Greek Property Purchase Costs: Beyond the Asking Price
Build an itemised purchase budget before reserving a home. Tax and professional costs depend on the transaction and services required.
Which costs are additional to the price?
Include applicable tax, notary, registration, legal and technical work, translations and bank charges. Request separate quotations for Golden Visa and family applications.
When is property transfer tax paid?
For a transfer-tax transaction, the declaration and payment are completed before the sale contract is signed. Confirm the exact process and amount with the notary.
Can I use one fixed percentage for every purchase?
A broad estimate is only a starting point. Ask for transaction-specific figures, including VAT on services and any exceptional registration or technical costs.
How should I compare professional quotations?
Compare the included work, taxes, expenses, payment stages and exclusions. Keep a contingency for issues found during legal or engineering checks.
Sources and Further Reading
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