Hellenic Cadastre – Reinforcing Transparency & Security in Property Transfers. A guide for Chania real estate buyers, investors and sellers.
The Hellenic Cadastre plays a pivotal role in the Greek real estate sector by providing clear and definitive demarcation of State and municipal properties.
This system significantly reduces bureaucracy, streamlining and expediting real estate property transfer procedures.
Furthermore, the Hellenic Cadastre enhances the overall real estate market by increasing transparency and security in property transactions, which in turn raises property values. These improvements make the Greek real estate market more attractive to significant investments, fostering economic growth and development.
The Hellenic Cadastre introduces groundbreaking innovations, establishing it as a pivotal project for Greece. This initiative brings significant benefits to citizens and the Hellenic economy, enhances transparency in real estate transactions, and contributes to environmental protection.
The Hellenic Cadastre, established under Law 4512/2018, replaces the National Cadastre and Mapping Agency S.A. as a public entity headquartered in Athens. Supervised by the Minister of Environment and Energy, it oversees seventeen cadastral offices across regions, with additional branches in major cities and islands, operating on a self-funded basis.
Purpose and Functions: The primary objective of the Hellenic Cadastre is to maintain a comprehensive system of information, ensuring the transparency and security of real estate transactions. It achieves this by recording legal and technical details, accurately delineating property boundaries, and publishing associated legal rights. Key functions include:
Beyond its core responsibilities, the Hellenic Cadastre:
By fulfilling these multifaceted roles, the Hellenic Cadastre plays a pivotal role in modernizing and streamlining real estate governance in Greece, promoting transparency, efficiency, and reliability in property transactions.
Assured and Permanent Title Deed Confirmation: Ensure secure and irrevocable title deed validation.
Streamlined and Cost-Effective Administrative Processes: Liberation from cumbersome and costly bureaucratic formalities.
Efficient and Simplified Real Estate Transfers: Expedite property transactions while reducing associated expenses and time investment.
Prompt and Secure Expropriation and Compensation Procedures: Assure swift and secure processes for expropriations and compensations.
While beginning your home search in Chania or Rethymnon online is a useful first step, it’s essential to involve a real estate professional to truly find and secure your ideal home.
Online research can provide a general idea of the market, but the expertise of a real estate team like ARENCORES is invaluable for navigating the complexities of the local market and making informed decisions.
ARENCORES assists in determining your budget and offers insights into property availability and market trends, ensuring you understand how much house you can afford and what types of homes are within your price range.
One of the key advantages of working with ARENCORES is their access to off-market properties, giving you the opportunity to discover and secure great real estate deals in Chania and Rethymnon before they become available to the general public.
This early access, combined with personalized service tailored to your needs, ensures a smoother and more successful home-buying journey. From initial consultation to property tours and final negotiations, ARENCORES provides expert guidance, maximizing your chances of finding and securing your dream home in Chania, Crete.
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