5. Payment for real estate
In most cases, payment is made during the signing of the purchase and sale agreement. In this case, the buyer first opens an account in a Greek bank, transfers money to the bank, writes out a check immediately before signing the agreement and gives it to the seller in the presence of a
notary. Payment may also be made by direct bank transfer from the buyer’s account (from a bank in any country) to the seller’s account.
6. Signing the purchase and sale agreement
Once done with all the formalities, you will need to sign the purchase and sales agreement and pay the rest of the sum (payment by installments is also possible). From this moment on, the real estate object and the land it belongs to become the buyer’s property. Following signature, the contract will be recorded in the appropriate register of the Register Office.
Registration of the deal usually takes three weeks and is a formal procedure. There are two documents that confirm the ownership:
1) the purchase and sale agreement
2) certificate of registration of the agreement in the Register Office.
To draw up a sales contract in Greece, regardless of citizenship, you will need
2) Greek tax number (drawn up in Greece within 15 minutes. To pay for real estate.