Representation in a Commercial Property Purchase Contract

Details

In recent years, there is a growing investment interest from both Greeks and foreigners to buy real estate in Greece because Greece has very good climatic conditions, low cost of living, excellent quality of life, rich history and culture and all the necessary infrastructure for the attraction of Greek and foreign buyers in the market of main and holiday homes. We undertake Greeks, foreigners and Greek expatriates abroad as well as Real Estate companies in terms of buying and selling and investing in real estate in Greece.

It is worth noting that according to the international rating agency Fitch, the inflow of foreign capital from real estate sales in 2013 reached 168 million Euros, an amount which is about 50% above the same figures for 2012. In this context, there is strong demand for Holiday homes in Greece not only by residents of the European Union but also by Chinese and Russians, who seek to benefit from obtaining a residence permit granted to investors who invest at least 250,000 Euros in real estate. In addition, from January 2014, the transfer tax for buyers was reduced from 11% to 3%.

Our team provides a complete package of services regarding the purchase and management of real estate. We work with real estate agents, notaries, engineers and accountants in order to provide a secure trading environment and absolute transparency, both during the negotiation stage and during the legal and technical control for the purchase and sale, as well as full legal coverage after the transfer is completed. The steps of a typical real estate transaction can be summarized as follows:

Information on the steps and the cost of the sale

Power of attorney

Legal due diligence at the Land Registry

Pre-agreement

Transfer tax payment

Sign a final contract and

Registration in the Land Registry/ Mortgage Office of the place of the property.

The service of representation in a real estate purchase contract includes the provision of legal services and control of the required supporting documents and documents for the signing of the final contract of sale and purchase of the real estate and the representation before a Notary for the completion of its transfer. For the more complete arrangement of this service, it is proposed the selection of our individual services, due diligence of property titles, preparation of a property purchase plan and registration of property titles.

If you are interested in this service, please contact us to inform you about the required documents, as well as about our fee and the amount of the promissory note of the Bar Association, which is adjusted depending on the amount of value of the property listed in the contract, so that the exact amount of the requested service is sent to you and this product is selected in your cart for payment.