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.
The new law for illegal constructions
09 Oct 2016
The problem of illegal construction has been a serious issue for the Greek state for decades and is closely related to the way the state was formed and organised. The proposed by the Ministry of Environment and Energy bill seeks to establish a new framework of holistic view of the phenomenon of illegal...
Read moreEnergy Efficiency Certificate (EEC)
08 Oct 2016
When is the EEC required ? The EEC is required In every property sale and rental agreement. (the exception for the properties below the 50 s.m. was abolished on the 01/01/2016). It's not necessary for buildings used as factories, agricultural establishments, gas stations, workshops, warehouses. In...
Read moreThe Electronic Building Identity (EBI)
02 Oct 2016
The Electronic Building Identity (EBI) aspires to contribute to a historic change in property management to the benefit of the property owners. Although originally described in the L.3843/2010 as a new institution, due to the complexity and the need for clarification of many law provisions...
Read moreCross border successions
13 Nov 2015
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...
Read moreReduction of the notary’s fee
02 Nov 2015
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...
Read moreTips for signing a construction agreement
02 Nov 2015
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...
Read morePrivate Agreement
29 Sep 2015
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...
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