Real Estate Blog - buyer

How to open a bank account in a Greek bank

24 Apr 2019 (originally 05 Nov 2015)

Instructions on how to open a bank account in Greece as a foreign resident. List of all the required documents needed for the procedure.

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Villas in Crete

07 Apr 2019

Guidelines and explanations about which types of properties are considered to be Villas, based on a series of criteria and specifications of houses for sale in Chania, Crete. Key features and characteristics that we meet at a villa in Chania, Crete.

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The total cost of buying a property in Grete,Greece

15 Mar 2019

Selling price vs Total buying cost : Information and guidelines about all the costs that are linked with buying a property in Crete,Greece. We present you what you need to budget for and all the costs you need to be prepared for so you have everything covered.

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Is Greek property market finally leveling out?

01 Mar 2019

Recovery in property prices gains traction as economy improves After almost ten years of falling house prices, the fall is slowing down and seems that things are finally turning around. The protracted downturn in Greece’s property market has gradually eased from 12.08% in 2012 to 2.2% in 2017 and, according...

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Property transfer tax for buyers

26 Jun 2018 (originally 21 Feb 2015)

Property purchases in Greece are subject to taxation. Τhe purchase tax is paid by the buyer necessarily prior to signing the contract, when the transfer declaration is submitted by the parties to the local tax office, which makes an estimation of the property regardless of the declared price by the...

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Tips for signing a construction agreement

02 Nov 2015

Construction is considered to be a risky business, especially when it comes to a foreigner’s decision to construct a residence in Greece. Choosing a contractor’s offer demands a good survey of the market, a trustful engineer and a legal counselor to draft the agreement. You will often face up to practices...

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Reduction of the notary’s fee

02 Nov 2015

       Pursuing the joint ministerial decree 72386/8-10-2015 published on the 9th of October 2015, the previous decree 11376/31−12−2011 concerning the notary’s fees, was modified, so that paragraph 1 of article 1, according to which the notary’s fee for a transaction amount up to 120.000,00 Euros was...

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Greek Real Estate Guide

Property Transfer in Greece Step by step analysis of the property transfer procedure in Greece

Documents and Certifications Read about all the necessary documents needed for a transaction

Real Estate Glossary Real Estate Glossary with terms and definitions for greek property market

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