Real Estate Library

Holiday home rentals - EOT licence

26 Mar 2015, Market, by broosco legal team

  Pursuant to the Law 4254/2014 the houses of a surface of at least 80 sqm, with an independent external access, which are self-efficient and independent residences on independent plots (therefore not belonging in the category of the basic hotel tourist accommodation) are considered as Tourist Furnished...

Greece may strengthen the European Union

26 Mar 2015, Market, by www.ekathimerini.com

  For the past five years we have lived with such insecurity that whatever does not lead to a direct worsening of the situation passes for a victory. This is the case with last week's mini-summit in Brussels, which – one month later – reaffirmed the Eurogroup agreement of February 20. Only this time,...

Αcquisitive prescription

27 Feb 2015, Legal, by Athina Ledaki, Lawyer/Accredited Mediator (CEDR)

  Acquiring property rights in Greece may be an oral, non-written procedure, that is, not necessarily through a notary's transfer act. In fact "oral" property transfer was the rule back in the 19th century. That is the reason why it's very frequent when it comes to deed searching in case of a legal review...

Purchase of a property - The necessary authorisation

23 Feb 2015, Legal, by broosco legal team

  If you wish to proceed to the purchase of an estate property, it's advisable to appoint a Greek representative to help you through all the stages till completion, which mainly include applying for a Greek tax number and opening a bank account in a Greek bank, to be used to move your funds related to...

What is an Apostille?

23 Feb 2015, Legal, by broosco legal team

  Apostille is the documentary device by which a government department authenticates a document as genuine, thereby legalizing it for use in another member country under the terms laid out in 1961. Once a document has been Apostilled, thereby providing official government authentication of the signatures...

Residence permits for real estate owners in Greece - Documentation

23 Feb 2015, Market, by www.investingreece.gov.gr

  Applicants for a residence permit for real estate owners, valued at €250.000, must provide the following documents: Two copies of the application document; Two recent colour photos; Certified copy of a valid passport or travel documents recognised by Greeceand with the relevant valid entry visa,...

The property preliminary agreement

21 Feb 2015, Legal, by broosco legal team

  The preliminary agreement for ​the ​transfer or real estate property is a ​ contractual​  legal act under which the seller and alleged owner of the ​ transferred ​property, promises to the prospective buyer to appear and sign before the notary the final purchase contract. The main features of the preliminary...

Right of exclusive use on a property

19 Feb 2015, Legal, by Athina Ledaki, Lawyer/Accredited Mediator (CEDR)

  The exclusive (separate) ownership on a floor or a part of a floor (apartment) which is enforced by the articles 1002 of the Greek Civil Code and 1 etc. of the Law. 3741/1929 is legally an exception to the rule "superficies solo cedit", included in the article 1001 par. a`of the Greek Civil Code. Consequently,...

Home insurance

18 Feb 2015, Market, by Iacob Marinakis, Insurance Advisor

  Our home is one of our most important assets. It is one of our most precious assets in which we have invested both financially and emotionally. However, it is daily exposed to numerous risks caused by natural or man-made factors. Fire, explosion, earthquake, floods, burglary are unpredictable dangers...

Abolition of Compulsory representation by lawyers in property transfer notary's acts

14 Feb 2015, Νομικά, by broosco legal team

  By virtue of the Law 4093/2012,​ the representation by a lawyer in real estate transfer acts became optional for all parties since January 1, 2014. Practically this means that the parties may appear before the ​notary  in order to sign the contract without prior legal control of the property ​ to be​...