Best Commercial Real Estate Lawyers in Marousi

About Commercial Real Estate Law in Marousi, Greece

Marousi is a prominent suburb of Athens, known for its vibrant commercial activity and significant presence of multinational companies, retail centers, office buildings, and logistics hubs. Commercial Real Estate (CRE) law in Marousi, as in the rest of Greece, centers around legal matters relating to the sale, purchase, leasing, development, zoning, and financing of property used for business purposes. Given Marousi’s status as a booming commercial district, legal issues in this area can be complex and require specialized knowledge of both local and national regulations.

Why You May Need a Lawyer

There are several situations where legal advice and representation are strongly recommended when dealing with commercial real estate in Marousi. Some common scenarios include:

• Purchasing or selling office buildings, retail spaces, warehouses, or industrial properties.
• Negotiating and drafting commercial property leases, including shopping malls and mixed-use developments.
• Managing disputes regarding boundaries, easements, or title to the property.
• Ensuring compliance with urban planning, zoning, and environmental regulations.
• Addressing issues with property taxes, transfer taxes, or municipal fees.
• Securing and reviewing financing or mortgage agreements for commercial properties.
• Handling permits and licensing for construction, renovation, or use changes.
• Navigating legal proceedings in the case of tenant eviction or landlord disputes.

Local Laws Overview

Commercial real estate transactions and operations in Marousi must adhere to both Greek national legislation and Attica region municipal regulations. Some key legal requirements include:

• Property Registration: All property transactions must be registered at the Hellenic Cadastre and Land Registry, establishing clear title and ownership history.
• Urban Planning and Zoning: Marousi is subject to specific zoning rules that dictate permitted uses, building density, parking requirements, and environmental considerations.
• Leases: Commercial leases are governed by the Greek Civil Code, with strict requirements regarding minimum duration, terms, rent adjustments, and tenant protections.
• Taxes and Fees: Real estate transfers are liable for transfer tax, while ongoing ownership involves property tax (ENFIA), municipal fees, and potential VAT for new buildings.
• Environmental Compliance: Development or change of use requires adherence to local environmental impact and sustainability standards.
• Foreign Investment: There are specific frameworks for non-Greek individuals or entities wishing to invest in commercial property, including anti-money laundering compliance and potential notification to authorities.

Frequently Asked Questions

What defines a commercial property in Marousi?

A commercial property is any real estate used primarily for business purposes, such as offices, shops, hotels, warehouses, or mixed-use buildings.

Do I need a lawyer to buy or lease commercial property in Marousi?

While not strictly mandatory, working with a lawyer is highly recommended. They will draft or review contracts, conduct title searches, and advise on legal aspects to prevent costly disputes.

What are the main taxes applied to commercial real estate transactions?

Buyers typically pay a transfer tax, while owners pay annual property tax (ENFIA) and possible municipal levies. New construction may also be subject to VAT.

How does zoning impact commercial real estate in Marousi?

Local zoning determines permitted uses for each plot, building heights, density, parking requirements, and can restrict certain business activities. Consult the urban planning office before buying or developing property.

Are there special rules for foreigners investing in Marousi real estate?

Yes, foreigners can invest, but may need to comply with anti-money laundering laws and file declarations with authorities. Additional requirements may apply for non-EU nationals.

What should be included in a commercial lease agreement?

Essential elements are precise property description, rent amount and adjustments, lease term, renewal options, maintenance responsibilities, permitted uses, and dispute resolution mechanisms.

Can the landlord increase rent during a commercial lease term?

Only if the lease includes a rent adjustment clause. Otherwise, rent changes are negotiated at renewal or extension.

How is property ownership verified in Greece?

Through a notary-issued title deed and verification with the Hellenic Cadastre and Land Registry to confirm the legal owner and absence of encumbrances or liens.

What are the main risks when purchasing commercial property?

Risks include unclear title, encumbrances (like mortgages or easements), zoning or building violations, hidden liabilities, and unpaid taxes. Expert due diligence helps mitigate these risks.

Is it possible to change the use of a property (from office to retail, for example)?

Changing the use requires approval from the local urban planning authority and compliance with new building, environmental, and zoning regulations.

Additional Resources

If you need further information or support, the following organizations and governmental bodies are valuable starting points:

• Municipality of Marousi: Urban planning, zoning, and municipal fees information.
• Hellenic Cadastre: Property registration and ownership records.
• Greek Ministry of Environment and Energy: Regulations on building permits, environmental guidelines, and land use.
• Greek Ministry of Finance: Information on taxes, transfer fees, and VAT for properties.
• Local Bar Associations: Listings of qualified commercial real estate lawyers in Marousi and wider Athens area.
• Chambers of Commerce: Support for business owners and investors in the commercial property sector.

Next Steps

If you are considering a commercial real estate transaction in Marousi or already involved in one, it is wise to:

• Consult with a qualified lawyer specializing in commercial property law in the Marousi area.
• Gather all relevant documents, such as deeds, building permits, tax records, and previous contracts.
• Clarify your business goals and property requirements before seeking legal advice.
• Request a due diligence review by your lawyer to identify any legal or financial risks.
• Engage with local authorities early to ensure your planned use or development is feasible within zoning and urban planning frameworks.
• Use the additional resources listed above for any official documents, guidance, or support you need during the process.

Remember, commercial real estate law in Marousi can be intricate. Securing legal counsel early on is the best way to protect your investment and ensure a smooth transaction.