Decide to buy a property in Crete

Purchasing an overseas property is a major decision for most people - one that should be undertaken only after taking specialist advice and giving it much thought. However, it is reassuring to discover that the process of purchasing property in Greece is very thorough and should give you security and peace of mind - if the proper processes are followed.

The security of your money is obviously of paramount importance. We simply advise you to be sensible. We have heard horror stories of foreigners being offered 'cheap deals' without lawyers or Notary publics, handing over shopping bags full of cash, then being surprised when the vendor or builder disappeared...

You will usually need to pay a 10% deposit to secure the property while legal checks are carried out, but you don't need to transfer the main balance of the purchase price to Greece until we and your lawyer are satisfied with the legal checks. Keep it in a high-interest bank account in your home country until then.

When requested by us or your lawyer, transfer the funds from your home bank account to your Greek bank account (allow 10 elapsed days), or if visiting in person, bring high-denomination traveller's cheques for security and to avoid a lot of signing.

office
Kissamos

phone
+30 28220 22480
fax
+30 28220 22489

mobile
+30 697 445 8179
+30 697 445 8180
+30 693 239 5910

email

post
CCP - PO Box 40
Kissamos 73400 - Greece

Members of the
Chania Estate Agents Association

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