A power of attorney can make a remote property purchase possible. The important question, however, is not simply whether your representative can sign. It is which decisions that representative can make without returning to you for approval.
Before executing the document, separate routine administration from decisions that change your investment. The following is a drafting checklist to discuss with your Greek lawyer and the notary handling the transaction, not a ready-made power of attorney.
Identify the property and the permitted transaction
A broad reference to buying property in Greece may be convenient, but it does not explain your commercial limits. Ask whether the instrument should identify the property, seller, ownership right and permitted purchase price, and how those details will be reconciled with the final deed.
Keep the Santheos ST project number in the coordination file, but do not treat that marketing identifier as a substitute for the legal property description. The deed, registry references and technical documents must identify the actual property being acquired.
Ask your advisers what happens if a registry correction is needed. A power to correct a clerical description should not be assumed to authorize buying a different unit or accepting a materially different ownership right.
Separate signing authority from spending authority
Make a list of the actions the representative may need to perform: obtain documents, communicate with authorities, sign a deed, arrange registration, receive notices or submit an application. Then review payment powers separately.
Questions worth answering in writing include:
- May the representative approve a price increase or an additional fee?
- May they make payments, receive refunds or change the receiving bank account?
- May they acknowledge that the seller has been paid in full?
- What evidence must be supplied before a payment-related signature?
- Which decisions require your written approval, and will those limits be effective in the executed instrument?
Do not assume an email instruction automatically limits a wider notarial authority. Ask the drafting lawyer how the intended safeguards should be expressed and how the notary and other parties will apply them.
Review powers that can change your rights
Amending a contract, accepting handover, settling a dispute and waiving a claim are different from collecting a certificate. Check whether any of these powers are included intentionally.
Also ask whether the representative may appoint another person, sign on behalf of more than one party or continue acting after the particular purchase is complete. The lawyer should explain conflict safeguards, the duration of the mandate and the procedure for ending it. Do not assume that informing the representative alone completes every notice or revocation requirement.
Confirm the execution route before booking
The Greek Ministry of Foreign Affairs’ London service page, “Power of Attorney,” requires the principal’s physical presence, identity documents, an advance draft and an appointment. It also describes jurisdiction restrictions for that particular office. These are consular-service instructions, not universal conditions for every overseas buyer. The page has no visible publication date; it was checked on 15 September 2026. Official London instructions.
The Ministry’s Korea guidance likewise asks for a draft prepared by a Greek lawyer or notary and addresses an interpreter where the principal cannot read or write Greek. Confirm the requirements of the office actually handling your document, including any alternative local-notary route and authentication or translation requirements. Official Korea instructions, undated service page checked 15 September 2026.
A practical example: approving a variation
In a hypothetical purchase, the buyer authorizes a representative to sign the agreed deed. Before signature, the seller proposes substituting a parking right. That is not merely a scheduling issue. The representative should escalate the proposed change, obtain the legal description and price implications, and have the lawyer assess whether the existing authority covers it. This example is not an actual Santheos transaction or approval case.
For Santheos coordination, request that the property-specific authority and supporting transaction documents be checked by the company’s internal legal and risk-control team alongside your appointed advisers. Keep a final signed copy and a decision log accessible to the buyer.
For the broader process, see our remote-purchase workflow and investor FAQ.
