There is more than one secret to it. Actually, there are three secrets you should know before making any decisions to buy property; we will be happy to share them with you.
The first secret is: let other people do the work for you; no matter how experienced you might be with houses and real estate, you should outsource the job. The reason we favor this option is the complication that lies behind real estate in Greece. Real estate is not a simple matter anyway, but especially in Crete, bureaucracy and the Greek Law take a lot of time to harness and the learning curve is huge. Basically, no matter how serious you are about this, you should always consider it as a turn-key solution – you have to leave the work to the local people who are very experienced in dealing with such Projects end-to-end. This is how our Staff in Lamda constructions works; we have open communication channels with the Greek Tax offices, the local civil engineering administrators and the Greek banks. It is much easier for us to go through the red tape and follow local procedures in order to have everything legally covered for you in the shortest possible timeframes. You can always ask us if you have any questions, now.
The second secret is: if you consider buying a house, never get into buying an old house, no matter how beautiful and picturesque it might look. There are many reasons for this, and although a beautiful picture many times beats logic and creates emotions, you should reconsider quickly. We will lay out some reasons for you, and you can always ask us online if you have any questions, or you have something in mid you wish to discuss. Local people usually do not appreciate when others buy their property that used to belong to their parents and grand parents; there will always be people who sell their property, but selling traditional property to a foreign person creates negative feelings to the locals who consider it mainly unethical. Another reason is safety; you could never know how safe these houses are. On the one hand you may get the green light from a Civil Engineer as far as house safety is concerned, on the other hand even if this is the case most of these houses lack insulation and you will definitely run into trouble by October when the weather gets breezier and there is more moisture. Also, when it comes to insurance, you will find that the price to pay is very high, especially if you decide to insure for natural disasters (severe weather, earthquakes etc.)
The third secret is: buy your house or villa before it gets built; this way, you can choose many characteristics of the house you are going to buy, choose how the exterior will look, select tiles for the bathroom, etc.
In this framework, you can go ahead and consider your property investment.
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