Legal Support

Capital One has a network of experienced lawyers, specialized in the field of real estate and property taxation. Aiming to satisfy and safeguard each of our clients at every stage of the property purchasing/selling procedure, our lawyers secure all the conditions that will fulfill the best possible solution.  

 

Buyer’s Legal Support

The safety of our buyer is amongst our top priorities. With that in mind, our legal network follows strict Due Diligence processes at the relevant Land Registry in order to confirm that the property is free of encumbrances (mortgages, foreclosures, claims etc) and that it holds valid legal titles.

Our partners can offer:

  • Legal advice related to the property taxation and the exemption from transfer tax.
  • Legal review of the documentation provided by the Seller to the Notary.
  • Second Due Diligence at the relevant Land Registry on the day of signing the contract so as to confirm that the property is still free of encumbrances.
  • Representation by a lawyer the day of the final purchase contract and legal check of the final contract.
  • Legal support at all stages of the conveyance.

Our network also includes experienced Notaries, who undertake the preparation of the contracts in a timely and efficient manner.  

 

Owner’s Legal Support

The set of documentation needed for a proper conveyance can be quite stressful for the owner.  Our legal partners can support and guide the owner at all the stages of the transaction:

  • Collecting the required documentation and preparing a complete folder for the drafting of the final purchase contract.
  • Representing the owner the day of the contract sign-off and performing the final contract legal check.

 

Technical Support

A group of experienced engineers and architects is at your disposal, to provide appropriate advice. They are perfectly suited to perform all necessary inspections, investigations with the urban planning authorities, license acquisition, as well as the legalization processes, freeing customers from unnecessary discomfort, high costs and waste of time.

 

Renovation

The value of a previously owned property can be significantly enhanced after a total or a partial renovation. Our highly specialized network of engineers will undertake the renovation project, using reliable teams of craftsmen. From layout re-design to final delivery, we can have your premises renovated in accordance to your wants and needs.  

 

Property Valuation

Estimating the value of real estate is necessary for a variety of activities, including financing, sales listing and investment analysis. For us, determining a property’s asking or purchase price is the most useful application of real estate valuation.

Our team of experts can evaluate your property according its unique features: location, lot size, floor plan, and amenities.

 

The complexity of the Greek property market, the special fields and range of knowledge and the required continuous professional development by trained property professionals, has led the specialization and the experience to be two significant factors affecting the reliability of a valuation report.

 

Capital One, based in the principle of offering integrated services in Real Estate, has secured strategic partnership with accredited professionals in order to be able to offer its clients high rated property valuation, management, client representation and technical due diligence services.

 

Golden Visa

 

Every third country national who obtains a Golden Visa, as well as all the members of his/her immediate family (spouse, children under 21 years of age, parents of both spouses) are entites to the following benefits:

  • The right to enter Greece and the EU for five (5) years
  • The right to reside in Greece for five (5) years
  • The right to renew Golden Visa every five (5) years (when conditions are met)
  • The right to travel freely and stay for over 180 days per year in European countries that are also members of the Schengen Agreement, within or outside the European Union.

 

A Golden Visa currently permits travel to Austria, Belgium, the Czech Republic, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Holland, Hungary, Iceland, Italy, Latvia, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland, as well as the right to access the Greek public education system.

 

Golden Visa Requirements

In order to obtain a Golden Visa in Greece one must meet the following requirements:

  • Entering Greece legally
  • Full ownership, possession and occupancy or a percentage of undivided ownership of one or more real estate property/ties in Greece, the total value of which should amount to at least two hundred and fifty thousand euros (€250.000).
  • Alternatively, one must sign a timeshare agreement (lease) for a minimum of 10 years for hotel accommodations or furnished tourist residences in integrated tourist resorts according to Law 4002/2011 (article 8, paragraph 2 – Government Gazette 180A’), provided the minimum cost of the lease also amounts to two hundred and fifty thousand euros (€250.000).
  • Alternatively, one can purchase a plot of land or acreage and develop a building, provided that the cumulative value of the land purchased and the contract with the construction company also amounts to at least two hundred and fifty thousand euros (€250.000).

 

Useful Facts:
If the owner has acquired the property through a legal entity, the applicant shall own 100% of the company shares.

The holder of Golden Visa is entitled to extend all the benefits of their Golden Visa to the immediate members of his/her family, who will each acquire a separate Golden Visa by submitting their own separate applications. Immediate family members include:

  • The applicant’s spouse
  • Their children, as well as the spouse’s children
  • Applicants’ parents, as well as the spouse’s parents.

In all cases outlined above, the value of the real estate property shall be determined based on the value of the property, or the lease, indicated in the contract of purchase. It should be made clear that the value of the property, according to law 4251/2014, is the amount which has been paid for its purchase, and which is stated explicitly in the contract. The objective, or assessed, value of the property is not relevant, unless it corresponds to the amount which was, according to the contract, paid for the purchase of the property.

 

Golden Visa Application Documents 2022

 

  • Two copies of the application document
  • Four recent color passport-type photos
  • Certified copy of a valid passport or travel documents recognized by Greece
  • A fee paid and obtained through the “e-Paravolo” platform – Roughly amounts to €500 for residence permits of up to a five-year duration
  • A processing fee paid and obtained through the “e-Paravolo” platform – Roughly amounts to €16, concerning the printing of the separate document (electronic residence permit)
  • Certification by an insurance agency for the cost of hospitalization and medical care;
  • Insurance contracts that are signed outside of Greece, provided that they explicitly mention that they cover the interested party for the duration of their stay in Greece
  • Insurance contracts that have been signed in Greece.

 

Occasionally, the authorities may request additional documentation.

For more info, please consult the official Greek site on permanent residence permit here.

Compare listings

Compare