Real Estate Library

How to ensure the building capacity of a land parcel

11 Dec 2018, Legal, by broosco team

A parcel is the land located outside an approved urban plan or outside the boundaries of a settlement and can be built only under specific conditions. Consequently, before buying such a property, one should make sure that he appoints an engineer and a lawyer to check: a) the property deeds so as to clarify...

Selling a tenant-occupied property

02 Nov 2018, Market, by broosco team

There are many reasons you might decide to sell your property but what should you do in case there is a tenant living in your property? Bear in mind that although you are free to decide to sell it at any time, if it is tenant-occupied you need to understand that your tenant has rights to your property...

Photos of Your Home Matter in Real Estate

11 Oct 2018, Market, by broosco team

  That saying "one picture is worth a thousand words" definitely applies also in real estate. Today, in the days of internet, the first impression buyers most often get of a home is from the photos on the websites that a property is promoted. With limited time and countless listings to review, buyers...

Greece begins a new chapter following the conclusion of its stability support programme

01 Oct 2018, Market, by European Commission

  Greece has successfully concluded a three year European Stability Mechanism (ESM) stability support programme with its place at the heart of the euro area and European Union secured. The successful conclusion of the programme is a testament to the efforts of the Greek people, the country's commitment...

Property transfer tax for buyers

21 Feb 2015, Tax, by broosco tax team (updated 26 Jun 2018)

  Property purchases in Greece are subject to taxation. Τhe purchase tax is paid by the buyer necessarily prior to signing the contract, when the transfer declaration is submitted by the parties to the local tax office, which makes an estimation of the property regardless of the declared price by the...

Reset of the Property Fee Certificate (TAP) to the property transfer contracts

20 Nov 2017, Legal, by Athina Ledaki, Lawyer/Accredited Mediator (CEDR) (updated 29 May 2018)

  The property fee is applied to all property types other than those belonging to the par.7 of the Law 2130 article 24 (communal and construction sites, public institutions, etc.). This burdens the owner on the 1st of January of each year of the property and in the case of usufruct or possession the...

Clarifications on Restrictions related to Property Transfers

05 Feb 2018, Legal, by Athina Ledaki, Lawyer / Accredited Mediator (CEDR)

  Following queries concerning the acquisition of property rights in specific areas of the Prefecture of Chania, we provide the following information: First and basic clarification: The prefecture of Chania does not belong to the border areas of the country- neither does Crete - therefore the legislative...

Renting a house through Airbnb becomes lawful – Conditions

12 Mar 2017, Tax, by Diomidis Batakis, Accountant

  The law 4446/2016 defines for the first time the terms and conditions for the short-term property leasing through digital platforms (Airbnb or others) and is effective from 1st of February 2017. Conditions The leaser or sub-leaser must be a person, registered to the “Registry of short-term Property...

The new law for illegal constructions

09 Oct 2016, Legal, by Athina Ledaki, Lawyer/Accredited Mediator (CEDR)

  The problem of illegal construction has been a serious issue for the Greek state for decades and is closely related to the way the state was formed and organised. The proposed by the Ministry of Environment and Energy bill seeks to establish a new framework of holistic view of the phenomenon of illegal...

Energy Efficiency Certificate (EEC)

08 Oct 2016, Engineering, by broosco engineering team

  When is the EEC required ?  The EEC is required In every property sale and rental agreement. (the exception for the properties below the 50 s.m. was abolished on the 01/01/2016). It's not necessary for buildings used as factories, agricultural establishments, gas stations, workshops, warehouses. In...