What You Should Know Before Buying Property in Attica

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Attica offers exceptional opportunities for buying property — but the right preparation makes the difference between a successful investment and a costly experience. Here are the key points you need to check.
1. Legal Due Diligence
Before any purchase, your lawyer must check the title deeds, any encumbrances or mortgages, the cadastral status, and the legality of the construction. Especially for older properties, the urban planning check is critical.
2. Location & Prospects
Location determines future value. Consider the proximity to public transport, schools, shopping centers, and the natural environment. Areas close to new infrastructure (metro, highways, urban regeneration projects) tend to appreciate in value faster.
3. Property Condition
Assess the structural condition, the electromechanical installations, the insulation, and the window frames. An engineer can identify hidden problems that will cost you in the long run.
4. Taxation & Costs
Beyond the purchase price, factor in the transfer tax (3,09%), notary fees, legal fees, and cadastre fees. These can add 5-8% to the total cost.
5. Purpose of Purchase
Clarify your goal — owner-occupancy, long-term rental, short-term rental, or Golden Visa. Each purpose requires a different strategy for property selection, location, and budget.
The Role of the Right Advisor
A trusted property advisor does not simply find properties — they protect your investment. They coordinate lawyers, engineers, and notaries, ensure that every step is done correctly, and guide you toward decisions focused on long-term value.
Residences supports every buyer with full guidance — from the first visit to the handover of keys.
This content is purely informational and does not substitute for specialized legal, tax, or investment advice. For each specific case, working with qualified professional advisors is recommended.
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