When choosing an object, it is necessary to take into account the purpose of the purchase and the area in which the object is located. If you want to get the property for sale in Greece, it is better to do it through a management company.
Process of buying real estate
The process of buying real estate takes two months. When an object for purchase is selected, a further process takes place:
- A tax number is required for large transactions, such as real estate purchases. To get it, you need to contact the Greek tax office.
- A local bank account is needed to buy real estate and pay taxes. To open an account, the personal presence of the applicant is required.
- Verification of the legal purity of the object is carried out at the place of registration of the object.
- The reserve of the object is possible while the buyer passes the bank due diligence and opens the account.
- The real estate registry issues a certificate of ownership in the name of the new owner.
What difficulties can investors face?
We often come across the belief that buying property is cheap and easy. Indeed, on the network, you can find many offers at very low prices – usually in the secondary market. Employees of Greek real estate agencies promise a lot to buyers, but not everything is so simple.
When choosing villas rental in Greece, it is necessary to take into account the purpose of the purchase and the area in which the object is located. If you want to rent an apartment, it is better to do it through a management company. Otherwise, there is a high risk of encountering unreliable residents. And to expel a non-payer, for example, an owner can only by a court decision.