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Almyros Real Estate Crete
 Property Name:
 Luxury apartments in Georgioupolis
 City/Area:
 Georgioupolis/Chania
 Price:
 €85,000.00
Almyros Homes in Crete Chania

 Property Name:
 Penelope Project
 City/Area:
 Episkopi/Chania
 Price:
 €155,000.00
Almyros Homes in Crete Chania
Almyros Homes Construction Crete
Almyros Real Esttate Crete Properties

PURCHASING GUIDE

Since you have found the right property ALMYROS HOMES will make the purchase of your house, your plot of land, even the process of building your home, a trouble free experience. The knowledge that our company is working for you, should make you feel safe and secure.
Purchasing a property in Greece is a highly regulated procedure, and there are a number of steps and required checks that have to be carried out, in order to successfully complete the property purchase.

CHECKLIST FOR ACQUIRING PROPERTY IN GREECE

  • Open a bank account
  • Obtain a tax registry number
  • Appoint a lawyer
  • Get copies of the property title (contract deed) and check them
  • Check outstanding debts and taxes on the property
  • Appoint a Public Notary
  • Prepare the purchase contracts
  • Pay the purchase transfer tax
  • Pay associated costs required by Greek Law (to the Lawyer, Public Notary, and registration fee)
  • Sign the contract at the Public Notary's office
  • Submit proof of transfer at the Land Registry

You can alternatively authorize us to take care of the entire purchasing process

 

PURCHASING GUIDE FOR GREECE: FREQUENTLY ASKED QUESTIONS(FAQ)

Can foreigners buy property in Greece?
Yes - Greece has been in the European Union since 1983 and the restrictions imposed for security purposes on foreigners owning property were lifted in 1993 (except land in close proximity to military bases.

Is the purchase of property difficult in Greece?
No - In fact the purchase process is simpler than in the UK. In summary, having selected your property you appoint your English speaking Greek lawyer if you would like, to act on your behalf by giving him/her Power of Attorney and you pay a 10% deposit, or whatever amount is agreed, (non-refundable) to the vendor (or to be held by your office if the vendor will accept this).
Completion normally takes about 3-4 weeks dependent on the readiness of the property sale documentation.
If you prefer you can instruct the lawyer to sign the final contract on your behalf in front of the Public Notary (Government appointed lawyer) who approves and records the transaction.
Alternatively, you may wish to return to Crete to sign the contract yourself. In this case, the contract is translated word by word for you (in accordance with Greek Law).

Is there Land Registry?
Yes, in addition to a very precise set of deeds, which establishes your sole freehold title to the property, there is now Land Registry in Greece.

What are the taxes/expenses involved in property purchase?
The total expenses are estimated around 10%; the variation being dependent on the Tax Office assessment of tax for the property to be purchased (normally substantially less than the purchase price). The 10% forecast includes your lawyer fees and those of Public Notary

What other taxes/expenses apply if I live in Greece?
If you are not working, your only costs will be utilities - electricity and water (including public sewage if you have it). There is no council tax

What guarantees exist on new houses?
The architect and builder are responsible in Greek law for the structure and in perpetuity (any problems that are not rectified and the subject of dispute can resolved in court). Our building constructor additionally guarantees all fitting for one year of defects.

Insurance?
We can offer insurance through major European Insurance Company.

   

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