Useful Information for sale-buy estates

 
 

 
 
 
 
 

Loft Real Estate, provides some useful information concerning the purchase of a property.

 

A. PURCHASE A PROPERTY

Solicitor: The presence of a solicitor is compulsory during both the drawing up and the signing of a real estate sales contract. The lawyer's fee is determined by the contract amount. For a contract up to 44.020€ the fee is 1%, for a contract between 44.020€ and 1.407.351€ the fee is 0,5% and for a contract between 1.407.351€ and 2.934.702€ the fee is 0,4%. Fee may differ depending on each circumstance.

 

 Notary: The notary’s fee equals 1,2% of the written sum on the contract plus further expenses such as copies of the contract, official stamps the completions of tax declaration forms etc.

Mortgage registry: The cost for transfer of a property is 0,475% of the contract value.

Real estate agency: The estate agent΄s fee equals 2% of the actual sales value of the property. The fee is paid to the estate agent at the final signing of the contract.

 

B. DOCUMENTS REQUIRED FOR THE PURCHASE OF PROPERTY


1. Identity card or valid passport. Paycheck Tax Office.

2. E9 assessment of properties ( in cases where the buyer has other property in his name ).

C. DOCUMENTS REQUIRED FOR THE SECURING OF A MORTGAGE


1. Photocopy of identity card or valid passport.

2. Photocopy of most recent paycheck.

3. Copies of forms E1 and E3 and proof of tax settlement of the past 3 years (applies only to self-employed).

4. Copy of most recent form E9 or, in cases where this is not available, official statement certified by the tax office that the applicant possesses no others real estate.

5. Official statement from any bank to which these are other loan or mortgage commitments.

 

Loft Real Estate, provides some useful information on the sale of a property.

A. SELL A PROPERTY

Solicitor: The presence of a solicitor is compulsory during both the drawing up and the signing of a real estate sales contract. The lawyer's fee is determined by the contract amount. For a contract up to 44.020€ the fee is 1%, for a contract between 44.020€ and 1.407.351€ the fee is 0,5% and for a contract between 1.407.351€ and 2.934.702€ the fee is 0,4%. Fee may differ depending on each circumstance.

Real estate agency: The estate agent΄s fee equals 2% of the actual sales value of the property. The fee is paid to the estate agent at the final signing of the contract.

B.   DOCUMENTS REQUIRED FOR THE SALE OF PROPERTY


1.     Identity card or valid passport.
2.     Building Plan and Topographic Diagram.
3.     Building permission for the property.
4.     Perfection or recommendation horizontal property.
5.     Tax Clearance.
6.     Real Estate Tax from the Municipality to which the property belongs.
7.     Insurance Clearance from IKA in cases where the seller is self-employed.
8.     Certificate from appropriate ΔΟΥ (tax office) stating that the property has no outstanding taxes.
9.     Official statement certified by appropriate ΔΟΥ (tax office).
10.  Official statement certified by appropriate tax office (ΔΟΥ) if the property is leased.