10 articles found for Real Estate in Greece

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...

International Inheritance in Greece: A Guide for Foreign Heirs Non-resident heirs have exactly one year to renounce an inheritance if the estate includes debts. Greek "Forced Heirship" laws prevent immediate...

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,...

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...

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...

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...

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,...

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 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...