Valmas Associates | Greek Law Firm, Greek Lawyers
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Real Estate Law

Buy, Sell & Develop a Property in Greece - We are expert Greek Real Estate Lawyers.

Valmas Associates, Greek Law Firm, Greek Lawyers, Lawyers in Greece, Greek Real Estate Lawyers, Buy a House in Greece, Property Lawyer Greece, Greek Property Lawyers

Our Greek Real Estate Lawyers can help.


Property lawyers of choice for individuals, entrepreneurs, law firms & corporations overseas

Trusted
by our clients for
10+ years 

Winners of: Law Firm of the Year in 2017 & Martindale Client Gold Award in 2018

Valmas Associates are expert Greek Real Estate Lawyers that have provided international clients with market leading professional assistance. We utilize the skills of all our practice areas and affiliated professionals to ensure we advise our clients on every  opportunity and corresponding risk their matter presents. We make sure our clients are aware of, and can react to, the complex issues which real estate transactions often raise.

We can assist you with the following:
  • Property sales & purchases
  • Timeshare acquisitions.
  • Purchasing off-plan property
  • Sale of real estate assets
  • Leasing of commercial property
  • Urban regeneration
  • Construction
  • Due diligence
  • Structuring of real estate investments
  • Debt financing
  • Capital raising
  • Environmental issues
  • Real estate tax planning
  • Joint ventures

Our office has been successfully representing high net worth individuals, companies & corporations embarking upon investment projects in Greece.

Our professional services include tracing property titles all over Greece and investigating and providing due diligence reports on the legal and actual status of the property in question, that is whether it is clear for transfer, whether ownership of property is disputed, any third parties' rights exist etc.

On larger projects we appoint topographers, engineers and supervise the whole process ensuring flawless transactions and successful end results.

The supervision of an independent Greek property lawyer (not an attorney the seller or realtor will provide) when buying property in Greece is extremely important as real estate law in Greece is complex and requires an independent, competent, honest/impartial party to search titles for defects or burdens, supervise, co-draft and approve the process of buying property in Greece. Our extensive experience on the area of Greek Real Estate Law and Investment Migration Law & Procedure (in the event you apply for a Residence Permit for Property Owners in Greece) shall provide you with peace of mind as you will end up with a clean property title and a successful grant of a residence permit (if you also happen to apply for a Schengen Residence Permit in Greece).


Golden VISA Greece Program: Non EU citizens owning or purchasing property of a value/price in excess of 250.000 EUR can acquire a valid residence permit in Greece indefinitely, thus gaining access to all Schengen countries. This way property owners make the expanding of their access to Europe possible. Greece currently offers unprecedented opportunities in the real estate market as prices are low and prospects for a return in the original investment high so long as you make the right choice on the property.

We represent, advise and assist our clients in every stage of the real estate purchase procedure, providing the following basic services:
  • Finding and Negotiating the price of the Property;
  • Assisting the client in getting a Tax Number;
  • Opening a bank account in a Greek bank;
  • Conclusion of the Contract of the Property before the Notary Public;
  • Registering the Contract with the competent Land Registry;

In the event of purchases toward the Golden Visa Greece Residency we provide the following additional services:
  • Collecting all necessary documentation for the residence permit application;
  • Submitting the application and documentation with the competent immigration office;
  • Receiving the Permit on your behalf;
  • Advising on any tax related matters.

With respect to real estate investments in Greece, we can provide the following extended services:

  • Evaluate the client's investment budget and recommend locations for investment;
  • Guide the preparation of documents required for buying property in Greece;
  • Analyze the properties selected;
  • Negotiate the merits of the agreement with the seller(s);
  • Issue a Tax Number with the competent authority;
  • Open a Greek Bank Account;
  • Appoint Notaries & Accountants;
  • Draft a PoA for all actions related to the property acquisition;
  • Approve promissory agreements and negotiate with sellers and their proxies;
  • Conduct due diligence on real estate property title deeds & competent Land Registries & Cadastral offices for burdens, liens, confiscations, third party rights;
  • Communicate with realtors, sellers, notaries, lawyers during the process of the transaction;
  • Review notarial documents and drafts;
  • Review sellers' certificates and approve them if they are satisfactory;
  • Attend  and represent our clients on the signing of the conveyancing agreements (final contracts);
  • Provide oral translation in English on the date of signatures;
  • Register the property with the tax authorities;
  • Register the property with the competent Land Registry or Cadastral Office;
  • Appoint Property Management  Teams & Renovation Teams;
  • Rent our client's property;
  • Draft and sign lease agreements with tenants;
  • Register the lease with the tax authorities;
  • Provide continuous support;
  • Conduct annual property management;
  • and more services available on request.

CAUTIONARY NOTE TO CHINESE INVESTORS: In recent years some "immigration agencies" have appeared in the market (especially in China with branches in Greece) offering packages by allocating low-cost properties and selling them at a whopping profit. You need to be cautious as you may end up getting a property that its real value may be much less than 250.000 EUR. Whereas this will still grant you the residence permit (as long as you paid over 250.000), it is not a sound investment practice if its real market value is e.g  half of what you paid. Appointing an independent Greek lawyer is thus vital.

Please contact us for more information on our services, rates and cost for advice and representation.

Relevant Bibliography |

Greek Law Digest Greek Property Law Publication
Greek Law Digest Real Estate Law
ICLG Greek Real Estate Law Publication
ICLG Greek Real Estate Law
Reforms on VAT,  Building Activity, Greek Property law
VAT Suspension on Building Activity
Declaring Income from Short Term Leases in Greece
Airbnb Income Declaration
2019 Greek Tax Law Developments
Tax Amendments July 2019
Hellenic Cadastre Declarations
Hellenic Cadastre Declarations
Developments of Greek Law on Short-term leases
Short-Term Leases Update
2019 Greek Tax Law Developments
Real Estate Tax Law Update

Indicative Assignments |

  • Representing an Israeli group of investors purchasing properties in Greece, renovating and renting via long term leases.
  • Representing dozens of high net worth individuals buying properties in Athens, mainland Greece, Mykonos, Santorini and the Greek islands.
  • Representing investors on the acquisition of buildings, plots of land, half finished projects for construction/development in Greece.

Mykonos & Santorini Services |

Our Greek property lawyers offer legal services in Mykonos, Santorini and the rest of the Greek islands and mainland Greece.
Legal Services Mykonos & Santorini

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Valmas Associates


Ippokratous 10-12, Athens, 10679, Greece
Phone: +30 210 339 2081
Opening Hours: 09:00 - 22:00 (by appointment only)
in https://www.linkedin.com/company/athenslawoffice


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© 2019 Valmas Associates | Greek Law Firm, Greek Lawyers


Ioannis Valmas is appointed before the Court of Appeals and regulated by the Athens Bar Association (License No. 30492). We are licensed to practice law throughout the territory of the Hellenic Republic, Greece. Our registered office is situated on Ippokratous 10-12 str., Athens, 10679, Greece and we bear VAT No. EL126271259.

  • Home
  • About
    • People
    • Publications
  • Contact
  • Practices
    • Aviation
    • Real Estate
    • Shipping
    • Business and Commercial
    • Immigration
    • Transportation
    • Debt Recovery
    • Inheritance
    • Contracts & Sales
    • Bankruptcy
    • Accidents, Negligence & Claims
    • Administrative
    • Criminal
    • Oil, Gas & Energy
    • Trademarks & Patents
    • Litigation & ADR
    • Judgement Enforcement
  • Invest in Greece
    • Golden Visa
    • Investment Migration
  • Clients
  • News & Publications