Greek Real Estate Brokerage Fees Without a Written Contract
A question with practical consequences A real estate broker accepts an instruction by telephone, does the work and finds tenants. The leases are signed, but the principal refuses to pay....
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A question with practical consequences A real estate broker accepts an instruction by telephone, does the work and finds tenants. The leases are signed, but the principal refuses to pay....
The Greece Golden Visa enables eligible non-EU nationals to apply for a renewable Greek residence permit through qualifying investments. Legislative reforms have changed the minimum property investment amounts, introduced special...
Non-resident heirs have exactly one year to renounce an inheritance if the estate includes debts. Greek "Forced Heirship" laws prevent immediate family members from being entirely disinherited, even if a...
Three-Year Minimum Protection: All commercial leases in Greece are legally protected for a minimum of three years, regardless of what the written contract states. Stamp Duty vs. VAT: Commercial rentals...
Foreign investors must obtain a Greek Tax Identification Number (AFM) before any financial transaction or property reservation can occur. Mandatory legal due diligence requires a minimum 20-year title history check...
A Greek Tax Registration Number (AFM) and a local bank account are mandatory before buying property. Closing costs add 8% to 10% to the purchase price for taxes, notary fees,...
Legal representation is essential: Unlike in some Western countries, employing an independent Greek real estate attorney to perform due diligence is your primary legal safeguard. Tax registration is step one:...
The €250,000 Golden Visa Route: Acquiring commercial assets for conversion into residential use, or restoring designated industrial properties, qualifies foreign investors for the Greek Golden Visa at the €250,000 threshold,...
Inheriting real estate in Greece from abroad often feels like receiving a beautiful gift wrapped in miles of red tape. Whether you are part of the Greek diaspora or an...
Transfer tax savings: Direct asset purchases attract a 3.09% Real Estate Transfer Tax (RETT) on the higher of the purchase price or official objective value. Share deals of a Greek...
Mandatory 3-year minimum floor: Greek law (Law 4242/2014) enforces a statutory minimum duration of 3 years for all commercial leases. Because hotel developments require longer payback periods, operators typically negotiate...
The legal framework governing the protection of primary residences in Greece has undergone substantial transformation during recent years, particularly following banking sector reforms, insolvency restructuring measures, and the modernization of...