General Information

How to buy a property in Greece:

The Process

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Working out your timetable is a fantastic way to make sure everything stays on track when you’re planning to buy a property in Greece. Once you’ve got that end date fixed in your mind, you can work backwards and set key markers in the process. Use the following as a checklist — simply tick off each point as you accomplish it as you progress.

 
 

Six months from buying in Greece

  1. Think about why you want to move, where you want to move, and what type of home you’re looking to buy. Draw up that list of ‘must-haves’ and ‘nice-to-haves’.
  2. Begin assembling your team of Greek property specialists to make your move easier. You’ll need an estate agent, lawyer, currency specialist, and a mortgage/financial adviser.
  3. Review your finances and set your budget.
 
 

Five months from buying in Greece

  1. Start your detailed property search and communicate with your estate agent.

  2. Think about how you are going to structure the finances for any purchase — speak to your lawyer and financial adviser, if necessary.

 
 

Four months from buying in Greece

  1. Run through your broad list of properties with your estate agent to find ones you realistically want to see on a viewing trip, and book that trip.

  2. Have detailed discussions with your lawyer and currency specialist to set up a structure to finance your purchase. That way, you’ll be in position to act immediately if needed.

 
 

Three months from buying in Greece

  1. Attend property exhibitions relevant to your area and continue going on any extra viewing trips, if necessary.

  2. Meet with specialists to help you with the more complicated areas of your move, such as inheritance laws and property taxes, as well as removals.

  3. Get your AFM number and begin the process of opening a Greek bank account.

  4. Make your offer on your chosen property.

  5. Protect your budget with the help of a currency specialist. Consider a forward contract.

  6. It’s a good idea now in your timescale for buying in Greece to book a survey.

 
 

Two months from buying in Greece

  1. Sign your reservation contract, if the seller requires it.

  2. Sign your deposit contract (and pay the deposit).

  3. Contract your notary and make final payment when needed.

  4. Plan removals and decoration and make sure utilities are connected.

  5. Get the keys, move in and start your new life in Greece!

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