Buying property in Crete is a relatively simple and straightforward procedure and our specialist real estate department can help you in every step along the way.
Once you find the property that fits your requirements and wish to proceed with the purchase, there are several steps that should be taken when buying property in Crete.
We are able to offer full assistance during all of these procedures so that everything runs smoothly through the whole buying process.
We will assist you by contacting the seller on your behalf and agreeing the purchase price.
Appoint a Lawyer and Public Notary
You will need a local attorney/lawyer to represent and assist you throughout any purchase of property in Crete. Your lawyer has responsibility to check that all of the documentation is correct and can act on your behalf if you are not here. They will ensure that any property has clear titles, carry out all local authority searches required and prepare all necessary documents for a sale contract.
You will need to sign a Power of attorney to your lawyer to give them the authority to act on your behalf if you don’t plan to be in Crete throughout the buying process.
The lawyer is also responsible for the verification and registration of any new property owners at the public authorities . If required, we can introduce or recommend to you local, reputable, independent, English speaking lawyers experienced in Greek property law.
Your lawyer will arrange that all contracts are registered at a public notary (a government appointed lawyer). All property transfer contracts must be completed in the presence of this public notary according to Greek law and signed by both buyer and seller or their legal representatives.
Open a Local Bank Account
If required, your lawyer can also open a bank account on your behalf in order to make any necessary payment transactions.
Obtain a Tax Registry Number
Anybody buying property in Crete must obtain a personal tax number from the local tax office in order to be able to proceed with any purchase. Your lawyer will apply for this on your behalf.
In addition to the purchase price of your property, you will be required to pay certain other necessary expenses. These include fees payable to your lawyer, government purchase taxes, notary fees and real estate agent commissions.
We will advise you of these amounts in clear detail before you decide to buy a property. Usually, you should allow 9-10% of the agreed sales price to cover all of these expenses.