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Purchase Stages

5 stages to register the sale and purchase of property in Greece

According to Greek and  EU legislation the whole procedure of registration  and title transition  of property in Greece should be absolutely transparent,  fully controlled and public. In case if the buyer of  property in Greece is not a Greek citizen, he should pass through the following five stages for the purposes of registration of the transaction:
Step 1

Drawing of a Power of Attorney.

Step 2

Issuance of Tax Identification Number (TIN).

Step 3

Property checkup in the Land Registrar.

Step 4

Submission of the of the Title Transition Tax return.

Step 5

Signing of the Principal sales and purchase agreement.

The information was provided by the Legal department of the company Elionis.
Documents required for Property Purchase in Greece
Property registration expenses in Greece

If you applied to the company Elionis in order to purchase a property in Greece, then we can  guarantee that whole property purchase and registration procedure will take no more than 10 days.

You need to submit to our Legal department the as follows documents:

Valid passport with a entry visa valid for Greece
Document confirming permanent residence address  (national passport of the country of residence)
Employment certificate, (a document confirming main occupation of the prospective buyer
Copy of Tax declaration (or Income Tax Statement, or any other income statement (salary statement, bank statement).

* This document is required for opening of a bank account and the income amount stated is not relevant to the value of the purchased property.

The property registration expenses in Greece depend on its commercial or cadastral value (if it exceeds commercial value) and on the Title Transition Tax rate.

Τhe total amount of the property registration expenses in Greece should not be deemed as a service fee calculated from the property value and includes the Title transition tax, lawyer’s fee, notary fee and the estate agent’s fee.

Pay note, that if the cadastral value of the property in Greece exceeds the commercial value, then all the expenses of your purchase registration are calculated based on the cadastral value of the property.



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