The country has pledge to raise 30 billion (26.4 billion) from the sale of various state-owned properties--and Greece has many state-owned properties. This property for sale in Greece will be coming on the market in a wide range of timeframes because of Greeces decentralized property deed registry. Because there is no central location, each property that the government is considering selling must be inspected, and someone must ensure there are no defects in the title or restrictions on use of the property.

Experts at the National Bank of Greece, SA, who are among several advisors to the government regarding the property sales, are urging officials to fast-track quite a few of the properties that have already been cleared. Buyers are waiting, especially for the premier properties, and some early sales will show the governments sincerity in fulfilling its promise. Greece properties, especially those on the various islands, could bring budget relief to the country as soon as they are sold. Greece has the highest value of state-held real estate assets as a proportion of economic output, so the sale of even a portion of these could solve several problems for the governments coffers.

For buyers interested in purchasing one of these once-in-a-lifetime opportunities, now is the time to contact an offshore property investment specialist who knows the rules and regulations of buying property in Greece. This person can guide you through the purchase process, including recommending a bi-lingual lawyer who can advise you about the process and ensure that all documents are translated into your language. The lawyer is also typically the one who makes the land registry searches, although you may be able to save yourself this step--and subsequently some money--if the government has already certified clear title before listing the property for sale. This is yet another advantage to looking into the purchase of Greece properties.

When selecting a broker or real estate agent, be sure to find someone who is experienced in offshore purchases if your permanent residence is in another country. While most countries look favourably on offshore purchases, knowledge of tax rules, residency requirements, and other items can save you money every year that you own the property. Finding someone who understands how the rules work between your country of residence and Greece can make a huge difference to your financial picture, and is worth exploring.

As with any real estate purchase, the purchase of Greece property should include a visit to view the property in person. While a picture is worth a thousand words, viewing the property yourself must be worth a million. Especially for government properties, which have been off the market for a long time--in some cases, forever--walking around prior to making your decision is critical.