Our team comprises of reliable consultants, civil engineers, architects and lawyers, can provide you with the necessary information and integrated solutions required to remove any stress and uncertainty.
Buying off Plan
Buying off plan means purchasing a property (house or shop) from architects' drawings, as opposed to a finished building. Typically these drawings are presented in the form of a sales brochure from the developer. Planning permission will have been granted, but the building work will not have been completed.
This is usually the most cost effective way of purchasing a property. To a developer, time is money. Developers want to sell their product quickly and will therefore price their product accordingly. The quicker they can finance and build their development, the quicker they can take their profit and start the process all over again. This is one of the main reasons property investors buy off plan. It is easier and cheaper to customise the property during the construction phase. You pay for the property in installments, thus avoiding the need to arrange a mortgage.
Renovations and Restorations
Our agency handles renovations and restorations of holiday homes for owners who live permanently overseas. Most of our clients who purchase homes in need of renovation are still working and do not have the “time” or the “Greek Know How”, to undertake such projects. The clients are informed of the work in progress up to the finishing touches. Lesvos Estate works closely with experienced construction workers, technicians and engineers to make sure each project is completed successfully.
A real estate appraisal helps to establish a property's market value–the likely sales price it would bring if offered in an open and competitive real estate market
Lesvos Estate appraisals are done in cooperation with civil engineers such that the results are in accordance with the actual value of the property.
Why have appraisals?
A full home appraisal provides reliable information to help you discover the value of your home.
Appraisals are also very useful for people who would like to insure their homes.
Appraisals are especially useful for many Greek property owners living overseas, who have not visited for many years. An appraisal would give them a good indication whether or not to put the property up for sale.
Banks require an appraisal when you ask to use a home or other real estate as security for a loan, because it wants to make sure that the property will sell for at least the amount of money it is lending.
Legal & Financial Advice
Lesvos Estate has a group of competent lawyers, accountants and bank managers who help clients resolve legal and financial matters.
Lawyers carry out necessary legal surveys and conduct a property title check for the past 20 years; they ensure the property is free of any mortgage notes, claims, expropriations, rights-of-way and, in general, any legal encumbrances. In addition, lawyers ensure that all property taxes burdening the vendor have been paid.
All property owners in Greece need to fill out an income tax form following the year of purchase. Therefore, the accountants we work with are recommended to complete the necessary paperwork and explain the taxation laws.
Property owners have the responsibility to privately register their property to the Hellenic National Cadastre. Please visit www.ktimatologio.gr and be informed when the area your property is located in will be included in the survey procedure.
In case a citizen does not submit an ownership declaration during the cadastral survey procedure, their property is registered in the National Cadastre as of an “unknown owner”.
Provided that the citizen holds official legal deeds, he/she can request the correction of the relevant registration even after the completion of the cadastral survey. Up to now, the correction was possible only through a strict, expensive and time-consuming procedure.
Corrections of this type will be now performed through a simple, time-effective, special legal procedure (voluntary jurisdiction), in which the court decides without litigation and the procedure is completed in a very short period.
By working closely with Greek banks we provide our clients with the most competitive mortgage rates.
We provide mortgages for the following:
- The purchase of Greek property
- The purchase of Greek land
- The restorations-renovations of Greek property
Public Notaries- Land Registry
A public notary is a government-appointed lawyer who processes and certifies all real estate transactions, including drawing up and reviewing all official documents, to ensure the legal transfer of the property.
The land registry office needs a copy of the title, and the certificate from the Registry of Mortgages to register the property under the buyer's name.
Civil Engineers- Architects
Civil engineers/Architects design and supervise the construction of buildings. They must consider many factors in the design process, from the construction costs and expected lifetime of a project to government regulations and potential environmental hazards such as earthquakes and hurricanes. They also design topographic plans and apply for building permits of properties.
As everyone has individual requirements we are now in the position to tailor your needs from simply holding your key to a full management program that you can personally choose one that suits you. We take care of you property so you can relax.
- Provide assistance with sorting out daily queries/problems and provide help in establishing the right contacts.
- Registration for electricity and water supply.
- Application for a telephone connection.
- If required we can provide your property with security systems.
- Our repair and restoration service is available at all times.
- Our electricians, plumber, carpenters and other craftsmen are reliable and undertake almost every job.
By agreement we can purchase furniture, decorative items and other equipment for your property. If requested we can pay your water, electric bills, telephone bills and your taxes while you are absent from your property. In the past years we have paid clients bills and this service we provide free of charge.
We are in cooperation with a very reliable insurance company to provide our clients with the best policies available. Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance.