{"id":18169,"date":"2016-11-04T17:18:31","date_gmt":"2016-11-04T17:18:31","guid":{"rendered":"http:\/\/sek-har.com\/?page_id=18169"},"modified":"2017-11-28T08:57:42","modified_gmt":"2017-11-28T08:57:42","slug":"frequently-asked-questions","status":"publish","type":"page","link":"https:\/\/sek.gr\/en\/buying-in-greece\/frequently-asked-questions\/","title":{"rendered":"Frequently Asked Questions"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]<\/p>\n<div class=\"page-header\">\n<h2 style=\"text-align: center;\">Frequently Asked Questions<\/h2>\n<\/div>\n<div><\/div>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]The property market in Greece is fairly straightforward. According to the Law, foreigners regardless of nationality, can buy properties in most locations. Property buying restrictions apply only in border areas (East Aegean, Dodecanese Islands, regions of northern Greece, Crete, Rhodes) for citizens of countries outside the European Union who have to apply to the Prefecture Council for a buying and selling license, which is provided after a background security check of the applicant.<\/p>\n<p>Prerequisite documents to purchase property in border areas for citizens of countries outside the European Union, can be found <a href=\"https:\/\/sek.gr\/en\/buying-in-greece\/purchase-of-property-in-greek-border-areas\/\">here<\/a>.<\/p>\n<p>The <a href=\"http:\/\/eur-lex.europa.eu\/legal-content\/EN\/TXT\/HTML\/?uri=URISERV:l14573&amp;from=EL\">Blue Card<\/a> is a simple process for EU Nationals who wish to purchase a property in a border area, involving an application filed by either you or lawyer.<\/p>\n<p>Most properties in Greece have no time limit on the period of ownership (\u00abFreehold ownership\u00bb). Most parts of the country are officially recorded in the <a href=\"http:\/\/www.ktimatologio.gr\/sites\/en\/Pages\/Default.aspx\">Cadaster.<\/a><\/p>\n<p>Properties and building in Greece are designed and built based on the European standards and regulations regarding earthquake-resistant construction.<\/p>\n<p>The purchase process is usually completed in 6-8 weeks.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_toggle title=&#8221;Are there any restrictions for foreigners buying property in Greece?&#8221; open=&#8221;true&#8221; el_id=&#8221;1478279664686-cd487569-6d86&#8243;]<\/p>\n<ul>\n<li><span style=\"text-decoration: underline;\"><span xml:lang=\"EN-US\">As<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN-US\">a<\/span><span xml:lang=\"EN-US\">n<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN-US\">EU\u00a0<\/span><\/span><span xml:lang=\"EN-US\"><span style=\"text-decoration: underline;\">Citizen<\/span>, in case you wish to purchase\u00a0<\/span><span xml:lang=\"EN-US\">a\u00a0<\/span><span xml:lang=\"EN-US\">property in\u00a0<\/span><span xml:lang=\"EN-US\">a\u00a0<\/span><span xml:lang=\"EN-US\">border area (East Aegean, Dodecanese Islands, regions of northern Greece, Crete, Rhodes), issuing a temporary residence permit (Blue Card) is\u00a0<\/span><span xml:lang=\"EN-US\">required<\/span><span xml:lang=\"EN-US\">.\u00a0<\/span><span xml:lang=\"EN-US\">The application may be\u00a0<\/span><span xml:lang=\"EN-US\">submitted\u00a0<\/span><span xml:lang=\"EN-US\">by you<\/span><span xml:lang=\"EN-US\">rself<\/span><span xml:lang=\"EN-US\">\u00a0or\u00a0<\/span><span xml:lang=\"EN-US\">an authorized\u00a0<\/span><span xml:lang=\"EN-US\">lawyer\u00a0<\/span><span xml:lang=\"EN-US\">a<\/span><span xml:lang=\"EN-US\">t the local police station<\/span><span xml:lang=\"EN-US\">. The\u00a0<\/span><a href=\"file:\/\/\/(http\/::eur-lex.europa.eu:legal-content:EL:TXT:%3Furi=URISERV\/l14573)\"><span xml:lang=\"EN-US\">Blue<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN-US\">Card<\/span><\/a><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN-US\">is a standard procedure for all EU nationals.