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.

 

 

 

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

01 Oct 2018

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...

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Property transfer tax for buyers

26 Jun 2018 (originally 21 Feb 2015)

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...

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

29 May 2018 (originally 20 Nov 2017)

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 usufructuary...

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Clarifications on Restrictions related to Property Transfers

05 Feb 2018

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...

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Renting a house through Airbnb becomes lawful – Conditions

12 Mar 2017

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...

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The new law for illegal constructions

09 Oct 2016

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...

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Energy Efficiency Certificate (EEC)

08 Oct 2016

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...

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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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