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 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...
Read moreProperty 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...
Read moreReset 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...
Read moreClarifications 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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