Expenses paid by the Buyer:

• A Lawyer’s fee is 1.5% of the property price stated in the Property Purchase Contract (actual or cadastre price depending on the buyer and seller’s agreement) plus 24% VAT
• A Notary fee, as a rule, is appr 1.5% of the property price stated in the Property Purchase Contract plus 24% VAT
• The amount of Title of ownership tax depends on when the construction permission was granted. If it was granted prior to 2006, the tax payable is 3,09% cadastre price.
• If it was granted after 2006, the tax payable is 24% cadastre price.
• Property registry fee is 0.5% cadastre price.
• The Company fee is not included into the property price and it amounts to 2% of its actual price plus 24% VAT.

Most buyers are interested in property located on Khalkidhiki peninsula, for the most part due to its very clean sea and its beaches which were awarded the “Blue flags” – the highest ecological prize granted by EU. Experts rate this area as the most promising in terms of price and quality correlation. Property located on the “third finger” of the peninsula, in Aphon, is one of our special offers. This part of Greece can boast of its beautiful natural landscapes and unique atmosphere of sublime peace created by the proximity of the holy land which the legend describes as the earthly lot of Virgin Mary.

Other areas which gained popularity among property buyers are Thessaloniki and Athens. Regular flights all year round connect these cities with Moscow and other Russian cities which make them open for business activities and first class rest in hospitable Greece. Is there a single person who wouldn’t look forward to owning some property in the heart of Greece’s cultural and business life and who wouldn’t want to enjoy a view of some ancient monuments and ruins which can recollect thousand years of this land’s glorious history?

Greek islands are long since favored by tourists from different countries such as Great Britain, Germany, France and Italy. Crete is one of the largest Greek islands. It is surrounded with legends and myths and it strikes the visitor with its natural unique beauty, its mountain landscapes, gorges covered with thick forests, ancient ruins and monuments and stunning beaches with their snow white sand. That’s where human civilization came into existence centuries ago, and modern Crete remains one of the most attractive sea resorts of the world.

List of documents for registration of real estate:

First, the prospective buyer has to register as a tax payer and open an account with a local bank. It takes a couple of hours and can be done within one day. After that your lawyer starts checking the titles of property which may take several days in case all documents are in good order, or a little longer if you intend buying land or a complex unit (such as a hotel or a business). After that, if the buyer is ready to pay the full price of property, the title transition contract is signed. After that all documents are submitted to a competent body for the title to be entered into the registry. The title certificate is issued within 5 days. Hence, all formalities concerning property purchase can be finalized within 7 days (unless there occur some circumstances which hinder the process, i.e. the buyer is not ready to pay the full price of property or there are too many documents to be checked before the contract can be signed).