Real Estate Blog - buyer

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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Notary’s Fees

07 Feb 2015

The notary prepares the deed which is signed in the presence of the parties and their lawyers, if appointed. The notary verifies the legitimate presence of the parties or their proxies, in case they are represented and attaches to the notarial act all the documents submitted. Following the contract...

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Restrictions on the acquisition of property rights (ΙΙ)

20 Jan 2015

B. Defence areas - Maritime forts   The prohibition regarding the acquisition of property located in defence areas or maritime forts is the other restriction laid down by the provisions of the Law 1892/1990 which still remains valid. It refers to specific areas of the country including Crete, which are...

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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 a...

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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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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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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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