1. Build Your Independent Team
Hire an independent lawyer, accountant, and notary — not connected to the seller or agent — to handle contracts, taxes, and due diligence.
2. Prepare Financially in Advance
Open a Greek bank account, get an AFM (Greek tax number), and have your funds ready inside Greece before you start buying.
3. Search Widely and Carefully
Look online, visit local agents, drive around, or deal directly with developers — but always find the property yourself to avoid inflated prices. The real tip here is that the best deals are found off Spitogatos or online platforms. You need to be on the ground and in person to find the real deals.
4. Inspect the Property’s True Condition
Prefer newer builds (post-2000). Older properties can have earthquake risks, poor insulation, and insurance difficulties. Confirm all utilities (water, heating) are independent.
5. Avoid Scams and Empty Promises
Buy only what you see (finished work, registered permits). Don’t trust verbal promises or half-finished projects. Always check for debts tied to the property.
6. Understand the Purchase Process and Costs
Negotiate hard (aim for 20–30% discount), place a 10% deposit (deducted from the final price), and budget for taxes (~3%) and legal fees (~2.5%). Register the property and utilities afterward, and pay the annual ENFIA tax.
Alternatively, reach out to us and we’ll do it all for you 🙂 Let’s go!
