Halkidiki Real Estate: 2014

Here is some advice and recommendations for foreign buyers interested in purchasing a property in Halkidiki.

Firstly, the potential buyer should find a real estate agency, which specializes in properties for sale in Halkidiki. It is advisable to find a local real estate agency actually based in Halkidiki because their knowledge of the area and local connections will undoubtedly result in a smoother process and all round better experience.

After identifying a reputable real estate agency the potential buyer should arrange a meeting to discuss their needs and describe the ideal property they are looking to buy.

When they find a property during subsequent viewings they wish to proceed with and purchase, they need to be able to provide some official documents in order to complete the contract.

The first requirement is to visit the central tax office with their passport or ID and apply for a Greek tax number. The Greek tax number is mandatory for everyone who proposes to buy a property in Greece and for opening up a Greek bank account.

After obtaining a tax number they need to open an account in a Greek national bank. The necessary documents to open a Greek bank account include:

Passport or ID
Greek tax number
A utility bill to show proof of permanent address
Proof of annual income
A letter to confirm proof of employment

All the above documents must be officially stamped and the last three must be translated into Greek by an official interpreter and stapled together with the originals.

Obtaining a Greek tax number and opening a bank account is an easy process and can be completed in just a few hours. Afterwards the potential buyer must transfer funds from their country to the Greek bank account to cover all expenses including the property tax and then they are ready for the final stage to sign the contract!

We believe that the purchase of a property in Halkidiki is a straight forward procedure with next to no risk and we would be happy to answer any further related questions. You can find our contact details at Halkidiki real estate.

Don't hesitate to contact us!