Real Estate Blog - home owners
Clarifications on Restrictions related to Property Transfers
05 Feb 2018
Following queries concerning the acquisition of property rights in specific areas of the Prefecture of Chania, we provide the following information: First and basic clarification: The prefecture of Chania does not belong to the border areas of the country- neither does Crete - therefore the legislative...
Read moreThe new law for illegal constructions
09 Oct 2016
The problem of illegal construction has been a serious issue for the Greek state for decades and is closely related to the way the state was formed and organised. The proposed by the Ministry of Environment and Energy bill seeks to establish a new framework of holistic view of the phenomenon of illegal...
Read moreEnergy Efficiency Certificate (EEC)
08 Oct 2016
When is the EEC required ? The EEC is required In every property sale and rental agreement. (the exception for the properties below the 50 s.m. was abolished on the 01/01/2016). It's not necessary for buildings used as factories, agricultural establishments, gas stations, workshops, warehouses. In...
Read moreThe Electronic Building Identity (EBI)
02 Oct 2016
The Electronic Building Identity (EBI) aspires to contribute to a historic change in property management to the benefit of the property owners. Although originally described in the L.3843/2010 as a new institution, due to the complexity and the need for clarification of many law provisions...
Read moreTips for signing a construction agreement
02 Nov 2015
Construction is considered to be a risky business, especially when it comes to a foreigner’s decision to construct a residence in Greece. Choosing a contractor’s offer demands a good survey of the market, a trustful engineer and a legal counselor to draft the agreement. You will often face up to practices...
Read moreRight of exclusive use on a property
19 Feb 2015
The exclusive (separate) ownership on a floor or a part of a floor (apartment) which is enforced by the articles 1002 of the Greek Civil Code and 1 etc. of the Law. 3741/1929 is legally an exception to the rule "superficies solo cedit", included in the article 1001 par. a`of the Greek Civil Code. Consequently,...
Read moreHome 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...
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