IS THE PROCESS OF BUYING LONG AND DIFFICULT?
All the necessary steps will take approximately 1-2 months. The process is fairly straightforward and you do not even have to be here on Crete.
As a general rule, you must:
• Select your property.
• Make sure the financing is secured.
• Choose your lawyer (we can help you with this).
• With a Power of Attorney the lawyer takes necessary steps for you (applies for your Tax Registry Number ie AFM), opens a Greek bank account for you.
• Sign the pre-contract detailing terms of sale and payment schedule.
• Pay a deposit to secure the property by removing it from the market.
• Sign the final contract after all legal work is completed. Upon completion of the final contract, all fees and taxes must be paid.
HOW ABOUT FINANCING IN GREECE?
Kreta Eiendom has very good connections with local financial institutions which offer competitive interest rates based on the European Central Bank interest rate for financing up to 80 % of the Purchase Price.
Please contact our office and we will support you with more contact details.
WHEN WILL I BE THE OFFICIAL OWNER OF THE PROPERTY?
When the final contract has been signed and the property has been registered in the Land Registry on Crete in your name.
WHO WILL TAKE CARE OF MY PROPERTY WHEN I AM AWAY?
We offer a complete after sales services package that covers all the needs you might have. Click here to read about After Sales Services.
DO I NEED A GREEK BANK ACCOUNT?
Yes, you need to make all necessary payments through this account. Opening of a bank account in Greece is a very simple procedure. The only thing you need is your passport or ID and your tax number in Greece (AFM). Your lawyer will give you the necessary support.
HOW TO GET TO CRETE IN WINTER?
There are at the moment no direct flights to Crete during the winter season. You will need to travel to Crete through Athens by boat or by plane. A successful Greek low-cost airline has a frequent schedule between Athens and Crete throughout the year, operating about 15 flights per day.
Cheapest return tickets for advance bookings from Athens- Heraklion/Chania – Athens (all taxes included) can be purchased for as low as 50 euro. Flight time is about 40min and tickets can be booked online. More information at: www.aegeanairlines.com. Most of the major airlines fly to Athens as well. More information at www.momondo.com.
Below are some of the choices for travelling to Athens or directly to Crete by air. Main airports on Crete are Heraklion (HER) and Chania (CQH).
SCANDINAVIA:
www.sterling.com
www.norwegian.no
www.vikingairlines.com
www.sas.com
BREAT BRITAIN:
www.flyhomascook.com
www.jet2.com
www.xl.com
www.aerlingus.com
www.easyjet.com
www.britishairways.com
www.olympicairlines.com
www.aegeanair.com
GERMANY & AUSTRIA:
www.airberlin.com
www.condor.com
www.gexx.de
www.germanwings.com
www.tuifly.com
www.lufthansa.com
www.easyjet.com
www.laudaair.com
RUSSIA & EASTERN EUROPE:
www.airbaltic.com
www.centralwings.com
www.skyeurope.com
www.olympicairlines.com
TRAVELLING TO CRETE BY FERRY: You can reach Crete island by sea. There are overnight ferries (about 8h) and fast ferries that operate only in summer (about 5-6h). Fares start as low as 30 euro (deck fare) and go up to 90 euro (with cabin).
www.anek.gr
www.minoan.gr
www.nel.gr
www.hellenicseaways.gr
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