Foreign residents can apply for financing to purchase property in Greece, but Greek banks will assess both the borrower and the property before approving and completing a mortgage.What Documents Will the Bank Ask For?The exact documentation depends on the bank and whether the applicant lives in Greece or abroad, but banks generally want evidence of:•

Buying property in Greece can take time, particularly when an older property has planning, cadastral or technical issues that must be resolved before the sale.For this reason, international buyers should avoid assuming that finding the property means the transaction can be completed immediately.Step 1: Obtain a Greek Tax NumberA buyer needs a Greek AFM (Tax

Buying a property in Greece involves more than agreeing on a purchase price. Foreign buyers should understand the taxes, professional fees and registration costs involved before deciding on their total budget. Property Transfer Tax in GreeceAs a general rule, the buyer pays property transfer tax before the purchase contract is signed.The standard property transfer tax