Who Else Wants To Buy Property in Greece

Greece is situated in the South of Europe and is one of the most mountainous European countries, being surrounded on three sides by the Aegean Sea, Ionian Sea and the Mediterranean Sea. The length of the Greek coastline is 14000 km, and the beaches, according to the European Union, are cleaner than most other beaches of Europe. Greece has a population of approximately 11 million, and the cost of living is pretty high. Land-ownership in Greece follows a freehold policy, and is easily gained. Greek law allows citizens of all countries to buy and own property for sale in Greece, as long as they don’t fall in disturbed areas like eastern Aegean, Dodecanese islands, northern Greece, Crete, Rhodes, and Dorian’s home in Athens.

The overwhelming history and the hospitality of the native people have made Greece a popular tourist destination over the years. While the larger and more well-known islands like Corfu, Crete, Rhodes, Mykonos and Santorini have been popular tourist destinations for a long time, other smaller islands like Skopelos, Kefalonia or Zante are also slowly emerging as tourist hot-spots.

Before buying any property in Greece, it is important to determine how far that property matches your idea of a ‘home’. Once that perfect piece of property has been discovered, and the amount to be paid obtained, the purchase of property is not likely to take longer than a couple of months. Finding properties for sale in Greece is a very easy process. The State protects all property in Greece, and also gives equal rights to all property owners. A Land Registry program has been initiated by the Government, under which many islands have already obtained land registries.

There is a vast assortment of properties for sale to choose from, in Greece. These include high-quality, off-plan construction projects as well as the long-established, detached stone villas. In relation to Northern and Western Europe, properties in Greece are valued fittingly.

The purchase of properties for sale in Greece is fairly straightforward, and includes the following, simple steps: First and foremost, the property to be bought must be identified, and the required finances secured. A solicitor or accountant must be appointed. If any permit is to be obtained, then that must be applied for. A Greek bank account is required, and a Tax Registry Number must also be acquired by application. The pre-contract terms of sale and payment of property must be formulated and signed. Properties for sale in Greece must be secured after removal from the market by paying a 10% deposit fee. The ultimate step is to sign the final contract (the solicitor may sign on your behalf on being given the Power of Attorney) and make all necessary payments. As mentioned earlier, the entire procedure does not take longer than a couple of months.

While constructing buildings on properties in Greece, European Regulations and Standards of construction are rigidly adhered. Appropriate measures are also taken to protect the buildings from damage caused by earthquakes. In cities, the apartment buildings cannot be higher than 5 stories, while in suburban and rural parts of Greece, buildings and detached villas are one or two stories high. Such detached and semi-detached villas are extremely traditional, and commonly seen throughout Greece. The agreeable climate throughout the year and the geniality of the native people makes Greece a well-favored country, for potential property owners.