Our lawyers can help with the Property Purchase process in Greece.
To request a free consultation case, please provide us with your contact details below and we will contact you via email or phone.
The main requirement is to obtain a Greek Tax Registration Number (“AFM”). A prospective investor can do this either as a tax foreigner or as a Greek tax resident. This number is unique to each individual and is essential for conducting any transaction throughout the country.
The Tax Registration Number appears on a certificate you will receive after registering your personal details with the Greek Tax Authority. This number must be presented to the Notary Public when signing the final deed.
Unlike other European markets, property investors do not need to have a Greek bank account. However, it makes many related transactions and bureaucratic processes much simpler to navigate. It’s also easier and more convenient when making payments and transfers.
Our Greek Real Estate lawyers can assist you in the process of obtaining a Tax Registration Number as well as setting up a Greek bank account.
Most transactions follow the process below:
Taxes and fees are mostly paid by the buyer and vary from region to region. They typically include the following:
Property transfer tax of 3% for an existing property and Value Added Tax (VAT) of 24% in order to purchase a new building directly from a builder
Notary costs from 0.8% of the purchase price, title deed tax and land registration fee of 0.475% of the purchase price
Our Legal fees of around 1% to 2%, inclusive of VAT (recommended but optional)
Register with the Greek Tax Authority to collect this number.
Our Real Estate lawyers can help you identify the right property for you and ensure that you use trustworthy search portals.
Understand the property’s situation, such as mortgages or ongoing litigation procesdures
Our lawyers will draft a “Letter of Intent” for purchasing a property and guide you through the reservation agreement. We will also assist in any subsequent negotiations before signing a deal.
Settle any applicable Property Transfer Taxes or VAT, and update the Land Registry.
We offer a wide range of services for investors at Lexidy. Our skilled and committed team has years of experience in legal counsel, management, real estate, conveyancing, new visas, immigration challenges, residence, and investment opportunities for investors with a global perspective.
If you are thinking to purchase a property in Greece or any other Real Estate matter, contact us for a free consultation of your case and our expert lawyers will help you with anything you need!
To request a free consultation case, please provide us with your contact details below and we will contact you via email or phone.
We guide you through the seamless process of purchasing a property in Greece, from property search to the final transaction, ensuring a stress-free real estate experience.
We can assist you in obtaining a Greek tax number (AFM) swiftly and efficiently, simplifying your real estate transactions and financial matters in Greece.
We can streamline the process of opening a bank account in Greece, ensuring a hassle-free experience for all your real estate and financial needs.
Conduct due diligence on real estate property title deeds & competent Land Registries & Cadastral offices for burdens, liens, confiscations, third party rights.
We provide expert review of notarial documents and drafts, safeguarding your interests and ensuring the legality and accuracy of your real estate transactions.
We offer professional drafting of a Power of Attorney, empowering you to efficiently manage real estate matters and legal transactions in Greece with ease.
Consult with a real estate expert for personalized guidance and solutions to your property-related concerns.
Quality Life for You and Your Family
Purchasing a property in in Greece offers numerous advantages. Firstly, it opens an opportunity to live in one of Europe’s most captivating countries, with its vibrant cities, stunning coastline, and rich cultural heritage. Secondly, the visa enables access to Greece’s thriving digital and tech ecosystem, fostering networking opportunities and professional growth. Lastly, you will immerse in the warmth of Greek hospitality, savor its delectable cuisine, and explore its diverse regions while maintaining a flexible work-life balance.
Experience the rich Greek culture.
Explore Europe without visa restrictions.
Greece has a stable and growing economy
Taste world-renowned Greek food and wine.
Cost of living is lower compared to other European countries.
Access to high-quality healthcare facilities and services.
Greece has a highly skilled and multilingual workforce.
Explore diverse regions within Greece.
Yes and there are only two requirements
Greece encourages overseas investment in both residential and non-residential real estate. For example, investors can apply for a Golden Visa if they spend €250,000 or more on any real estate.
All property owners in Greece must pay two different taxes annually.
Residents and Non- residents are subject to Income Tax and Real Estate Tax.
Yes. If you invest €250,000 or more in Greek real estate, you can apply for residency with a Golden Visa. Our lawyers can assist you with this type of residency and you can read more about this here.
You must pay a 3% property transfer tax for an existing property and a Value Added Tax (VAT) (24%) to purchase a new building directly from a builder. In all cases, you will need to pay for a Notary’s and Lawyer’s fees.
For us, Lexidy is a way of life and what excites us the most is to be able to deliver the happiness and satisfaction of a successful immigration process. We want to help you achieve your goals and dreams, whether it’s residence in Greece or simply an investment.
Visit us: Patriarchou Ioakeim 25 Street, Kolonaki, Athens, 10675 (Greece)
Write us: info@lexidy.com – Call us: +30 21 1199 5654
© 2024 LEXIDY -
MAKING LAW SIMPLE. ALL RIGHTS RESERVED.