Buying a resale: Financing

Unlike buying an Off Plan property buying a resale is much quicker, completion is approximately six to ten weeks. Here in Greece there is no exchange of contracts as such once your lawyer has completed all the searches, the taxes have been paid and the purchase financing or transfer of funds has been arranged and executed, the Buyer,Seller and both parties legal representatives all meet in the Office of the Notary Public and the Greek Contract is signed before the Notary, you will need your Blue Card and tax number. You do not need to be present if you have granted POA to your Lawyer.

How much deposit can I expect to pay and when will I need to pay it?

When buying a resale property it is usual to pay a deposit of 10% upon signing of the Pre Contract as well as the security/ reservation fee of 2,000-5000 Euros paid to secure and remove the plot from the market. The remainder of the purchase balance is due at completion/signing of the Greek contract.

Easy Financing with Lindian Trust

At Lindian Trust we can assist and advise you with all your financing requirements, whether you are looking to finance the majority of your purchase here in Greece and take advantage of notoriously lower interest rates or way not let us take care of releasing equity from your UK home. We use major Greek Banks and well known UK financers to ensure that the interest rates we can offer to you are the best market can offer.