Buying Property In Greece, WHAT TO KEEP IN MIND
The Greek real estate market has gained quite a lot of buzz in recent years. More and more foreigners continue to look into investing in a home-away-from-home, especially in the center and south coast of Athens, and on the Greek islands.
Here are some useful Hints and Tips for what to keep in mind when buying property in Greece:
Be sure to check out neighborhoods
If you are looking for that perfect Greek property to invest in, explore your options. Walk and/or drive around the neighborhoods you're interested in on a weekday at daytime and in the evening. While articles and the internet are a great resource to begin with, explore the neighborhoods to get the city-vibe.
Be flexible when buying
If you're a potential buyer, make a list but be flexible! When buying, keep three things in mind: location/view - sq.meters/area - price but be open to other options. Exploring property in bordering areas for a better price and opting larger-sized units for smaller-sized ones for a better view are a few examples.
Keep additional costs in mind
Aside from the actual purchase price of the property, there are always additional costs so be sure to budget!
Consult a Greek property professional
Between your limited stay and squeezing in tours and beach time, you may want to seek advise when looking for your dream Greek property. If you need help making up your mind on where or what to buy or need additional information of the process involved and the after-costs or simply want to get the gist of the market, we can help you.
How we can help with your Greek property needs. We consult, design and construct. As a boutique property firm, our turn-key services cater to non-Greeks and diaspora Greeks, always based on your individual needs and the unique characteristics of your property. With over 25 years of hands-on local experience, we are highly versed in property laws and know how to efficiently navigate the Greek system. We are about providing a trustworthy and professional service for everything property related in Greece.