Real Estate Blog

European citizens’ choice to buy property in Greece has undoubtedly increased mobility of individuals within the limits of the European Union and has created several queries when it comes to the settlement of cross-borders inheritances as the application of multiple inheritance laws can create conflicts...

Construction is considered to be a risky business, especially when it comes to a foreigner’s decision to construct a residence in Greece. Choosing a contractor’s offer demands a good survey of the market, a trustful engineer and a legal counselor to draft the agreement. You will often face up to practices...

• buyer
• home owners

       Pursuing the joint ministerial decree 72386/8-10-2015 published on the 9th of October 2015, the previous decree 11376/31−12−2011 concerning the notary’s fees, was modified, so that paragraph 1 of article 1, according to which the notary’s fee for a transaction amount up to 120.000,00 Euros was...

• buyer

A Property Buyer should know...   Signing a private agreement in order to "secure" a sale is usually the first thing you will be asked to do when the deal about the purchase of a new property is closed. This is simply an agreement which aims to prevent the seller from putting his property again in the...

• buyer
• seller

Emily Payne   Shy, directionless squeezing is not the way to bountiful buckets of milk. That’s what occurs to me, high in the sweet and fertile heartland of Crete, as I try to get to grips with the ancient art of goat-milking. Retaining a purchase on the teat while avoiding being nipped or kicked demands...

• Crete

2015 may not be the end of the world as we know it, but one thing is perhaps certain: it’s the end of the free-fall in prices home owners have suffered the past years. Nationally since 2007, home prices have dropped about 45%, in the hardest hits areas 55% or more. In 2014 prices fell slightly compared...

Till December 2013 the property transfer tax in Greece raised to 9-11% on the declared sale price. Since January 1st 2014, when the Law 4223/2013 was implemented, Greece has adopted one of the lowest property transfer tax rates in Europe. (3%) As far as the annual property tax is concerned, each property...