Delays and Surprises: The Challenges of Real Estate Transactions in Greece

5.3.2025

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.

Real estate agents also face significant challenges. A lack of technological tools and organized systems hinders their ability to effectively guide sellers in preparing comprehensive property documentation. Additionally, unexpected issues such as undisclosed mortgages, debts, or tax liabilities often emerge, potentially causing transactions to fall through.

The complexity of documentation required varies greatly depending on property type (residential property, commercial space, storage, garage, etc.), ownership type, representation (legal representation, power of attorney, etc.), selling price (financing, etc.), tax situation, potential encumbrances, and numerous other factors. This complexity makes it nearly impossible for real estate agents to adequately prepare sellers, resulting in substantial delays.

Unjustified delays can discourage buyers, often leading them to withdraw from the transaction altogether.

titlos.com addresses these issues using technology. The platform provides a structured process, enabling real estate agents to efficiently guide sellers through preparing a complete document folder before initiating property marketing efforts. This ensures all necessary documents are in place from the beginning, streamlining due diligence.

With titlos.com, the entire property transaction process becomes transparent, efficient, and well-organized, allowing buyers and sellers to complete their transactions securely and promptly.

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