<\/span><\/li>\n<li><span style=\"text-decoration: underline;\"><span xml:lang=\"EN-US\">As<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN-US\">a non<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN-US\">EU\u00a0<\/span><\/span><span xml:lang=\"EN-US\"><span style=\"text-decoration: underline;\">Citizen<\/span>\u00a0<\/span><span xml:lang=\"EN-US\">restrictions\u00a0<\/span><span xml:lang=\"EN-US\">apply only in border areas (East Aegean, Dodecanese Islands, regions of northern Greece, Crete, Rhodes), according to Law 1892\/1999. To make the purchase, you should contact the\u00a0<\/span><span xml:lang=\"EN-US\">local\u00a0<\/span><span xml:lang=\"EN-US\">Prefecture Council to issue\u00a0<\/span><span xml:lang=\"EN-US\">a purchase\u00a0<\/span><span xml:lang=\"EN-US\">permit<\/span><span xml:lang=\"EN-US\">.\u00a0<\/span><span xml:lang=\"EN-US\">Please note that\u00a0<\/span><span xml:lang=\"EN-US\">the\u00a0<\/span><span xml:lang=\"EN-US\">permit\u00a0<\/span><span xml:lang=\"EN-US\">will be issued following a background security check on the applicant<\/span><span xml:lang=\"EN-US\">. Prerequisite<\/span><span xml:lang=\"EN-US\">\u00a0documents to purchase property in border areas for citizens of countries outside the European Union, can be found\u00a0<\/span><a href=\"https:\/\/sek.gr\/en\/buying-in-greece\/purchase-of-property-in-greek-border-areas\/\"><span xml:lang=\"EN-US\">here<\/span><\/a><span xml:lang=\"EN-US\">.<\/span><\/li>\n<li><span xml:lang=\"EN-US\">To purchase property in other regions of Greece, you do not need\u00a0<\/span><span xml:lang=\"EN-US\">any\u00a0<\/span><span xml:lang=\"EN-US\">special permission.<\/span><\/li>\n<\/ul>\n<p>[\/vc_toggle][vc_toggle title=&#8221;Which steps should I follow when buying a property in Greece? &#8221; el_id=&#8221;1478279703196-20879ba2-dea3&#8243;]<span xml:lang=\"EN-US\">Please follow the\u00a0<\/span><span xml:lang=\"EN-US\">following\u00a0<\/span><span xml:lang=\"EN-US\">steps when buying\u00a0<\/span><span xml:lang=\"EN-US\">a\u00a0<\/span><span xml:lang=\"EN-US\">property in Greece:<\/span><\/p>\n<div>\n<h5>1. Select the property using professional advice from a Certified Real Estate Agent \/ Realtor\u00ae<\/h5>\n<p><span style=\"text-decoration: underline;\"><strong>Real Estate Agent<\/strong><\/span> &#8211; A correct and targeted research is very important to find your ideal property. To ensure professional service refer to a certified Real Estate Agent. The members of the Hellenic Association of Realtors\u00ae, HAR have extensive experience and are internationally certified, with the ability to guide you throughout the buying process, from finding the property up to signing the Contract. \u00a0<a href=\"https:\/\/sek.gr\/en\/agents-search\/\">Search an agent here<\/a>.<\/p>\n<h5>2. Hire a Lawyer, Notary, Civil \u0395ngineer\/Architect and Accountant.<\/h5>\n<ul>\n<li><span style=\"text-decoration: underline;\"><strong>Lawyer<\/strong><\/span> &#8211; The lawyer will do a legal due diligence. This involves checking the property deeds for the past 20 years (previous owners, if it is mortgaged, if there are pending legal proceedings, claims, expropriations or any other legal obstacles). This process is done at the Cadaster or the Land Deed Registry.For affiliated Law offices please contact us<span xml:lang=\"EN-US\">.<\/span><\/li>\n<li><span style=\"text-decoration: underline;\"><strong>Architect \/ Civil Engineer<\/strong><\/span> &#8211; performs the Technical inspection to confirm that the property is located within the town\/city plan, is constructed according to city planning requirements, its construction permit, quality of materials, etc. For land and plots (with or without building), a check of the topographical diagram which includes the property area, building coefficient (sqm.), approvals of the Archaeology and Forest Service, any specific land uses such as seashore, habitat.For affiliated Architects and Civil Engineers please contact us.