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.

 

 

 

Residence permits for real estate owners in Greece - Documentation

23 Feb 2015

Applicants for a residence permit for real estate owners, valued at €250.000, must provide the following documents: Two copies of the application document; Two recent colour photos; Certified copy of a valid passport or travel documents recognised by Greeceand with the relevant valid entry visa,...

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Purchase of a property - The necessary authorisation

23 Feb 2015

If you wish to proceed to the purchase of an estate property, it's advisable to appoint a Greek representative to help you through all the stages till completion, which mainly include applying for a Greek tax number and opening a bank account in a Greek bank, to be used to move your funds related to...

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The property preliminary agreement

21 Feb 2015

The preliminary agreement for ​the ​transfer or real estate property is a ​ contractual​  legal act under which the seller and alleged owner of the ​ transferred ​property, promises to the prospective buyer to appear and sign before the notary the final purchase contract. The main features of the preliminary...

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Right of exclusive use on a property

19 Feb 2015

The exclusive (separate) ownership on a floor or a part of a floor (apartment) which is enforced by the articles 1002 of the Greek Civil Code and 1 etc. of the Law. 3741/1929 is legally an exception to the rule "superficies solo cedit", included in the article 1001 par. a`of the Greek Civil Code. Consequently,...

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Home insurance

18 Feb 2015

Our home is one of our most important assets. It is one of our most precious assets in which we have invested both financially and emotionally. However, it is daily exposed to numerous risks caused by natural or man-made factors. Fire, explosion, earthquake, floods, burglary are unpredictable dangers...

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Abolition of Compulsory representation by lawyers in property transfer notary's acts

14 Feb 2015

By virtue of the Law 4093/2012,​ the representation by a lawyer in real estate transfer acts became optional for all parties since January 1, 2014. Practically this means that the parties may appear before the ​notary  in order to sign the contract without prior legal control of the property ​ to be​...

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Establishing vertical properties in parcels outside the settlement limits

08 Feb 2015

The answer to the legal question whether a vertical ownership may be established in land located outside the city or village boundaries, where the general urban planning regulations for land parcels are applied, has been negative till very recently. The possibility of establishing vertical propertieswas...

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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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