Homes for Sale Kefalonia: A Few Relevant Facts
If having real estate in a warm, sun-drenched environment is enticing to you, read further to hear about the attractive island of Kefalonia, which is in the Ionian Sea, right off the western shore of Greece. Masses of Europeans and Britons go to Kefalonia in the winter to get away from the wet, freezing weather in their countries. Obtaining property in a different country could be full of obstacles if you are not well-taught about the area where you will be purchasing the property. There are so many particulars to contemplate when endeavouring to buy homes for sale. Kefalonia presents many terrific villages and towns which are both hospitable and charming. Here’s a brief summary of the process of buying property on this lush, sunny island.
Homes for Sale Kefalonia: Finding the Perfect Property
It is a pretty simple procedure for EEC citizens to acquire land and homes in Kefalonia. You need to, however, employ specialists in real estate to aid you in the transaction. Prior to doing this, you need to take a look into fundamental legal requisites of the property transactions of the island. For example, there are limits on the size and area of any building lot you may be considering. It is vital that your property agent is knowledgeable about Greek law, in particular, those concerning inheritance and property that is jointly owned for the reason that such laws are very complicated. You will also have to seek information on any forestry laws which could apply to the land you may be wishing to buy so that you can rest assured that no governing entity will take the land from you.
Homes for Sale Kefalonia: Regarding the Contract, Deposit, and Taxes
The contract is a legal paper which explains some elemental terms and tells the amount of your deposit, typically 10% of the price of purchase, that is necessary. The deposit is fully refundable if the property turns out to have a faulty title. When you will be absent from the transaction, you need to give the power of attorney to your agent. It’s also essential to get a tax number, which then becomes your Greek identity number. Note that you have to file a tax return each year in Greece once you have a tax number. Do make certain to have all the initial papers in order in advance of looking at homes for sale. Kefalonia has plenty of competent and professional agents and attorneys to assist you.
Homes for Sale Kefalonia: In Reference to Title Search as well as Transfer of Property Tax
One general stipulation of the sale is the title search, and your attorney, a notary, or another representative will pay a transfer of property tax to the government. The amount of this tax is calculated as a percentage of the municipal value that’s assigned to each village on the island. Generally, this valuation is lower than the selling price. After the final contract is drawn up and ready to be signed, you or your legal representative will have to go to a notary’s office and sign the document.
It may be a complex ordeal to acquire homes for sale.Kefalonia, providentially, has a talented group of real estate agents, lawyers and notaries that are there for you when you need them.
Homes for Sale Kefalonia: Finding the Perfect Property
It is a pretty simple procedure for EEC citizens to acquire land and homes in Kefalonia. You need to, however, employ specialists in real estate to aid you in the transaction. Prior to doing this, you need to take a look into fundamental legal requisites of the property transactions of the island. For example, there are limits on the size and area of any building lot you may be considering. It is vital that your property agent is knowledgeable about Greek law, in particular, those concerning inheritance and property that is jointly owned for the reason that such laws are very complicated. You will also have to seek information on any forestry laws which could apply to the land you may be wishing to buy so that you can rest assured that no governing entity will take the land from you.
Homes for Sale Kefalonia: Regarding the Contract, Deposit, and Taxes
The contract is a legal paper which explains some elemental terms and tells the amount of your deposit, typically 10% of the price of purchase, that is necessary. The deposit is fully refundable if the property turns out to have a faulty title. When you will be absent from the transaction, you need to give the power of attorney to your agent. It’s also essential to get a tax number, which then becomes your Greek identity number. Note that you have to file a tax return each year in Greece once you have a tax number. Do make certain to have all the initial papers in order in advance of looking at homes for sale. Kefalonia has plenty of competent and professional agents and attorneys to assist you.
Homes for Sale Kefalonia: In Reference to Title Search as well as Transfer of Property Tax
One general stipulation of the sale is the title search, and your attorney, a notary, or another representative will pay a transfer of property tax to the government. The amount of this tax is calculated as a percentage of the municipal value that’s assigned to each village on the island. Generally, this valuation is lower than the selling price. After the final contract is drawn up and ready to be signed, you or your legal representative will have to go to a notary’s office and sign the document.
It may be a complex ordeal to acquire homes for sale.Kefalonia, providentially, has a talented group of real estate agents, lawyers and notaries that are there for you when you need them.
Filed under News by on Sep 28th, 2011. 