Our firm has handled numerous cases involving real estates owned by construction companies or real estate development companies or private individuals.

We typically mention the following:

·      Financing of land and building purchase and development plans;

·      Real estate purchase and sales;

·      Professional Leasing agreements;

·      Management, lease, rent collection etc. with regard to real estates in Greece owned by foreign citizens;

·      Sale and lease back;

·      Real estate leasing;

·      Hotel and tourist facilities development contracts;

·      Tourist facilities restructuring contracts;

·      Building construction contracts.

REAL ESTATE PURCHASE AND SALE AGREEMENTS 

The acquisition of real estate property in Greece is subject to the following formalities:

Legal investigation of the ownership titles held at the Land Registry or the Mortgage Registry;

Investigation of the applicable construction terms (with respect to plots of land);

Execution of a notarized deed of transfer and conveyance thereof to the Land Registry or Mortgage Registry.

PROFESSIONAL REAL ESTATE LEASE  

In Greece the protection of professional lease is governed by PD 34/1995.

The minimum term of ay professional lease is 5 years, even if the lease agreement is executed for a shorter term. Upon lapse of the 5-year term, the Lessee is liable to indemnify the Lessor, otherwise the lease is extended for 3 additional years.