Have a look at the contracts with the tenants and you can ask the bank for the proof/statement that they pay rent normally.
What should I pay attention to if I purchase an apartment building with tenants for my Greek Golden Visa?
I am interested in purchasing an apartment building located in Athens and use it for my Golden Visa application. The building has several tenants. I am wondering if there is anything I need to be careful about when negotiating with the current owner about the deal. Are there any risks when purchasing a building with tenants?
You need to be careful about the length of the contract between the owner and the current tenants.
When a property upon acquisition is under a rental agreement in force, the rental agreement should be subject to your lawyer’s legal due diligence. Indicative issues that should be taken into consideration are regarding the duration of the remaining lease, possible specific agreed-upon terms, lessee's rights, the initial date of the lease and everything that could create obligations and constraints for you. Another issue is the guarantee given by the lessee to the owner of the property, which must be transferred to the new owner. In any case, all the terms of the existing leasing contract should be examined carefully.
The only thing that you will need to pay attention to is that the tenants pay the agreed rent to the previous owner. Ask for rental contract and make sure to declare the new rental contract. You might need to go online and see that the tenants accepted that contract. An accountant and an experienced lawyer can walk you through this, but generally, investors purchasing property here in Greece don't have any problems with tenants. Even if a tenant doesn't pay the rent on time or not at all, a lawyer can evict him or her with a court order or file a lawsuit demanding that the tenant pays the whole amount that he might own and return the house to the owner.