Real Estate Library

Establishing vertical properties in parcels outside the settlement limits

08 Feb 2015, Νομικά, by Athina Ledaki, Lawyer/Accredited Mediator (CEDR)

  The answer to the legal question whether a vertical ownership may be established in land located outside the city or village boundaries, where the general urban planning regulations for land parcels are applied, has been negative till very recently. The possibility of establishing vertical propertieswas...

Notary’s Fees

07 Feb 2015, Legal, by broosco legal team

  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...

Horizontal Ownership

06 Feb 2015, Νομικά, by Athina Ledaki, Lawyer/Accredited Mediator (CEDR)

  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...

Vertical ownership or vertical co-ownership

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

  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...

Restrictions on the acquisition of property rights (ΙΙ)

20 Jan 2015, Νομικά, by Athina Ledaki, Lawyer/Accredited Mediator (CEDR)

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

Restrictions on the acquisition of property rights (I)

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

  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...

Residence permits for real estate owners in Greece - Preconditions

16 Jan 2015, Market, by www.investingreece.gov.gr

  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...

Energy Performance Certificate

12 Jan 2015, Engineering, by broosco engineering team

  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,...

Hellenic National Cadastre

02 Jan 2015, Market, by www.ktimatologio.gr

  The NATIONAL CADASTRE & MAPPING AGENCY S.A. company is a Legal Entity of Private Law and its mission is the study, development and operation of the Hellenic Cadastre. The company was founded with a joint decision of the Minister of Economy and Finance and the Minister of Environment, Physical Planning...

Residence permits for real estate owners in Greece - who they apply to

01 Jan 2015, Market, by www.investingreece.gov.gr

  Introduction A residence permit is any documentation issued by the Greek authorities, according to which a third country citizen is given the right to reside legally within Greek territory,in accordance with the provisions of the European Union (Regulation 1030/02 as applicable). Different categories...