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Greece Expat Forum

buy real estate

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Amethyst7
11/9/2016 04:53 EST

what are the difficulties in buying property?

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OldPro
11/9/2016 11:48 EST

Umm, well in isolation, your question is not answerable.

Are you a legal resident of Greece for starters or are you thinking about moving to Greece in the future?

Without some background info, it is very difficult to know how to respond to you.

For example, if you are not already resident in Greece, I would suggest you need to live there for a year or two first before thinking about buying anything.

If you have lived in Greece for 3-4 years and are now thinking of buying, I would be surprised you have no knowledge of what the issues around buying can be. For example, getting actual proof of 'title' to the property. Or was the house built legally, etc.

Read here for example.
http://www.nytimes.com/2013/05/27/world/europe/greeces-tangled-land-ownership-is-a-hurdle-in-recovery.html

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moonman
12/14/2016 15:45 EST

You need to be very careful that the person selling is the real owner,a lawyer will confirm this when you show them title deed copies from the owner.Always use a lawyer for this,make sure the property is not so old that it doesnt have columns for earthquakes,your lawyer will check if there are any illegal additions or violations of the original licence and planning permit.Most property here if its a bit older will have some violations and if its not picked up on by a legal person then the new owner may pay a penalty down the line .one off or yearly and or may have to pull the property down,there are many potential dangers here but a good lawyer will advice you and check over all the papers and go to the local planning department for verification of its legal status.

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