Real Estate Blog

Keep track of real estate developments 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.

Restrictions on the acquisition of property rights (I)

19 Jan 2015

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 to...

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Residence permits for real estate owners in Greece - Preconditions

16 Jan 2015

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...

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Energy Performance Certificate

12 Jan 2015

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,...

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Hellenic National Cadastre

02 Jan 2015

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...

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

01 Jan 2015

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...

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Foreigners double investment in Greek properties

05 Nov 2014

Foreigners doubled their investment in Greek property, mostly holiday homes, in the first half of the year compared to the same period in 2013, Bank of Greece data show. In the period from January to June 2014 a total of 117.4 million euros flowed into Greece to that end, compared with 60.3 million...

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Succession in Greece

06 Oct 2014

Inheritance in Greece Inheritance issues involving property located in Greece are governed by the law of the foreign decedent's nationality, therefore if according to his country national law the applicable law regarding inheritance is that of the country where the property is located then Greek inheritance...

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Greek Real Estate Guide

Property Transfer in Greece Step by step analysis of the property transfer procedure in Greece

Documents and Certifications Read about all the necessary documents needed for a transaction

Real Estate Glossary Real Estate Glossary with terms and definitions for greek property market

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