The real estate market in Greece has experienced remarkable growth in recent years. According to data from ELSTAT, between 2014 and 2023, the total number of notarial acts increased from approximately 501,000 to 838,000 annually, with projections to reach a maximum of 900,000 acts per year within the next 2–3 years. This upward trend has been supported by the recovery of the Greek economy, the increase in foreign real estate investments (Golden Visa program), and the digitalization of certain administrative procedures.

The Golden Visa is one of the most attractive residence permit programs for non-EU citizens through real estate investment in Greece. As of September 2024, the framework has changed significantly, aiming to boost strategic investments and better manage the housing market.

In the Greek real estate market, where most property owners work with multiple agents at the same time, competition is fierce. What sets a realtor apart is not the listing or the exposure — it’s the preparation. Specifically, a complete property file is the most critical tool for success.

In the complex world of real estate transactions in Greece, one of the most time-consuming and demanding documents that often causes significant delays is the Certificate of Completion of the Building ID (Η.Τ.Κ.), or as most people know it, the Building ID.

In the Greek real estate market, the concept of an exclusive collaboration between property owner and real estate agent is almost non-existent. Most owners choose to assign their property to multiple agents, hoping that this will increase the chances of a sale.

The process of buying and selling real estate in Greece is characterized by a high degree of complexity, mainly due to the large number of required documents and the dozens of factors that affect them. Ensuring that all necessary and accurate supporting documents have been collected is one of the main causes of delays or even cancellations of a sale.

The process of buying and selling real estate in Greece is one of the most complex and demanding in all of Europe. Real estate transactions require coordination between sellers, buyers, notaries, engineers, and accountants, making their successful completion challenging and time-consuming.

Real estate transactions in Greece are notoriously complex, involving a maze of documentation requirements, legal issues, and procedural obstacles. Unlike many developed markets where transaction coordinators facilitate the smooth transfer of properties, Greece lacks a dedicated professional who assumes this crucial role. This absence results in inefficiencies, delays, and risks for both buyers and sellers.

Unfortunately, real estate transactions in Greece often suffer from delays and unexpected complications, creating uncertainty for both buyers and sellers. One of the primary challenges is the lack of preparation on the part of property owners. Frequently, they do not possess the necessary ownership documents, resulting in a fragmented and incomplete file. This makes the due diligence process particularly difficult.

Proper client preparation is crucial for a successful and smooth real estate transaction. Below are the key steps to follow