Questions to ask
- Are you dealing with the rightful owner of the property?
(Ask for proof before handing over any money). - Does the property have clear title?
- Are there any restrictions on renting out the property in your absence?
- Are there death duties?
- Is the off-plan development bank guaranteed / bonded / insured if the project goes bankrupt?
- What is the position of Capital Gains Tax?
- What about wills?
- In the case of retirement, are home country pensions transferable?
- Is there a double taxation treaty?
- Have you contacted the embassy for residency / immigration rules?
- Under what circumstance, if any, will your deposit be refunded?
- Is there a cooling off period?
- Have you taken professional financial and tax advice?
- Is your legal representative fluent in both Greek and English?
Cautionary note: Each country has its own rules in the way it handles foreign purchase of its properties.Please seek independent legal advice before purchasing any property.






