1- What are the total costs for purchasing or selling a property?
Purchase costs are approximately 10% on top of the purchase price including all taxes/fees/VAT of all the proffesionals involved, such as Lawyer, Notary, Land Registrar, Engineer, Estate Agent
Sales costs are approximately 5% o top of the sales price
2- What is the likely timeline for purchasing/selling a property?
It's approximately 8 weeks, always depending on the other contracting party as well.
3- Is it acceptable to receive the proceeds of the sale into my bank account overseas?
Yes, it is.
4- How can I open a Greek bank account, change utiltiies and arrange direct debits?
Our firm deals with all of these, on a power of attorney.
5- Are all legal services covered by any proffesioanl indemnity insurance?
Yes, our firm's services to our clients are covered by ETHNIKI INSURANCE, the biggest one in Greece.
6- How long it takes before the Golden Visa is granted?
It usually takes 8 weeks after the purchase contrcat is signed.
7- Can i revoke a power of attorney already signed?
A power of attorney can be revoked anytime during the process.
8- At which point I need to pay legal fees?
all legal fees are paid on completion (property purchase/sale) of the process.
9- Do I have to deposit a minimum amount in my new Greek Bank account?
No, it is not necessary.
We can help with any case you might have related to real estate