We Are Homes On Crete

The rather lengthy document below states exactly how we recommend the legal transfer of properties should be handled and paid for. This is the normal process of property completion in Greece.

1. Appoint an English-speaking lawyer.
You will need a lawyer who is familiar with local laws and regulations. They will help you establish the Assessed Tax Value of the property(usually lower than the sale price and relevant to the taxes you will pay).

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. He will execute the contract for the property transaction and calculate the assessed value of the property. The assessed value is usually lower than the actual purchase price. Do note here that the public notary does not represent the interests of either the buyer or vendor.
They are public officials 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 can acquire the official title of the property.