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FREE PRACTICAL GUIDE
Buying property through an online auction in Greece
Understand the journey from property assessment and registration to bidding, completion and the steps that follow a successful auction.
A free InAuction account is required.BEFORE YOU BEGIN
A successful acquisition is prepared before auction day
Buying through auction requires advance planning, disciplined assessment of limited information and close attention to formal deadlines. The InAuction guide gives international buyers a clear introduction to the decisions, documents and actions that shape the process.
STEP BY STEP
The route from opportunity to ownership
The core stages a buyer should coordinate with the relevant legal, technical, financial and auction specialists.
Assess the property and the risk
Review market evidence, total cost, available legal and technical information, possession risk and realistic use scenarios.
Register and apply
Complete registration on the official Greek auction platform and submit the required application and supporting documents.
Provide the deposit on time
The participation deposit must be paid according to the specific auction terms and deadline. Late preparation can prevent participation.
Bid with a defined limit
Bids are placed online in real time. A disciplined maximum price should be agreed before the auction opens.
Complete the acquisition
A successful bid triggers strict payment, tax, registration and legal steps, followed by possession and the property’s next use.
Requirements and deadlines vary by auction. Always verify the official terms and obtain advice relevant to the specific property before taking action.
11 pagesPractical guidance
and key questions
and key questions
INSIDE THE GUIDE
The essentials, organised in one concise resource
- How the Greek online auction process works
- Registration and the participation application
- The deposit and critical deadlines
- Online bidding and deposit refunds
- Completion after a successful bid
- Financing and the role of specialist advisers
FREQUENTLY ASKED QUESTIONS
What international buyers need to understand
Can a non-Greek resident buy property at auction in Greece?＋
Foreign individuals and legal entities can participate, subject to the required Greek tax, identification, registration and representation arrangements. Requirements should be organised well before the auction deadline.
How do I participate in an online property auction?＋
You need an account on the official auction platform, a valid application, the supporting documents required for that auction and the participation deposit within the stated deadline.
Can I inspect the property before bidding?＋
Internal access is often unavailable. Buyers therefore need to assess the available appraisal, legal and technical records and any other reliable information that can be obtained.
What happens to the deposit if I am not the successful bidder?＋
Where the participant is not awarded the property, or the auction does not proceed, the deposit follows the official refund process handled by the auction officer under the applicable terms.
Can the purchase be financed?＋
Financing may be considered towards the balance due after a successful bid, subject to the buyer, property, timeframe and lender assessment. It does not replace the participation deposit or the buyer’s required own funds.
What happens after a successful bid?＋
The successful bidder must observe strict deadlines for the remaining purchase price, transfer tax and registration steps. Possession and practical use may require additional legal or technical work.
NEED ADVICE ON A SPECIFIC PROPERTY?
Call +30 210 3000081The guide explains the framework. Our team applies it to the opportunity you are considering.
Contact InAuction to organise the next steps around a particular auction and deadline.