Real Estate Glossary - Greek Terms

Detailed property glossary. Commonly used terms and phrases of international real estate as well as specialised definitions for better understanding of the Greek property market.

Agricultural water: Agricultural water, also known as Farm water, is water committed for use in watering gardens. It is provided OADYK, different company than the one that provides the drinking water.
ENFIA: Annual property tax.
EΟΤ License (for villas): License granted by the Greek organization of tourism (E.O.T.) for the lease of touristic Villas.
Pilotis: A set of posts raising a building up from the ground. In Greece pilotis is a common area shared by all co-owners of the building.