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Wednesday, 31 October 2012 17:39

Buying a property

1342765529 house homeBuying a property, land or apartment, still remains the dream of many people who toil for a lifetime.
Before purchasing the property check if they meet the following criteria:

a. Position.
b. Prospects for the development area.
c. Permitted land uses.
d. Large infrastructure projects under construction in the area.
e. Quality of construction and age.
f. easy access.
g. service by public transport.
h. Ability parking.

It is a fact that in order to make an intelligent and accurate market and save yourself from the pitfalls lurking should consult and collaborate with the necessarily following professionals: a Real Estate Agent, an engineer, a lawyer and finally the Notary.

The Agent, in accordance with the specifications of the set, will advise you on available-for-sale properties (location, dimensions, uses, transportation access, etc.) will show you the properties and mediators will put you in contact with the seller of the property selected for the final price formation and the initial agreement. Once the property is your final choice and before giving any advance \ engagement should definitely consult your mechanic and your lawyer.

The Engineer is the person who will look at all issues from a technical perspective and in particular:

If you want to buy Land
1. topographic chart
2. integrity and constuction area
3. building terms, coverage factor, height
4. Land Use
5. indemnity obligations or street planning,
6. structuring circumstances if undivided,
7. any commitments etc.

If you want buy apartment / business property
A. Finished : Control of the building age, construction quality, condition, any changes, violations / abuses, general and special conditions.
B. Unfinished: Supervises for the purchaser the work completed in the apartment with the specifications and requirements of building procedures

Having not a problem since the Enginneer checked, then call your lawyer.

The lawyer is required to intervene in any property purchase, whether it is mandatory by law in contracts of small value, it will take control of the legitimate range of securities, the existence of any charges (mortgage foreclosures) and demands, control Regulation and the Statute of the building, etc. Moreover, the wording of the conditions of the contract of sale is the work of the lawyers of both parties. So the lawyer transfer contracts of significant value and provides mandatory representation from each side.

Finally, according to the Greek Civil Code, the sale and transfer of property is made only by a document drawn up by the notary and then transcribed to the relevant books of the Land registry.

More in this category: « Renting a property