Are you interested in selling a property in Samos? Do you know what documents are generally needed to sell a property?
Let’s look in detail at everything you will need to proceed with the sale of property.
Before the property can be transferred, the seller/owner will have to arrange or work with a professional in the field to issue and collect a series of certificates and documents.
Documents
These are the documents epigrammatic:
- Title deeds of the property (Property Deed) and transfer certificate.
- Recent certificate of ownership in areas under cadastral registration or cadastral sheet and excerpt of cadastral diagram in areas where cadastral registration has been completed.
- Tax Awareness / Insurance awareness.
- Engineers’ certificates for planning legality in all real estate transfer contracts, even unstructured ones.
- Electronic Building Identity (HTC).
- Energy Performance Certificate (EPC).
- Certified copy of the building permit from the competent Urban Planning & Development Authority (UPDA).
- Topographic map of the property dependent on the EGSA network.
- Real Estate Fee (T.A.P.) from the Municipality or Community to which the property belongs (with PPC account and contract). However, in the event that the transferred property is a plot of land without a building, no TAP is required.
- Responsible statement of Law 2238/94 certified by DOY or certificate if the property is leased.
- Responsible declaration of Law 2459/97 considered by the Ministry of Health>.
- Two photocopies of identity card.
- Photocopy of tax clearance certificate.
- Lease contract if the property is rented.
- Certificate from the competent DOY that the property does not owe tax, when it comes from a parental allowance, donation or inheritance.
- ENFIA certificate for the last 5 years.
General observations for when selling property
a. When the contracting party is an entity of the State or the wider Public Sector, an assessment by the certified assessors of the General Directorate of Economic Policy of the Ministry of Finance (formerly S.O.E.) is required.
b. When the seller is a Municipality, validation of the decision by the Region is required.
Property seller’s expenses
- Engineer’s fee for the declaration in Law 4495/2017 (certificate of non-impropriety or settlement in case of improprieties).
- Mechanical energy inspector’s fee for drawing up the property’s Energy Performance Certificate.
- Engineer’s fee for electronic building identification (HTC)
- Cadastre extract (diagram and sheet) from the Cadastre service, if the property is located in an area included in the Cadastre or proof of declaration in case the area is under cadastral registration.
- Attorney’s fee. The representation of a lawyer is not mandatory for the seller of a property from January 1, 2014. However, if the seller wishes the help of a lawyer, the fee is agreed between them and is of the order of 1% for purchases up to 44,000 euros and 0.5% for more, plus 24% VAT.
- Engineer surveyor’s fee for drawing up a new topographical diagram (if required and if there is no recent one).
- Real estate agent fee. What is signed on the property assignment order. Payment is made upon signing the contract.
- Payment of property bills and debts. Payment of utility bills (Electricity, water supply, natural gas, etc.). There may also be costs for the payment of TAP, ENFIA, etc. in case the surface area of the property is not correctly declared.
- Property seller’s fees, with the exception of attorney & real estate agent fees, must be paid prior to the sale. For this reason, appropriate financial planning must be done in the amount of the advance payment.
» We can help you collect all the necessary documents related to the sale of property!
Property buyer’s expenses
- A lawyer’s fee for the legal review and for any service offered is desired by the buyer.
- Notary fee, which is determined as a percentage depending on the value of the transferred property.
- Broker’s fee (when signing the contract).
- Finally registration in the mortgage registry and the land registry.
- Property transfer tax (3% of the objective or commercial value – whichever is higher). If it is a first residence, there is an exemption from paying the specific tax.
Let our team guide you.
