Real Estate Blog - Market
Home insurance
18 Feb 2015
Our home is one of our most important assets. It is one of our most precious assets in which we have invested both financially and emotionally. However, it is daily exposed to numerous risks caused by natural or man-made factors. Fire, explosion, earthquake, floods, burglary are unpredictable dangers...
Read moreAbolition of Compulsory representation by lawyers in property transfer notary's acts
14 Feb 2015
By virtue of the Law 4093/2012, the representation by a lawyer in real estate transfer acts became optional for all parties since January 1, 2014. Practically this means that the parties may appear before the notary in order to sign the contract without prior legal control of the property to be...
Read moreResidence 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...
Read moreHellenic National Cadastre
02 Jan 2015
The NATIONAL CADASTRE & MAPPING AGENCY S.A. company is a Legal Entity of Private Law and its mission is the study, development and operation of the Hellenic Cadastre. The company was founded with a joint decision of the Minister of Economy and Finance and the Minister of Environment, Physical Planning...
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 moreForeigners double investment in Greek properties
05 Nov 2014
Foreigners doubled their investment in Greek property, mostly holiday homes, in the first half of the year compared to the same period in 2013, Bank of Greece data show. In the period from January to June 2014 a total of 117.4 million euros flowed into Greece to that end, compared with 60.3 million a...
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