Greek Real Estate Market and  Financial Crisis: The economic crisis concerning Greece’s future in the  Euro zone  continues.  Greece is struggling to pay back huge loans from European countries and the IMF  that  helped keep the nation afloat. Greece is in a difficult financial situation indeed. Real estate, for many decades the “stream engine” of the Greek economy, should at last, be...

Law 4251/2014 concerning  Greece Permanent Residency Permit for Investors  amended by the law 4332/2015 (valid from July 2015) offers the possibility of granting residence permits to third country nationals (and their family members), who proceed to the purchase of real estate property in Greece whose value exceeds 250,000 Euro. Specifically: A.   "Permanent residence permit of the investor."...

ARENCORES decodes the complexity of Greece’s property law provisions and property declaration -regulation procedures. This article, part of an informative collection, outlines illegal structures and defines the necessary procedures to establish property legality  and understand better the necessary property declaration procedures.   A GUIDE TO THE GREEK PROPERTY LAW As an engineer who has been...

Energy Performance Certificate (ΠΕΑ) is one of the mandatory requirements set by the European Directive on Energy Performance of Buildings (2002/91/EC). The Energy Performance Certificate is a part of a sophisticated platform to establish insights on buildings energy performance and mitigate the energy consumption (lower carbon footprint) on new structures by quantifying specific minimum requirements...