Real Estate Blog

Broosco Blog.pngKeep track of real estate news through the valid and up-to-date articles of our partners. Legislation and planning regulations, specialized articles and views on the real estate market of Crete.

 

 

 

Notary’s Fees

07 Feb 2015

The notary prepares the deed which is signed in the presence of the parties and their lawyers, if appointed. The notary verifies the legitimate presence of the parties or their proxies, in case they are represented and attaches to the notarial act all the documents submitted. Following the contract...

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Horizontal Ownership

06 Feb 2015

Horizontal Ownership is established when the owner of a building divides it in more than one independent properties, attributing a specific percentage of co-ownership on the plot and the building's common parts (roof, yard etc.) in each one of them.The most common type of horizontal property is the one...

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Vertical ownership or vertical co-ownership

01 Feb 2015

A vertical property ​consists in  the separate ownershipin one of ​many independent buildings or in parts of buildings which have been constructed in a single plot. ​This type of ​s eparate ownership refers to the building, while there is common ownership by specific percentages on the whole plot and...

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Restrictions on the acquisition of property rights (ΙΙ)

20 Jan 2015

B. Defence areas - Maritime forts   The prohibition regarding the acquisition of property located in defence areas or maritime forts is the other restriction laid down by the provisions of the Law 1892/1990 which still remains valid. It refers to specific areas of the country including Crete, which are...

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Restrictions on the acquisition of property rights (I)

19 Jan 2015

A. Border Areas The Greek state since 1990 has introduced by law the prohibition to natural or legal persons to acquire any rights on properties located in the country's border areas. In order to carry out such property transfers the law demanded that a file is submitted by the prospective buyer to a...

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Residence permits for real estate owners in Greece - Preconditions

16 Jan 2015

The following conditions must be fulfilled to receive a residence permit: The real estate property must be owned by and be in possession of its owners In cases of joint ownership, where the value of the property is €250.000, the residence permit is only granted if the owners are spouses with undivided...

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Energy Performance Certificate

12 Jan 2015

Buildings are responsible for 40% of energy consumption and 36% of CO2 emissions in the EU. While new buildings generally need less than three to five litres of heating oil per square meter per year, older buildings consume about 25 litres on average. Some buildings even require up to 60 litres. Currently,...

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Greek Real Estate Guide

Property Transfer in Greece Step by step analysis of the property transfer procedure in Greece

Documents and Certifications Read about all the necessary documents needed for a transaction

Real Estate Glossary Real Estate Glossary with terms and definitions for greek property market

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