<\/li>\n<li><span style=\"text-decoration: underline;\"><strong>Notary<\/strong><\/span> &#8211; The Notary conducts and certifies all transactions, ensuring proper legal transfer of the property, compiles and reviews all official documents.For affiliated Notary offices please contact us.<\/li>\n<li><span style=\"text-decoration: underline;\"><strong>Chartered Accountant<\/strong><\/span> &#8211; will assist with the Tax ID issuing, fill tax forms and will explain the Property Tax laws.For affiliated Chartered Accountants please contact us<span id=\"cloak76437\"><\/span><span xml:lang=\"EN-US\">.<\/span><\/li>\n<\/ul>\n<h5>3. Apply for a Tax Registration Number (AFM)<\/h5>\n<p>The AFM is mandatory for non-residents who purchase real estate in Greece. The Tax Office issues the AFM following your submitting your passport and your birth certificate, either by yourself or by a lawyer or accountant with power of attorney.<\/p>\n<h5>4. Open an account in a Greek bank<\/h5>\n<p>The main prerequisite for foreign residents that wish to do business or to buy property in Greece, is the existence of a bank account; a feat that is considered nearly impossible by many due to the current state of the Greek economy.<\/p>\n<p>Whether a foreign resident wishes to obtain property in Greece or to set up a new company, they must have a Greek bank account that will allow them to transfer money to the seller of the property or a Greek bank account issued in the company name that will facilitate the company&#8217;s transactions, respectively.<\/p>\n<p><span style=\"text-decoration: underline;\">It follows that the most frequently occurring question is whether it is even possible to open a new bank account in Greece because of the current state of the economy and the capital controls; the answer is <strong>Yes<\/strong><\/span>, given that the reason for the creation of the new bank account falls under one of the reasons mentioned above i.e. purchase of Greek property or investment in the Greek market through the creation of a company.<\/p>\n<p>Given that the foreign resident does not file income tax returns in Greece, the Greek bank will request documents from the investor&#8217;s country of residence such as tax returns, a telephone\/ electricity bill that will be used as proof of address, as well as formal proof of occupation in the form of certification or license from the respective employer, professional chamber, board or other kind of governing body, all of which must be certified by the Consulate of Greece in the respective country. In the case that the foreign resident&#8217;s country still abides by the Apostille Convention, the documents may be certified by a notary public and then affixed with the Apostille stamp.<\/p>\n<p>However, due to procedural differences that stem from the variations in the legal systems of countries, in order to acquire the correct documents based on his country of residence, it is advisable that the foreign resident consults the Greek bank in question beforehand, as well as their representing lawyer in Greece.<\/p>\n<p>Additionally, if the documents are acquired in the English language, the Greek bank will accept them in most cases yet, since exceptions may occur, it is suggested that all the documents be officially translated to the Greek language before being submitted to the legal department of the bank for review.<\/p>\n<p>In order to finalize the procedure, the foreign resident must be physically present at a branch of the bank in Greece, having with them their valid passport, in order to sign the necessary documents, provide sample signatures and fill out the form that will allow them to have internet access to their account.<\/p>\n<p>*It should be emphasized that the power of attorney is not sufficient in order to open the account and that the physical presence of the foreign resident is mandatory; the attorney may only assist in the completion of the initial stages of the process of opening a bank account.