APPOINT A LAWYER TO REPRESENT YOU - As in any other EU country you will need to appoint a lawyer. They check every aspect of the ownership title of the property, and ensure that there are no legal claims against the property or the sellers. We can recommend experienced lawyers, fluent in your language to work on your behalf.
APPOINT A NOTARY - Your lawyer will appoint a notary to prepare the final Contracts for the purchase. This is a government official who checks all the documents prepared by your lawyer to ensure the total legality of the property transfer.
OBTAIN A GREEK TAX NUMBER (AFM) - If you make a Power of Attorney your lawyer will be able to obtain a Greek Tax no. on your behalf and sign the final contract if you cannot attend the signing in person. The Tax No. is obligatory for all buyers, and is issued from the Tax Office.
OPEN A GREEK BANK ACCOUNT – you will need:
Your Greek Tax Number.
A copy of your passport.
A document verifying your residential home address – drivers licence, council tax bills, utility bills etc.
A document establishing that you pay tax in your home country – wage slip, or company accounts if you are self employed.
SIGN AN INITIAL AGREEMENT – this will be prepared by your lawyer and will outline all the terms and conditions of the purchase.
PAY A DEPOSIT - this is usually 10% and is paid in order for your chosen property to be removed from the market. This is held in our Client Trust Account and forms part of the funds at final contract completion.
FINAL COMPLETION – for this either you can return to sign personally, or you can leave a Power of Attorney with your lawyer to sign on your behalf. They will also be responsible for paying all fees and taxes which are due at this time.
ADDITIONAL EXPENSES – these vary for each property but you should allow in the region of 12% in addition to the price of the property. This includes - Purchase Tax, Lawyers fees, Notary's fees and Agency Fees.
FINANCE – it is currently very difficult to obtain a mortgage in Greece, although occasionally it is possible. Most buyers choose to raise finance based on property they currently own in their home countries.
BUYING REGULATIONS - are now the same for Greek nationals, EU citizens and non EU citizens.
RESIDENCE PERMITS - you will not need to obtain a residence permit before you buy your property, but if you are planning to buy a car or motor bike you will need one.
Order of results
Time on Market
Long Term Rental Property
If you are planning to move to Corfu and would like to
consider a residential rental, contact our associate company, Corfu Home Rentals who offer a comprehensive rental service.
"The team have an extensive knowledge of all things Corfiot. They share helpful advice and guide and assist in every aspect of the buying process. They work hard to achieve great results, above the call of duty in some instances - a property that fits your brief, always with a smile which makes a really big difference! House viewings require time, a sense of humour, sensible shoes, a very open mind and vision of potential.
A year on they are always happy to answer ANY question, of which I seem to have an unending supply. This personal service really does make the purchasing experience with Corfu Homefinders such an enjoyable journey. To find such a competent, organised, reliable and above all genuinely friendly team is paramount."
Carrie Morris, Gardelades.
An off-plan project by well-known local developers, Sunshine Bungalow is planned as a two-bedroom home with a large living area. A buyer at this stage can choose his/her own fixtures and fittings, colour schemes and even the configuration of the rooms.
KAISER'S BRIDGE APARTMENTS, Perama
Price 295 000€
Standing above the road, near to Kaiser's Bridge, this holiday home is presently divided into four separate apartments with a shared swimming pool. There are excellent sea views from all three floors.
BIRD'S EYE VIEW, Lakones
Price 700 000€
The view from this house truly takes your breath away! A large house, with views from every level, presently divided into two separate apartments.
KLEO'S HOUSE, Analipsis, Kato Korakiana
Price 220 000€
In a lovely quiet spot, at the end of a no-through road, this building is surrounded by trees and its own substantial garden, and is in need of some minor renovation work.
Presently divided into three apartments, it would also be possible to turn it into one large house or two substantial apartments.
We regularly update our featured property list - please keep looking!