Friday, June 27, 2008

You do not have to be Greek?

Or you do not have to be rich to find your house in Greece?

But besides this slogan please consider the following fees when you are ready to proceed to buy a property in Greece.
Here we are:

* Lawyers fee: You need a lawyer throughout all the procedure for buying a house in Greece. The lawyer should help you to confirm that indeed the house/land is for sale and that all the legal actions have been taken so far for that, while he/she should advice you for a number of issues like: taxes, registration of the property to the public records and to prepare the needed contracts. At the most of times, the contracts should be bilingual. One for an official use and one for your use.
* Notary fee: Notary by no way is related with the Lawyer. This is something different and you will need definitely to pay for this service as well. The rate of this fee is not fixed as well.
* Land registry fee: Another public based tax, for registering the land as your property to the local authorities. The fee is not fixed and depends on the value of the property and land.
* Agent fees: I am sure that you knew that already! The agent fee is not fixed and depends on the agency that you are collaborating with.

Of course there are some other fees that you will need to consider but definitely the ones discussed above are the major ones.

We hope that we gave you an idea about the first expenses. We will post again regarding some other issues when you buy a house in Greece.

Ciao for now,
Properties Cyclades

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