Property Buyer's Checklist in Greece

Buying property in another country is a step that requires a strict sequence of actions. Mistakes in the stages can lead to transaction delays or a residence permit refusal. This checklist has been compiled by practicing lawyers and contains the current, legally sound algorithm for completing the procedure in Greece. 

STAGE 1: Preparation and Analytics 

01. Legal consultation: Analysis of your situation, selection of grounds for obtaining a residence permit, and budget calculation. 

02. Program selection: Determining the investment format (the "Golden Visa" program or other types of residency). 

03. Property selection: Searching for properties, initial screening based on price, location, and technical condition criteria. 

STAGE 2: Preliminary Agreements and Property Audit 

04. Legal due diligence: Analyzing the history of the property and the seller in the Land Registry (Hypothylakeio / Ktimatologio). 

05. Encumbrance check: Verifying documents for the absence of liens, arrests, lawsuits, and debts. 

06. Negotiation support: Fixing the final price of the property and the terms of the future transaction with the seller. 

07. Preliminary contract: Preparing and signing the agreement (compromis) and paying a security deposit. 

STAGE 3: Tax and Banking Procedures 

08. Obtaining AFM: Obtaining a Greek individual tax registration number at the tax office (DOY). 

09. Bank account opening: Opening a personal current account in a Greek bank for the legal transfer of funds. 

10. Tax payment: Calculation and mandatory payment of the property transfer tax (FMA) strictly prior to signing the transaction. 

STAGE 4: Closing the Transaction and Property Rights Registration 

11. Document translation: Notarization and translation of the buyer's personal documents into Greek. 

12. Contract approval: Final review of the text of the main notarial purchase and sale agreement. 

13. Contract signing: Legal support and signing of the main contract in the presence of a notary. 

14. Final payment: Arranging the official transfer of the full property value from the buyer's account to the seller's account. 

15. Property registration: Entering the data of the new owner into the Land Registry and the Mortgage Registry. 

STAGE 5: Residence Permit Processing and Aftercare 

16. Dossier collection: Preparing the complete package of personal and investment documents for submission to the migration service. 

17. Applying for Residence Permit: Registering the application and receiving a temporary waiting certificate (Blue Paper). 

18. Biometrics submission: Assistance at the migration authorities for fingerprinting and receiving the residence permit card. 

19. Tax planning: Initial consultation on owner's obligations (E9 declaration, ENFIA tax). 

20. 24/7 Support: Access to a concierge service for property management and adaptation questions in the country. 

Contacts: 

📞 Phone / WhatsApp: +30 698 323 0925 

✉️ E-mail: [email protected]