<\/p>\n<h5>5. Sign the Initial Agreement-to-Buy and pay deposit<\/h5>\n<p>This Initial Agreement-to-Buy (called \u201cEngagement\u201d), contains details of the sale terms and the payment schedule so that the property is withdrawn from the market. The amount of the advance payment equals to 10% of the agreed sale value.<\/p>\n<h5>6. Pay taxes (Property Transfer Tax)<\/h5>\n<p>Before signing the contract, the buyer must pay the Property Transfer Tax (FMA) to the Tax Authority. The FMA is calculated based on the Tax Assessed Value of the property.<\/p>\n<p>For newly built properties (permit issued after 31.12.2005), the FMA is replaced with VAT (23%) on the Tax Assessed Value of the property.<\/p>\n<p>For affiliated Chartered Accountants please contact us.<\/p>\n<h5>7. Sign the Contract<\/h5>\n<p>After the due diligence checks have been completed (usually 2-8 weeks). Alternatively empower your lawyer to sign.<\/p>\n<h5>8. Land Deed Registry, Cadaster and Property Transfer<\/h5>\n<p>After the registration of the contract at the Land Deed Registry, your lawyer should verify that the property has been transferred in your name and get a certificate from the Land Deed Registry.<\/p>\n<p>The Contract and the Land Deed Registry certificate is officially recorded in the Cadaster by the lawyer.<\/p>\n<h5>9. Apply for a Residence Permit (Green Card)<\/h5>\n<p>After buying a property of 250,000 EUR or above, you can obtain a residence permit for you and your family (children up to 18 years).<\/p>\n<\/div>\n<p>[\/vc_toggle][vc_toggle title=&#8221;What are the purchasing costs?&#8221; el_id=&#8221;1478279727505-eb938c3c-17a9&#8243;]<\/p>\n<div>\n<p><span xml:lang=\"EN-US\">FMA (Property Transfer Tax) &#8211; FMA 3% and is calculated by the notary based on the\u00a0<\/span><span xml:lang=\"EN-US\">property\u00a0<\/span><span xml:lang=\"EN-US\">value referred to in the Contract<\/span><span xml:lang=\"EN-US\">, and will\u00a0<\/span><span xml:lang=\"EN-US\">be paid\u00a0<\/span><span xml:lang=\"EN-US\">at the tax office<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN-US\">prior to\u00a0<\/span><span xml:lang=\"EN-US\">signing the\u00a0<\/span><span xml:lang=\"EN-US\">Property Transfer\u00a0<\/span><span xml:lang=\"EN-US\">Contract.\u00a0<\/span><span xml:lang=\"EN-US\">For\u00a0<\/span><span xml:lang=\"EN-US\">newly constructed buildings\u00a0<\/span><span xml:lang=\"EN-US\">if<\/span><span xml:lang=\"EN-US\">\u00a0the construction permit was issued after 31.12.2005, the FMA is converted to 24% VAT.<\/span><\/p>\n<ol>\n<li><span xml:lang=\"EN-US\"><strong>Lawyer<\/strong> &#8211; The lawyer&#8217;s fee amounts to 0.5 &#8211; 2%, calculated on the\u00a0<\/span><span xml:lang=\"EN-US\">property\u00a0<\/span><span xml:lang=\"EN-US\">value.<\/span><\/li>\n<\/ol>\n<\/div>\n<ol start=\"2\">\n<li><span xml:lang=\"EN-US\"><strong>Notary<\/strong> &#8211; Notary costs amount to an average rate of 0.65 &#8211; 1.2%.<\/span><\/li>\n<\/ol>\n<ol start=\"3\">\n<li><strong><span xml:lang=\"EN-US\">Land\u00a0<\/span><span xml:lang=\"EN-US\">Deed\u00a0<\/span><\/strong><span xml:lang=\"EN-US\"><strong>Registry<\/strong> &#8211; The expenses of Land\u00a0<\/span><span xml:lang=\"EN-US\">Deed\u00a0<\/span><span xml:lang=\"EN-US\">Registry amounts to 0.475% of the\u00a0<\/span><span xml:lang=\"EN-US\">Contract\u00a0<\/span><span xml:lang=\"EN-US\">value.<\/span><\/li>\n<\/ol>\n<p>[\/vc_toggle][vc_toggle title=&#8221;Can I apply for a loan in Greece?&#8221; el_id=&#8221;1478279751527-caee0abd-75de&#8221;]Yes, you can get a loan in Greece. The process is similar to that of other European countries. To apply for a loan you need a passport and confirmation of your income for the past 2 years. Please be advised that the full property transfer costs must be paid in advance, prior to the loan disbursement.<\/p>\n<p>If the foreign resident wishes to apply for a mortgage, they are eligible to do so regardless of whether they are an EU resident or not. It should be highlighted that the total value of the mortgage loan cannot exceed 70% of the value of the property, which is determined by the evaluator of the respective bank. For additional information regarding the required documents and eligibility for a mortgage loan, kindly contact us.