Real Estate Blog - home owners
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...
Read moreHorizontal Ownership
06 Feb 2015
Horizontal Ownership is established when the owner of a building divides it in more than one independent properties, attributing a specific percentage of co-ownership on the plot and the building's common parts (roof, yard etc.) in each one of them.The most common type of horizontal property is the one...
Read moreVertical ownership or vertical co-ownership
01 Feb 2015
A vertical property consists in the separate ownershipin one of many independent buildings or in parts of buildings which have been constructed in a single plot. This type of s eparate ownership refers to the building, while there is common ownership by specific percentages on the whole plot and...
Read moreEnergy Performance Certificate
12 Jan 2015
Buildings are responsible for 40% of energy consumption and 36% of CO2 emissions in the EU. While new buildings generally need less than three to five litres of heating oil per square meter per year, older buildings consume about 25 litres on average. Some buildings even require up to 60 litres. Currently,...
Read moreResidence 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...
Read moreSuccession in Greece
06 Oct 2014
Inheritance in Greece Inheritance issues involving property located in Greece are governed by the law of the foreign decedent's nationality, therefore if according to his country national law the applicable law regarding inheritance is that of the country where the property is located then Greek...
Read moreEngineer's Certificate
22 Jul 2014
The implementation of the Law 4178/2013, changed the status of transferring property rights significantly. With this legislative measure, the state transferred the responsibility and the cost of safeguarding the legality of a property from the competent services, firstly to the engineer and secondly...
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