Greece is a member of the E.U.and all members of the European Union are free to live, work and purchase property within the E.U. If you are a citizen of the E.U. you are then permitted to purchase property in Greece.
Once you have negotiated a price on your new property, both parties sign a pre contract which indicates price, property location and date for the closing of sale. An agreed deposit is paid at this time as well. Now that you already have signed a pre contract on your new property and have placed a binder you will need a surveyor, a lawyer and a public notary.
From the time that the pre contract is signed, up to the date that the final closing is set, your lawyer and surveyor will run all checks on the land or property ensuring there are no liens, confirm what can or cannot be built on it and obtain all required permits including the forestry permit. There is a 500 Euro non refundable fee for the above services.
Buyers need a TAX registration number. To obtain a Greek TAX ID number an (AFM) a photocopy of the buyer's passport is needed. One TAX ID for every individual who is included in the contract.
Peterson's usually recommend that the buyer gives power of attorney to a lawyer or someone you know and turst who can represent you for all public services, open a bank account and deal with your bank regarding any loan that is required and for the final signing of the contract.
Taxes to the Greek government must be paid prior to closing of title. The taxes will be paid to the tax office based on a percentage of the assessed value. The final contract is signed by both parties and is then registered with the Land Registry office.
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