Real Estate Blog

Broosco Blog.pngKeep 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.

 

 

 

House prices in Greece back to their 1999 levels

10 May 2015

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...

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Property Transfer Tax in south and north Europe

02 May 2015

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...

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Increasing interest in Greek property market

28 Apr 2015

The economic recession observed in Greece in the past five years has admittedly prevented people of considering it as a promising investing target. Property buyers were among them. Irrespective of how much you may enjoy holiday under the unique Greek light, putting money on a secondary residence still...

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Holiday home rentals - EOT licence

26 Mar 2015

Pursuant to the Law 4254/2014 the houses of a surface of at least 80 sqm, with an independent external access, which are self-efficient and independent residences on independent plots (therefore not belonging in the category of the basic hotel tourist accommodation) are considered as Tourist Furnished...

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Greece may strengthen the European Union

26 Mar 2015

For the past five years we have lived with such insecurity that whatever does not lead to a direct worsening of the situation passes for a victory. This is the case with last week's mini-summit in Brussels, which – one month later – reaffirmed the Eurogroup agreement of February 20. Only this time,...

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Αcquisitive prescription

27 Feb 2015

Acquiring property rights in Greece may be an oral, non-written procedure, that is, not necessarily through a notary's transfer act. In fact "oral" property transfer was the rule back in the 19th century. That is the reason why it's very frequent when it comes to deed searching in case of a legal review...

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What is an Apostille?

23 Feb 2015

Apostille is the documentary device by which a government department authenticates a document as genuine, thereby legalizing it for use in another member country under the terms laid out in 1961. Once a document has been Apostilled, thereby providing official government authentication of the signatures...

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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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