Procedures of property purchase in Greece  To purchase a property in Greece, one should take the following steps: ·         Issue a Greek tax ID. Tax office will only ask for a passport copy and a form of personal particulars. ·         Appoint a lawyer to examine legal and technical documents of the property. ·         Having done the above, contracts are prepared by lawyers and are handed to a notary public to be checked and signed by vendors and purchasers. ·         To conclude the purchase, notary public submits the signed contracts to the Greek "land and property registry office". Greek law requires all contracts to be in Greek, but they can also be officially translated in English or any other language.If required, ProperCRETE can introduce purchasers to lawyers and provide assistance at all steps of purchase procedure. In case purchasers wish to avoid paperwork or conclude purchase without their physical presence, their lawyer can be authorised with a power of attorney to issue tax ID, open bank account, arrange payments and sign all documentary on their behalf.  Taxes Taxes and legal expenses on property purchase are as follows: According to latest Greek legislation, all new-built property purchases are subject to VAT at 23% on the contract value. New built properties are considered all properties built after 2006.  For further information, please contact us.

Click on the link below to download the personal particulars form in word (.doc) format. personal particulars form           Mortgages in GreeceIn case purchasers wish to apply for mortgages to a Greek Bank, ProperCRETE can provide assistance and professional advice. The procedures are relatively simple and do not require the applicant’s physical presence. An attorney at law can be appointed to represent the applicant for the whole procedure of the mortgage loan (as well as the procedure of the purchase). To apply for mortgage to a Greek bank, required documents usually are: Bank application form. A valid passport. For employed applicants: Copies of the last two years' tax return slips issued by the Tax authorities of the applicant’s country of residence and copies of the most recent salary slips. For self employed applicants: Copies of the last three years' tax return slips issued by the Tax authorities of the applicant’s country of residence. Some banks may ask that the above copies are translated in Greek by the Greek embassy  in applicants country.After the loan application is approved, and before disbursement, copies of the purchase contract and property documentation are required.  The property documentation (planning permission, drawings etc) are forwarded to the bank by ProperCRETE. The loan disbursement will take place only after all required documentation and respective collateral have been checked and found to be in order.  For further information on mortgages you can contact us or visit the following links of major Greek banks (in English language):   Emporiki Bank Piraeus Bank Bank of Cyprus