Once you find the house that suits you , and you decide to proceed with a purchase, you will then need to follow these basic steps:

1. APPOINT A LAWYER

The Buyer must appoint an attorney to assist him with and represent in the process. Our company can either provide you with a list of reputable real estate attorneys here in Greece or inmediately assign one for you. subject to your consent.

2. APPOINT A PUBLIC NOTARY

A Public Notary must be appointed since any property purchase agreement, in order to be valid, must be done in the presence of a public notary. The PN does not represent the interests of the Buyer. (S)He is a public official in the presence of whom the contract is read, understood by both parities and signed. The notary drafts the contract and is responsible for the verification and registration of the transaction in the public records, so that the buyer acquires the official title of the property. Our company can either propose a number of notaries for the buyer to select or inmediately assign the one responsible for the contracts of a specific project, subject to your consent.

3. GET A COPY OF THE TITLE DEED AND PERFORM A LITLE SEARCH AT THE REGISTRY OF MORTGAGES

The buyer must obtain the contract deed (title) held by the vendor. This can be done with the help of the lawyer. It is then the lawyer,s obligation to search the title deed at the registry of mortgages. The search must be carried out in order to secure that:
- The vendor holds the absolute deed of the property.
- The property is unencumbered
.All property taxes burdening the vendorhave been paid. The construction was completed in accordance to all planing and building permissions.
Only if the title deed is secure should the buyer proceed to contract.

4. ISSUE A FAX REGISTRY NUMBER

A fax registry number must be issued for the buyer, to be able to proceed with any transaction. The fax registry number is applied for and issued by the Inland Revenue Service.

5. PAY THE TRANSFER TAX

The transfer must be paid to the local Inland Revenue Service by the buyer prior to signing the contract. This can be done with the aid of the attorney.

6. SIGNING THE CONTRACT

In order to have a valid contact, it must be signed in the presence of a public notary. When the contract is signed, the notary registers the transaction at the local registry of mortgages.

7. EFFECT TRANSFER AT THE REGISTRY OF MORTGAGES

The buyer´s attorney makes sure that the title is transferred to the buyer´s name by obtaining the relevant certificate from the Registry of Mortgages.