This guide will help you understand the property purchasing process in Greece. It provides a clear, practical overview of the typical steps involved, expected costs, realistic timelines, and important considerations when buying property in Greece.
• Initial enquiry and discussion of requirements, budget, and intended use.
• Property selection with guidance on suitable areas and realistic pricing.
• Legal due diligence carried out by an independent Greek lawyer.
• Offer agreement and, where appropriate, a preliminary or reservation agreement.
• Final contracts signed before a notary and completion of ownership transfer.
In addition to the agreed purchase price, foreign buyers should typically budget approximately 8-12% to cover associated costs. These may include:
• Property transfer tax
• Legal fees
• Notary fees
• Land registry fees
• Engineering and technical checks (where required)
The purchasing process usually takes between 6 and 10 weeks, depending on the complexity of legal checks, documentation, and individual circumstances.
• Independent legal representation is essential and strongly recommended.
• Due diligence protects the buyer and should never be rushed.
• Not all available properties are publicly advertised.
• Clear documentation and professional advice are critical to a secure purchase.
Skiathos Real Estate provides clear explanations, local insight, and careful coordination with trusted independent professionals. Our role is to help foreign buyers make informed, confident decisions in a calm, transparent, and professional manner.
Brexit Considerations
For UK buyers, it is important to know that Brexit does not prevent property ownership in Greece. UK nationals can still purchase property and own it outright. The main changes affect travel logistics and residency rights, but property ownership and the ability to buy remain fully legal. Our team provides up-to-date guidance on any regulatory or travel considerations, ensuring a smooth and confident buying experience for UK clients.
This guide is provided for general information only and does not constitute legal or financial advice. Independent professional advice should always be sought before proceeding with any property purchase in Greece.