[\/vc_toggle][vc_toggle title=&#8221;What is the Property \u201cTax Assessed Value\u201d?&#8221; el_id=&#8221;1478279771134-5b94b00e-6436&#8243;]<span xml:lang=\"EN-US\">The\u00a0<\/span><span xml:lang=\"EN-US\">property \u201c<\/span><span xml:lang=\"EN-US\">Tax Assessed<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN-US\">V<\/span><span xml:lang=\"EN-US\">alue<\/span><span xml:lang=\"EN-US\">\u201d<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN-US\">is the Tax Authorities\u2019 valuation of the\u00a0<\/span><span xml:lang=\"EN-US\">property\u00a0<\/span><span xml:lang=\"EN-US\">based on the official Property Index and\u00a0<\/span><span xml:lang=\"EN-US\">expressed in\u00a0<\/span><span xml:lang=\"EN-US\">EUR\u00a0<\/span><span xml:lang=\"EN-US\">per square meter. The\u00a0<\/span><span xml:lang=\"EN-US\">Tax Assessed Values\u00a0<\/span><span xml:lang=\"EN-US\">are\u00a0<\/span><span xml:lang=\"EN-US\">issued by the Ministry of Finance and vary depending on the location of the property<\/span><span xml:lang=\"EN-US\">, age, etc<\/span><span xml:lang=\"EN-US\">.<\/span>[\/vc_toggle][vc_toggle title=&#8221;Am I obliged to pay the Annual Property Tax?&#8221; el_id=&#8221;1478279811653-fe0b3dc1-581a&#8221;]The Real Estate Property Tax (ENFIA in Greek) is compulsory for all property owners.<\/p>\n<p>Please contact us for more details.[\/vc_toggle][vc_toggle title=&#8221;As a property owner in Greece am I obliged to pay taxes each year?&#8221;]<\/p>\n<div>\n<p><span xml:lang=\"EN-US\">According to Greek Law<\/span><span xml:lang=\"EN-US\">, all property<\/span><span xml:lang=\"EN-US\">\u00a0owners<\/span><span xml:lang=\"EN-US\">\u00a0must\u00a0<\/span><span xml:lang=\"EN-US\">file the tax form E9\u00a0<\/span><span xml:lang=\"EN-US\">each year\u00a0<\/span><span xml:lang=\"EN-US\">and\u00a0<\/span><span xml:lang=\"EN-US\">submit it\u00a0<\/span><span xml:lang=\"EN-US\">to the Tax Authorities\u00a0<\/span><span xml:lang=\"EN-US\">ele<\/span><span xml:lang=\"EN-US\">ctronically together with the i<\/span><span xml:lang=\"EN-US\">ncome tax\u00a0<\/span><span xml:lang=\"EN-US\">form\u00a0<\/span><span xml:lang=\"EN-US\">E1<\/span><span xml:lang=\"EN-US\">\u00a0(both\u00a0<\/span><span xml:lang=\"EN-US\">E9 &amp; E1\u00a0<\/span><span xml:lang=\"EN-US\">are\u00a0<\/span><span xml:lang=\"EN-US\">mandatory<\/span><span xml:lang=\"EN-US\">)<\/span><span xml:lang=\"EN-US\">. If you have no income in Greece\u00a0<\/span><span xml:lang=\"EN-US\">you will\u00a0<\/span><span xml:lang=\"EN-US\">fill\u00a0<\/span><span xml:lang=\"EN-US\">&#8220;0&#8221; (zero)\u00a0<\/span><span xml:lang=\"EN-US\">in E1\u00a0<\/span><span xml:lang=\"EN-US\">income\u00a0<\/span><span xml:lang=\"EN-US\">tax form.<\/span><\/p>\n<\/div>\n<div>\n<p><span xml:lang=\"EN-US\">Your accountant \/ lawyer can file and submit E9 &amp; E1.<\/span><\/p>\n<\/div>\n<p>[\/vc_toggle][vc_toggle title=&#8221;If I sell a property do I have to pay Capital Gains Tax?&#8221; el_id=&#8221;1478279836472-0e0a20a5-357a&#8221;]<span xml:lang=\"EN-US\">No,\u00a0<\/span><span xml:lang=\"EN-US\">Capital Gains Tax does not exist in Greece at the moment.<\/span>[\/vc_toggle][vc_toggle title=&#8221;What are the consequences of reneging The Agreement-to-buy?&#8221; el_id=&#8221;1478279857477-930624e4-0646&#8243;]<\/p>\n<div>\n<div>\n<p><span xml:lang=\"EN-US\">There are\u00a0<\/span><strong><span xml:lang=\"EN-US\">three<\/span><span xml:lang=\"EN-US\">\u00a0different cases<\/span><\/strong><span xml:lang=\"EN-US\">\u00a0when reneging\u00a0<\/span><span xml:lang=\"EN-US\">a signed\u00a0<\/span><span xml:lang=\"EN-US\">Agreement<\/span><span xml:lang=\"EN-US\">-to-buy (assuming the deposit has been paid)<\/span><span xml:lang=\"EN-US\">:<\/span><\/p>\n<\/div>\n<ol start=\"1\">\n<li><span xml:lang=\"EN-US\">If<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN-US\">during the Legal\/Technical property\u00a0<\/span><span xml:lang=\"EN-US\">due diligence check\u00a0<\/span><span xml:lang=\"EN-US\">an issue appears, t<\/span><span xml:lang=\"EN-US\">he\u00a0<\/span><span xml:lang=\"EN-US\">deposit will be entirely refunded<\/span><span xml:lang=\"EN-US\">,<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN\">or as\u00a0<\/span><span xml:lang=\"EN-US\">otherwise\u00a0<\/span><span xml:lang=\"EN\">agreed in\u00a0<\/span><span xml:lang=\"EN\">the Agreement.