Protect Yourself in Greece – Have Legal Assistance While Buying Properties
Posted by | Posted in For Sale, Home Buyers, Real Estate & Properties | Posted on 17-11-2008
There was a time when buying properties in Greece either in the mainland or in the islands like Kalimnos you should be careful about walking into a trap carefully laid by some unscrupulous trade who is trying to cheat you of your hard earned money. Home financing facilities are now available in Greece even for the foreigners who can establish their identities beyond reasonable doubts. So there is no reason for you to carry a suitcase full of money to a foreign land to buy house or any other property.
Some of the areas in the country are considered border areas. If you belong to some other country, you require permission of the authorities to buy land there. A few purchasers try to bypass the law by taking a Greek partner while buying the properties. You need permission to buy properties in places like Zakinthos, Lesvos, Chios, Samos etc.
Legally you require an attorney in Greece if the property that you are going to acquire there costs over 12,000 euros in the rural area and 30,000 euros in urban areas. This is also essential for the protection of your interest because you may buy a property only to find that there are fifteen other co-sharers having claim over the same property. Sometimes problems arise if the Archaeology department has declared the house for sale as state monument. The lawyer will make the research for you and protect your interest in all such cases.
