Real Estate Blog
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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.
How to open a bank account in a Greek bank
24 Apr 2019 (originally 05 Nov 2015)
Instructions on how to open a bank account in Greece as a foreign resident. List of all the required documents needed for the procedure.
Read moreProperty on a designated forestland in Crete
15 Apr 2019
New Forest Maps in Crete. Certain properties in Chania region, Crete, plots or built properties have been registered as forest or grassland in the recently published forest maps. Property owners are entitled to contest their property's forest character before the Forest Office of Chania and defend their cases before the Forestry Committees.
Read moreVillas in Crete
07 Apr 2019
Guidelines and explanations about which types of properties are considered to be Villas, based on a series of criteria and specifications of houses for sale in Chania, Crete. Key features and characteristics that we meet at a villa in Chania, Crete.
Read moreResidence permits for expats after Brexit
23 Mar 2019
Information provided by the Greek government to British expats for the validity of the residence permit in Greece. For the moment, British with property in Crete can use their residence permits already issued.
Read moreHellenic 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...
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