Real Estate Blog - Market
Reduction of the notary’s fee
02 Nov 2015
Pursuing the joint ministerial decree 72386/8-10-2015 published on the 9th of October 2015, the previous decree 11376/31−12−2011 concerning the notary’s fees, was modified, so that paragraph 1 of article 1, according to which the notary’s fee for a transaction amount up to 120.000,00 Euros was...
Read moreBe a farmer for a day in Crete...
14 Sep 2015
Emily Payne Shy, directionless squeezing is not the way to bountiful buckets of milk. That’s what occurs to me, high in the sweet and fertile heartland of Crete, as I try to get to grips with the ancient art of goat-milking. Retaining a purchase on the teat while avoiding being nipped or kicked demands...
Read moreHouse prices in Greece back to their 1999 levels
10 May 2015
2015 may not be the end of the world as we know it, but one thing is perhaps certain: it’s the end of the free-fall in prices home owners have suffered the past years. Nationally since 2007, home prices have dropped about 45%, in the hardest hits areas 55% or more. In 2014 prices fell slightly compared...
Read moreIncreasing interest in Greek property market
28 Apr 2015
The economic recession observed in Greece in the past five years has admittedly prevented people of considering it as a promising investing target. Property buyers were among them. Irrespective of how much you may enjoy holiday under the unique Greek light, putting money on a secondary residence still...
Read moreHoliday home rentals - EOT licence
26 Mar 2015
Pursuant to the Law 4254/2014 the houses of a surface of at least 80 sqm, with an independent external access, which are self-efficient and independent residences on independent plots (therefore not belonging in the category of the basic hotel tourist accommodation) are considered as Tourist Furnished...
Read moreGreece may strengthen the European Union
26 Mar 2015
For the past five years we have lived with such insecurity that whatever does not lead to a direct worsening of the situation passes for a victory. This is the case with last week's mini-summit in Brussels, which – one month later – reaffirmed the Eurogroup agreement of February 20. Only this time,...
Read moreResidence 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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