Real Estate Blog
Keep 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.
Hellenic Cadastre toward completion – HOW property in Chania Crete is affected
10 Mar 2019
Τhe Hellenic Cadastre is gradually expanding all over Greece. Announcements and Instructions regarding the property owners' obligation to submit the relevant declaration to the Cadastral offices are made by NCMA S.A. almost every week to keep everybody up to date. Read more...
Read moreVertical division in out-of-plan areas / Law 4495/2017
10 Mar 2019
The law 4495/2017 repeats the provisions of the law 4178/2013 regarding the possibility of establishing "vertically divided properties" in out-of-plan areas as long as these properties are built before the 28-07-2011. Many property transfers in the region of Chania, Crete, referring to out-of-plan real estate properties, are made possible thanks to this legislation. Read more...
Read moreIs Greek property market finally leveling out?
01 Mar 2019
Recovery in property prices gains traction as economy improves After almost ten years of falling house prices, the fall is slowing down and seems that things are finally turning around. The protracted downturn in Greece’s property market has gradually eased from 12.08% in 2012 to 2.2% in 2017 and, according...
Read moreHow to ensure the building capacity of a land parcel
11 Dec 2018
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...
Read moreSelling a tenant-occupied property
02 Nov 2018
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...
Read morePhotos of Your Home Matter in Real Estate
11 Oct 2018
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...
Read moreGreece 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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