greece
www.forthnet.gr/sunhomes

Takis Papadopoulos, Alfarealestate Hellas, Athens
www.alfarealestate.gr

Pafilia Group Estates - Property Developments
www.pafilia.com