There are a number of steps and statutory checks that have to be carried out before a property purchase can be successfully completed. Your lawyer must know these, and only advise you to go ahead when they are satisfied with the checks. A further safeguard exists in the form of the Notary Public, who will not proceed unless all is satisfactory.

Most of the taxes and legal fees are based on the "objective value" of the property. This is the tax authorities' assessment of the value of the property.

However, it is a long-standing tradition in Greece, to reduce the declared value of properties to minimise fees and taxes. The objective value is usually significantly less than the purchase price, and is finalised by negotiations between the tax authorities and the purchaser, or their lawyer or Notary Public.

address
Kampouri 4
Kissamos 73400
Greece

phone/fax
+30 28220 22585

mobile
+30 697 445 8179
+30 697 445 8180

email

post
CPH - PO Box 2
Kissamos 73400 Greece

Members of the
Chania Estate Agents Association

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