Greece
View GREECE on Wikipedia
Capital: Athens
Official Language: Greek
Hellenic Copyright Organization Ministry of Culture
Ms. Irini Stamatoudi
Director
Email: protocol@opi.gr Secretary
info@opi.gr
Telephone: (0030) 213 214 7800
Website: http://www.opi.gr
Address: 5 Metsovou str. 106 82 Athens
Step 1: Status
Ensure legal status of your property is compliant with the new laws regarding selling a property.
Step 2: Valuation
Offer your house at a competitive price following our assessment. We are known for providing up to date, realistic valuations to vendors, not hesitating to turn down listings of overpriced properties. We believe that an overpriced and overexposed property will have an unnecessary handicap in the selling efforts, it will “burn” and ultimately will sell for less than the original valuation.
Step 3: Agency agreement
Book an appointment with to with you the documentation required; a) A copy of your purchase contract or certificate of ownership b) A copy of the license for the property c) A copy of the ‘Horizontal’ if the property is on a shared plot d) Floor plans.
Step 4: Photo shooting
Arrange a visit to your property for a photo shooting
Step 5: Viewings
Be sure to prepare your property before every viewing to present it in the best way possible. Open the windows and be sure to avoid any strong food products prior to a viewing.
Step 6: Negotiation
When you have found a buyer, ensuring that all parties are happy.
Step 7: Pre-agreement with buyer
As soon as the negotiation is complete, prepare a document which outlines the terms of the agreement, including price, deposits, completion date. Both parties must sign this agreement.
Step 8: Closing Costs
The costs associated with selling a property are: capital gains between 5% – 15%, Engineer’s certificate, green certificate, Lawyer’s fees, Estate Agent’s fees
Step 9: Notarial Contract
At this point you will instruct your Lawyer/Notary to arrange the details for the sale. Completion usually takes between 4-6 weeks from the time we have found a buyer
Cross-border Areas
Greek law provides restrictions for the acquisition of property rights in cross border areas of Greece, by individuals or legal entities that are not nationals of the European Union or the European Free Trade Association (“EFTA”). Furthermore, the transfer of shares or the change of partners /shareholders of companies not located in the EU or EFTA that own real estate property in cross-border areas of Greece, is also prohibited. Any such natural or legal persons (that are not nationals of the EU or EFTA) wishing to acquire real estate properties located in cross-border areas, must apply to a special Committee to obtain permission to acquire or rent the real estate property. Any transaction taking place in breach of the above provisions is null and void.
The following areas of Greece are considered as cross-border areas, in which the above restrictions apply: Dodekanisa, Evros, Thesprotia, Kastoria, Kilkis, Lesvos, Xanthi, Preveza, Rodopi, Samos, Florina, Chios, Thira (Santorini), Skiros, as well as certain regions of the areas of Drama, Ioannina, Pella and Serres.
Restrictions are lifted depending, in principle on the legal form of the requested transaction, its monetary value, the exact location or value of the property, and unless national security reasons exist.
Purchase of Islands
Greek law also provides that for a natural or legal person to acquire ownership of or rent a privately-owned island or a property located in a privately-owned island, they must apply for the issuance of a permit by the Minister of Defense. When it comes to public islands, acquisition of ownership is not possible; such islands may only be leased under the same above conditions (prior issuance of a permit by the Minister of Defense).
Source:http://hamdenregionalchamber.com/greece-mykonos-santorini/