How do you buy property in Athens Greece?

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How do you buy property in Athens Greece?

The process of owning a property in Athens and generally in Greece is very straight forward and lately due to the digitalization of many procedures the whole process is smooth and fast. The steps in o..

The process of owning a property in Athens and generally in Greece is very straight forward and lately due to the digitalization of many procedures the whole process is smooth and fast. The steps in order to buy a property are simple but you always have to keep in mind that you need to be careful and well informed from professional sources and people. In order to buy a property in Athens you have first to choose in which area you are willing to buy, it’s also highly recommended to appoint an agent in order to make the whole process smoother. After you have picked up your desired property you should place an offer to the owner directly or through and agent. Right after a lawyer and notary are needed for the contracts and legal procedures. Last step is to pay the taxes related to your bought and you can enjoy your new apartment or property in Athens!

Can a foreigner buy a house in Greece?

Greece is a European Country that doesn’t apply any restriction for foreigners to buy properties or land in Greek territories. For a foreigner the procedure in order to buy a house in Greece is the same as described above with exemption for foreigners coming from non-EU Countries. For the foreign buyers coming from third countries the Golden Visa application is a must. The Golden Visa investment amount is very attractive as the minimum investment is set at 250000 euro. A foreign investor should obtain a nonresident tax registration number (AFM) and open a Greek bank account as it is easier for transactions and tax procedures.