Real Estate Blog - Legal

How to open a bank account in a Greek bank

24 Apr 2019 (originally 05 Nov 2015)

Instructions on how to open a bank account in Greece as a foreign resident. List of all the required documents needed for the procedure.

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Property on a designated forestland in Crete

15 Apr 2019

New Forest Maps in Crete. Certain properties in Chania region, Crete, plots or built properties have been registered as forest or grassland in the recently published forest maps. Property owners are entitled to contest their property's forest character before the Forest Office of Chania and defend their cases before the Forestry Committees.

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Residence permits for expats after Brexit

23 Mar 2019

Information provided by the Greek government to British expats for the validity of the residence permit in Greece. For the moment, British with property in Crete can use their residence permits already issued.

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Hellenic Cadastre toward completion – HOW property in Chania Crete is affected

10 Mar 2019

Τhe Hellenic Cadastre is gradually expanding all over Greece. Announcements and Instructions regarding the property owners' obligation to submit the relevant declaration to the Cadastral offices are made by NCMA S.A. almost every week to keep everybody up to date. Read more...

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Vertical division in out-of-plan areas / Law 4495/2017

10 Mar 2019

The law 4495/2017 repeats the provisions of the law 4178/2013 regarding the possibility of establishing "vertically divided properties" in out-of-plan areas as long as these properties are built before the 28-07-2011. Many property transfers in the region of Chania, Crete, referring to out-of-plan real estate properties, are made possible thanks to this legislation. Read more...

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How to ensure the building capacity of a land parcel

11 Dec 2018

A parcel is the land located outside an approved urban plan or outside the boundaries of a settlement and can be built only under specific conditions. Consequently, before buying such a property, one should make sure that he appoints an engineer and a lawyer to check: a) the property deeds so as to clarify...

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Reset of the Property Fee Certificate (TAP) to the property transfer contracts

29 May 2018 (originally 20 Nov 2017)

The property fee is applied to all property types other than those belonging to the par.7 of the Law 2130 article 24 (communal and construction sites, public institutions, etc.). This burdens the owner on the 1st of January of each year of the property and in the case of usufruct or possession the usufructuary...

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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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