<\/span><\/li>\n<\/ol>\n<ol start=\"2\">\n<li><span xml:lang=\"EN-US\">If the seller withdraw<\/span><span xml:lang=\"EN-US\">s<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN-US\">from sale<\/span><span xml:lang=\"EN-US\">,<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><span xml:lang=\"EN-US\">the deposit amount\u00a0<\/span><span xml:lang=\"EN-US\">will be refunded\u00a0<\/span><span xml:lang=\"EN-US\">in double,\u00a0<\/span><span xml:lang=\"EN-US\">or\u00a0<\/span><span xml:lang=\"EN-US\">as\u00a0<\/span><span xml:lang=\"EN-US\">otherwise\u00a0<\/span><span xml:lang=\"EN-US\">agreed in the\u00a0<\/span><span xml:lang=\"EN-US\">Agreement.<\/span><\/li>\n<\/ol>\n<\/div>\n<div>\n<ol start=\"3\">\n<li><span xml:lang=\"EN-US\">After signing\u00a0<\/span><span xml:lang=\"EN-US\">t<\/span><span xml:lang=\"EN-US\">he Agreement your\u00a0<\/span><span xml:lang=\"EN-US\">paid\u00a0<\/span><span xml:lang=\"EN-US\">deposit will be entirely refunded only if during the Legal\/Technical property\u00a0<\/span><span xml:lang=\"EN-US\">check<\/span><span xml:lang=\"EN-US\">\u00a0an issue appears<\/span><span xml:lang=\"EN-US\">.<\/span><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<\/div>\n<p>*<span style=\"color: red;\"><em><strong>Please be aware that by signing the Agreement-to-buy you have made a commitment to purchase a property<\/strong><\/em><\/span>[\/vc_toggle][vc_toggle title=&#8221;What kind of insurance is recommended for properties?&#8221; el_id=&#8221;1478279881632-99cef1d6-bc84&#8243;]<span xml:lang=\"EN-US\">The proposed property insurance concerns protection against the following risks: fire, earthquake, flood,\u00a0<\/span><span xml:lang=\"EN-US\">broken windows<\/span><span xml:lang=\"EN-US\">, storms, theft and third part<\/span><span xml:lang=\"EN-US\">y liability<\/span><span xml:lang=\"EN-US\">.<\/span><span xml:lang=\"EN-US\">\u00a0<\/span><\/p>\n<p><span xml:lang=\"EN-US\">For affiliated Insurance\u00a0<\/span><span xml:lang=\"EN-US\">Offices<\/span><span xml:lang=\"EN-US\">\u00a0please contact us.<\/span>[\/vc_toggle][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] Frequently Asked Questions [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]The property market in Greece is fairly straightforward. According to the Law, foreigners regardless of nationality, can buy properties in most locations. Property buying restrictions apply only in border areas (East Aegean, Dodecanese Islands, regions of northern Greece, Crete, Rhodes) for citizens of countries outside the European Union who have to apply to the Prefecture Council for a buying and &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":18165,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/sek.gr\/en\/wp-json\/wp\/v2\/pages\/18169"}],"collection":[{"href":"https:\/\/sek.gr\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sek.gr\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sek.gr\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sek.gr\/en\/wp-json\/wp\/v2\/comments?post=18169"}],"version-history":[{"count":11,"href":"https:\/\/sek.gr\/en\/wp-json\/wp\/v2\/pages\/18169\/revisions"}],"predecessor-version":[{"id":21614,"href":"https:\/\/sek.gr\/en\/wp-json\/wp\/v2\/pages\/18169\/revisions\/21614"}],"up":[{"embeddable":true,"href":"https:\/\/sek.gr\/en\/wp-json\/wp\/v2\/pages\/18165"}],"wp:attachment":[{"href":"https:\/\/sek.gr\/en\/wp-json\/wp\/v2\/media?parent=18169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}