Buying or Selling Property in Greece: A Complete Legal Guide and the Crucial Role of a Real Estate Lawyer

Introduction: Why Greece Is One of the Most Attractive Real Estate Markets in Europe

Greece has become one of the most attractive destinations for real estate investment in Europe. From Athens and Thessaloniki to the Greek islands and coastal regions, demand for residential and commercial property continues to grow steadily. Foreign buyers, expatriates, digital nomads, and investors are increasingly interested in purchasing property in Greece, while many owners seek to sell or restructure their assets.

However, buying or selling property in Greece is a legal process that requires careful planning, legal expertise, and local knowledge. Greek property law is complex, document-heavy, and strictly regulated. Mistakes can lead to delays, financial losses, or even invalid transactions.

This is why the involvement of an experienced Greek real estate lawyer is not optional—it is essential.

In this comprehensive guide, we explain:

The step-by-step process of buying and selling property in Greece

The legal checks and due diligence required

The risks foreign and Greek buyers often overlook

The critical role of a real estate lawyer

How a law firm like OPTIMA JUSTITIA ensures legal certainty, transparency, and protection for clients

The Greek Real Estate Market: Who Buys and Who Sells

Buyers

Foreign nationals (EU and non-EU)

Investors seeking rental income or Golden Visa eligibility

Greeks living abroad (diaspora)

First-time homebuyers in Greece

Sellers

Private individuals

Heirs of inherited property

Developers and investors

Owners restructuring or liquidating assets

Regardless of whether you are buying or selling, legal representation is the cornerstone of a secure transaction.

Step 1: Preliminary Legal Checks Before Any Agreement

Title Deed Verification

One of the most critical steps in a Greek property transaction is verifying the legal title of the property.

A lawyer conducts a full title search at:

The Land Registry (Υποθηκοφυλακείο)

The National Cadastre (Κτηματολόγιο)

The purpose is to confirm:

Lawful ownership

Absence of mortgages, liens, claims, or encumbrances

Accurate property boundaries and registration data

Without this legal check, buyers risk acquiring a property with hidden legal defects.

Step 2: Urban Planning and Zoning Due Diligence

Greek properties are subject to strict urban planning and zoning regulations.

A real estate lawyer verifies:

Building permits

Legal status of constructions

Any unauthorized or illegal structures

Compliance with zoning laws and land-use restrictions

This step is crucial, as illegal constructions can prevent sale, financing, or future development.

Step 3: Tax Identification and Legal Capacity

Tax Identification Number (AFM)

All buyers must obtain a Greek Tax Identification Number (AFM).
Your lawyer can handle this process on your behalf through a power of attorney.

Legal Capacity and Representation

For foreign buyers or sellers:

Legal capacity under Greek law must be verified

Powers of attorney must be properly drafted and notarized

Apostille or consular legalization may be required

Step 4: Drafting and Reviewing the Preliminary Agreement

In many transactions, a preliminary agreement (reservation or private agreement) is signed before the final contract.

A lawyer ensures that:

The agreement protects your financial interests

Payment terms are clearly defined

Deadlines and penalties are enforceable

Conditions precedent (e.g., financing, permits) are included

Signing a preliminary agreement without legal review is one of the most common and costly mistakes.

Step 5: The Role of the Notary and the Final Sale Contract

In Greece, the final sale contract must be executed before a Greek notary public.

What the Lawyer Does at This Stage

Reviews the notarial deed line by line

Ensures consistency with prior agreements

Verifies payment mechanisms and tax compliance

Represents the client during the signing (or via power of attorney)

The lawyer acts as your legal shield, ensuring that the contract accurately reflects your rights and obligations.

Step 6: Taxes and Costs in Greek Property Transactions

Buyer's Costs

Property Transfer Tax (or VAT for new builds)

Notary fees

Land Registry / Cadastre fees

Legal fees

Seller's Obligations

Capital gains tax (where applicable)

Clearance of outstanding taxes or municipal fees

A real estate lawyer provides full cost transparency, preventing unpleasant surprises.

Step 7: Registration and Completion of the Transaction

The transaction is legally completed only after:

The notarial deed is registered

Ownership is recorded in the Land Registry or Cadastre

Your lawyer ensures:

Proper registration

Legal completion of ownership transfer

Delivery of certified copies

Buying Property in Greece as a Foreigner

Foreign buyers face additional legal and practical challenges:

Language barriers

Different legal concepts

Restricted areas near borders

Residency or Golden Visa considerations

A specialized Greek lawyer ensures:

Compliance with all restrictions

Secure fund transfers

Proper structuring of the purchase

Long-term legal protection

Selling Property in Greece: Legal Preparation Is Key

Sellers must ensure:

Clear and marketable title

Updated cadastral records

Compliance with building regulations

Tax clearance certificates

A lawyer prepares the property for sale, minimizing delays and maximizing legal certainty.

Why a Real Estate Lawyer Is Not Optional in Greece

Unlike some jurisdictions, Greek property law is not buyer-friendly by default. The lawyer's role includes:

Legal due diligence

Risk assessment

Contract negotiation

Client representation

Dispute prevention

Skipping legal representation often results in:

Invalid contracts

Financial losses

Litigation

OPTIMA JUSTITIA: Your Trusted Real Estate Law Firm in Greece

At OPTIMA JUSTITIA, we provide comprehensive legal services for property transactions throughout Greece.

Our Services Include:

Property due diligence

Title and cadastral checks

Drafting and reviewing contracts

Representation before notaries and authorities

Support for foreign buyers and investors

Golden Visa-related legal assistance

Why Clients Choose OPTIMA JUSTITIA

In-depth knowledge of Greek property law

Personalized legal strategy

Transparency and reliability

Experience with international clients

Whether you are buying or selling property in Athens, Thessaloniki, the Greek islands, or anywhere in Greece, our law office ensures that your transaction is legally secure and efficient.

Final Thoughts: Secure Your Investment with the Right Legal Partner

Real estate transactions in Greece offer significant opportunities—but only when handled correctly.
The involvement of a qualified and experienced real estate lawyer is the single most important factor for a successful outcome.

If you are considering buying or selling property in Greece, legal certainty is not a luxury—it is a necessity.

OPTIMA JUSTITIA stands ready to protect your interests and guide you through every legal step with confidence.