Certified Property Valuations in Greece

Property Valuations in Greece for Owners Living Abroad

Most of the properties we value are owned by people who do not live in Greece. Owners in Germany, the Netherlands, Belgium, Sweden and the United Kingdom inherit a family house, buy a holiday home, or decide to sell — and then discover that almost every step in the Greek system requires a certified valuation report signed and stamped by a valuer on the Greek Ministry of Finance register. A valuation prepared in your own country, however well documented, is not accepted by a Greek bank, notary or court.

You do not need to travel to Greece for this. We run the entire process remotely and deliver the signed report to your inbox, in English or Greek, with a German summary on request.

How a remote valuation works

1. You send what you have. Title deed (συμβóλαιο), topographic plan, building permit, E9 declaration. Missing papers are normal — we retrieve most of them ourselves from the Greek Land Registry, the Cadastre and the local planning office.
2. We inspect the property in person. A physical inspection is mandatory under EVS and IVS. No credible valuer issues a report from photographs, and a report without an inspection will be rejected by a bank.
3. We measure and check the legal status. Actual built area against the permit, any unpermitted works (αυθαιρεσίεσ), boundaries against the topographic plan. Discrepancies affect value and we tell you before they become a problem at the notary.
4. We compare against recorded transactions — real registered sale prices in the area, not the asking prices you see on property portals, which on the Greek islands run well above what properties actually sell for.
5. You receive the signed PDF within 5–10 working days. If a Greek bank, notary or court needs the stamped original, we deliver it to them directly.

Why a valuation from your own country will not work

Greek institutions accept reports only from valuers listed on the Ministry of Finance register of certified valuers. The report must follow Greek valuation practice, reference the Greek objective value system (αντικειμενική αξία), and be issued in a format the receiving institution recognises. A RICS report written in Frankfurt or Amsterdam meets none of those conditions, however competent the valuer. That is the single most common reason a foreign owner’s file is sent back.

Our valuations are carried out by a PeopleCert-certified valuer registered with the Greek Ministry of Finance, MSc Civil Engineer (University of Manchester), working to EVS, IVS and RICS-compliant methodology. Reports are prepared in the format required by Greek banks, including National Bank of Greece, Alpha Bank and Piraeus Bank.

Real estate appraisal or property valuation — is there a difference?

In Greece the two words describe the same thing. Clients from the United States and Canada ask for a real estate appraisal in Greece; clients from the UK, Germany and the Netherlands ask for a property valuation. Both arrive at our desk as the same instruction and produce the same document: a certified appraisal report, signed and stamped by a valuer on the Greek Ministry of Finance register, prepared to EVS and IVS standards. If you have been told you need a "property appraisal in Greece", an "official estimate" or an εκτίμηση ακινήτου, you are asking for the same report and we can issue it.

Which Property Valuation Do You Need?

The word “valuation” covers several different reports in Greece. The purpose determines the methodology, the level of documentation and the fee — so tell us the reason when you enquire and we will quote the right one.