Typically, when buying a property in Greece, buyers sign a "pre-sales" agreement at a Notary, and pay a down payment of anywhere between 5 and 20% of the sales price.

If the buyer is a private individual, and not a company, typically what is required of the buyer is their Identification Card (Passport or Government-issued Identification), and a Greek Tax Identification Number (which can be issued by Greek authorities by us, through the assistance of our attorneys and the usage of a Power of Attorney), and or a Power of Attorney, which may be very useful, especially if the buyer resides outside Greece.

This depends mostly on the availability of the required paperwork, on behalf of the seller. In general principle, it should take anywhere between 1 and 6 months. However, at www.greek-realty.com, we ensure that all properties for sale already have the entirety of required paperwork readily available, so as to shorten the overall time required to close a purchase.

1. The buyer selects a property.

2. The buyer's attorney performs an examination of the seller's paperwork,

This includes checking the Land Registry's records, thereby ensuring that

the property features all necessary credentials.

3. The buyer and seller draft and sign a "pre-sales" agreement at a Notary's

office in Greece, whereby the terms of the sale are agreed upon, such as

the purchase price and the time allotted for completing the sale.

4. Once all necessary paperwork is assembled for the sale, the final sales

agreement is signed at the Notary's office.

5. Following the final sales agreement, the buyer must also register the new

property at the Greek Land Registry Office and the Greek Tax Authorities.