How to Successfully Sell Property in Greece as a Foreign Owner: A Step-by-Step Guide for 2025

Selling property in Greece as a foreign owner can seem daunting due to legal requirements, tax obligations, and market nuances. However, with the right knowledge and preparation, you can navigate the process smoothly and achieve a successful sale. This guide covers everything foreign owners need to know about selling real estate in Greece in 2025, from legal documentation to pricing strategies and finding qualified buyers.

For tailored support on selling your property, visit Chase Real Estate Corfu’s seller resources.

Understanding the Legal Process for Foreign Property Sellers in Greece

Selling property in Greece involves specific legal steps that all sellers must follow, including foreign owners:

• Title Deed Verification: Confirm ownership and ensure all documents are in order.

• Power of Attorney: If you cannot be in Greece, appoint a trusted legal representative.

• Pre-contract Preparation: Draft and review the sale contract with legal help.

• Notary Public Involvement: The sale must be notarized to be legally binding.

• Registration: Transfer ownership at the Land Registry or Cadastral Office.

Foreign sellers should work closely with a Greek lawyer experienced in real estate to avoid delays or legal issues.

Key Tax Obligations When Selling Property in Greece

Selling property triggers tax responsibilities for foreign owners:

• Capital Gains Tax: Applies to profits made from the sale, generally at a flat rate of 15% as of 2025.

• Property Transfer Tax: The buyer usually pays this, but sellers should confirm local practices.

• Other Fees: Include notary, legal, and registration costs.

Proper tax planning can help you minimize liabilities. For detailed legal and tax advice, consult Chase Real Estate Corfu’s legal guidance.

Preparing Your Property for Sale

Maximize your property’s value with these tips:

• Professional Appraisal: Obtain a fair market valuation.

• Repairs and Upgrades: Fix minor issues and enhance curb appeal.

• Staging: Present your property attractively, especially for international buyers.

• High-Quality Photos and Videos: Essential for online listings.

Marketing Strategies for Foreign Sellers in Greece

Reaching the right buyers is key:

• Use Local and International Real Estate Agents: They offer valuable networks.

• List on Reputable Platforms: Include international property portals and local websites.

• Highlight Unique Selling Points: Location, lifestyle benefits, rental income potential.

• Provide Clear Information: About taxes, legal steps, and property details to build buyer confidence.

For expert marketing help, contact Chase Real Estate Corfu.

Managing Offers and Negotiations

• Be prepared to negotiate price and terms.

• Review buyer qualifications and financing options.

• Consider offers carefully and consult your legal team before accepting.

Closing the Sale: Final Steps

• Sign the official contract in front of a notary.

• Ensure all taxes and fees are paid.

• Register the transfer with local authorities.

• Keep copies of all documents for your records.

Frequently Asked Questions for Foreign Sellers

Q1: Can I sell property in Greece without being present?
Yes, with a Power of Attorney, a legal representative can handle the sale on your behalf.

Q2: How long does selling property in Greece usually take?
The process can take from a few months to over a year depending on market conditions and legal complexities.

Q3: Are there restrictions on foreign ownership when selling?
No, foreign owners can sell property freely, but must comply with Greek laws and taxes.

Why Work with Experts When Selling Property in Greece?

Selling property as a foreigner involves navigating language barriers, local regulations, and tax codes. Expert agents and lawyers can:

• Simplify the legal process.

• Maximize your sale price.

• Handle negotiations professionally.

• Ensure compliance with all regulations.

Start your selling journey confidently with trusted partners like Chase Real Estate Corfu.

Conclusion

Selling property in Greece as a foreign owner requires careful planning, legal knowledge, and effective marketing. By understanding the process and leveraging local expertise, you can ensure a smooth transaction and achieve your financial goals in 2025. For personalized support and advice, visit Chase Real Estate Corfu.