Property transactions in Greece are to speed up from November 1-st

What has happened? The Greek real estate online registry will become fully operational from November 1, 2023. This will allow notaries, buyers and sellers to complete transactions faster without involving municipalities, tax authorities or other state agencies in collecting the necessary documents.

Details. The electronic transfer of ownership will only apply to regions where a full property registry exists.

The notaries should enter the platform first, submit their and the transacting parties’ special tax numbers (AFM) and invite them to accept the property request and authorize them to collect the necessary documents.

Then the seller then needs to log into the platform, and after that, the buyer needs to authorize the transaction and allow the notary to collect the documents on their behalf.

Source: Ekathimerini

Photo by Dimitris Kiriakakis on Unsplash

Quoting conditions of Prian.info materials