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How to choose a good plot

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geraniumgift

Greece is a European Union member-state governed by the rule of law. It is also a member of the eurozone, enjoying all the benefits that derive from sharing the common currency.



Finding and buying a plot of land in Greece isn’t always straightforward. Here I’d like to share with you a few tips I’ve learned the hard way after buying my own plot. Whether you intend to build a holiday home or a more permanent residence, these simple tips may save you money and disappointments in the long run.



What to watch out for:



i.   Decide where you’d like to settle


     This may seem like a self-explanatory step, but there are great differences – not just in terms of climate, but also in terms of available facilities – depending on the region you choose to settle in.


     Greece is a big and mostly rural country. Most facilities are concentrated in Athens and Thessaloniki. Choosing to settle down on a secluded island may seem an appealing prospect at first, but consider that the availability of medical care and other important facilities may be limited. Always check the quality of the internet, water or electricity in advance. Unless you have your own yacht, you will likely be dependent upon the services of ferries if settling on an island – consider whether you want this dependence. Ferries personnel have been known to go on strike occasionally. Also, any goods you may require that are not available on the island, will involve longer and often costlier shipping if you buy them online.


I have personally settled in the province of Messenia in the Peloponesse. The nearest city is Kalamata. While there is a hospital in Kalamata, any ‘serious’ treatment requires travelling to Athens – some 3 hours by car. For me, this is a suitable balance between the two extremes; very limited facilities on a secluded island versus decent facilities but living in the urbanized region of Athens. I live on the mainland but feel as if I am on an island. Your needs may differ.


      I also wanted the warmer climate of Messenia with its nearly-private beaches. Yet there are equally beautiful regions in the north, with snowy mountains and picturesque forests. Don’t immediately settle down somewhere just because you found it online on some list of ‘10 most beautiful regions in Greece’. Carefully balance your individual needs with your dreams. Stay realistic about your needs!


Found a suitable region? Now find a suitable plot…


Decided to settle in Messenia too? Feel free to contact me if you need help.



ii. Find a suitable plot in your chosen region


     You may start your search remotely from your country of origin. A simple Google search is a good start. When you find a promising plot, you will eventually have to schedule a physical visit. But make sure you don’t schedule a visit just for that one seemingly promising plot: what seems pretty from far away, may end up being far from pretty when you see it up close. So identify several candidate plots even if you feel that only one of them is your favorite. Plan enough time to visit them all without pressure.


It is best to choose candidate plots from at least two different real estate agencies. Bear in mind that Greek real estate agencies tend to present relatively little information online – some don’t even have an (English) website and may not appear in your search. So keep your eyes open for physical ad boards once you arrive in your chosen region in Greece – you may find a third real estate agent with a better selection of plots that way. That’s how I eventually found my own plot.



iii. Buying your chosen plot – what to watch out for?


     The purchase of a plot will usually be negotiated through a real estate agent. Watch their behavior closely. Common in some parts of Greece is that no one will reply to your e-mails. If an agent hasn’t replied to your first e-mail requesting to schedule a visit, beware – this may be a first sign of lack of reliability. Even if this agent has a plot, you find highly desirable, it’s often still best to move on to a different agent. Depending on how (under)developed your region is, it can certainly be that only one out of every eight or ten agents will reply to your e-mail. Don’t be discouraged. This natural selection process will maximize your chances of finding a decent person to do business with.

PhilIpZ20201

@geraniumgift


very good advice and now from someone (British / Greek)  who has purchased property in Greece and speaks the language and has excellent lawyers and notaries beware of the following


whilst I am generalising these issues are almost always the case and why you need a very hood

notary first and then a lawyer (in that order)


  • most properties have unclear ownership titles
  • most properties have illegalities that will Need to be legalised for any new transfer (previous people got awes with this by ignoring these, paying bribes or paying fines) - now things are much more  difficult to conceal (make sure your lawyer adds seller liabilities in your contract for any issue that may crop up!)
  • the land plot probably has incomplete, dubious or incorrect land plot and land boundary surveys so a good notary needs to check everything prior to purchase
  • often sellers will say nothing is wrong but almost always they are lying and economical with the truth, sometimes they are ignorant but don’t be fooled / check everything



I looked at over 40 properties - went to legal closure on four that fell through due to the above before I found a relatively “clean” property



in general Greeks in the provinces and via plates re

much more honest than people in the large cities like athens en Thesaaloniki and in the Greek favoured holiday spots where most own properties they may now need to sell


oh, and trust no real estate agent as they are the lowest of the low !


You have been warned !

geraniumgift

This post contains information based solely on the personal experience of the authors of Building Living Greece

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