How to buy a house in Greece?
How to buy a house in Greece?
Buying a house in Greece summarized
- Get a bank account.
- Get a Tax Registration Number (AFM)
- Hire a lawyer.
- Pay the fees (notary fee, a stamp duty, and the registration fee)
- Approve transaction at the notary.
- Register the property in the local Land Registry.
What are the disadvantages of living in Greece?
The most remarkable cons of life in Greece include high bureaucracy levels, frequent strikes and demonstrations, unemployment, and underwhelming tourist traps. How expensive is Greece? The price levels in Greece are 12% below the EU average.
What is the 7 year law in Greece?
After living in Greece for at least 7 years, residents permit holders may apply for Greek citizenship.
How much do foreigners have to put down to buy property in Greece?
The initial cost of buying a property in Greece is of course the value of the real estate. Most probably, there will be a 10 percent down payment for the property before the legal transaction. There are further charges and taxes to be paid during the process.