Information for ownersHow to collect his money from a foreign buyer

The legal procedure for buying a property in Greece by a resident abroad is as follows

The law only recognizes the transfer of money from bank to bank. Selling a property with cash without a bank receipt is illegal. The bank from foreign countries must be able to see a notarial deed in order to be able to send the money to the seller's country. So you become a CONFIDENTIAL contract of sale, which is officially translated and signed by the Ministry of Foreign Affairs and sent to the bank by the country of origin of the buyer, then the bank sends the money to the Greek account. The seller with the Credit contract holds the rights of ownership, ie the property belongs to the seller until the money enters his Account. This is always accompanied by a good down payment. For more information, we also have our legal advisors, which makes a safe sales process