MORTGAGES AND LOANS
We can arrange for finance,
loans and mortgages through the majority of major Greek banks in
Crete. Most of these services, as in most European countries, will
require you taking out some insurance on your house or property.
It is important to note that this can be quite a drawn out process and it can mean a lot of paperwork.
TRANSFERRING MONEY
We work with Foreign Currency Direct (Colm Gilhooly) for transferring money from the UK at better rates, so contact us for more details.
We do also deal with some independant financial advisors in the UK, who arrange mortgages for foreign properties, so do ask us for advise.
HOUSE INSURANCE
House insurance in Crete is in
inself another important issue. This should be something you include
automatically in your initial budget, as Greek insurance rates are
still very competitive, in comparison with other European countries.
We work with most of the
banks and insurance companies throughout Greece and also have some good offers for house insurance.
BANK ACCOUNTS
We also suggest you open
bank accounts here in Crete (or Greece in general) and can help you to do this. A lot
of our customers feel happier organising direct debits from their
accounts to pay bills here, as this provides more control over your home abroad.
ACCOUNTANTS
To be even more secure,
some of our customers are appointing accountants, here in Greece.
There is a European standard, so it is easy to understand the accounting
practice and it helps you keep on top of any tax declarations that
need to be made. We have people here in the village who can help
so please ask for more details.
WILLS AND TITLES
Another point to bear
in mind is for people buying a house jointly who are not married.
If something happens to one of the owners, it is vital that you
have made a will not only in your own country, but also here in
Greece. This will allow the property to be transferred directly
to the surviving owner. If a will has not been made and something
happens to one of the owners, the property will automatically go
to their next of kin.
MAINTENANCE FEES
We do offer maintenance of property services too for your property in Crete, but this all depends on the size of the investment and the time needed to maintain the property.
All of this is possible, so do ask us for a maintenance quote before or after buying your property.
Please contact
us for further information on buying property in Crete.
