Stages of purchase of real estate
The process of registration of real estate in Greece usually
consists of the following steps:
• Reservation
by the buyer of the property of their choice, with payment of the deposit and
issuing of the receipt of payment;
• Legal
control of the real estate cadastre in the archive, in order to determine the
legal purity of the property, presence or absence of a pledge at the time of
transfer of ownership;
• Signing
of a preliminary private agreement (before the registration of a notarial
contract) indicating the value of the property as well as the method of payment
of the agreed amount. This agreement is necessary in case if the deal itself is
prolonged in time, but it is not mandatory;
• Obtaining
by the buyer a Greek VAT identification number;
• Opening
for the buyer a bank account in Greece;
• Creating
of a notarial agreement of sale and purchase between the seller and the buyer;
• Registration
of a notarial deed of sale and purchase in the state register.
After
all these procedures, you become the happy owner of “House by the Sea”.
