Property Law

Our Practice Areas

At I. E Papaioannou and Associates, we provide comprehensive legal services for clients looking to buy, sell, or invest in commercial properties. Our experienced property law team is equipped to assist with all aspects of the process, from negotiating terms and conducting due diligence to preparing and finalizing sale contracts.

Whether you are looking to purchase a commercial property as an individual or a corporation, our team will work with you to secure the best deal possible. We will guide you through all the legal requirements and provide support throughout the process, including conducting searches and negotiating heads of terms. In addition to property sales and purchases, our team is equipped to assist with business acquisitions and disposals, as well as investment deals with existing tenants, and funding arrangements.

Property law in Greece is governed by the Greek Civil Code, which outlines the legal framework for the ownership, transfer, and use of property in Greece. Here are some key points about property law in Greece:

1. Property Ownership: In Greece, property ownership is absolute, meaning that the owner has the right to use, enjoy, and dispose of the property as they see fit, within the limits of the law.
2. Property Registration: All property in Greece must be registered with the Land Registry, which maintains a public record of all property titles and transactions. Property transfers must also be registered to be legally recognized.
3. Property Taxes: Property owners in Greece are subject to various property taxes, including a property tax, a municipal tax, and a tax on transfer of property.
4. Property Rights: In Greece, property can be owned jointly by more than one person, and these co-owners have equal rights to use and enjoy the property. Additionally, property can be subject to various types of rights, such as easements, mortgages, and liens.
5. Property Disputes: If a property dispute arises in Greece, it can be resolved through the court system. The court will consider the evidence presented by both parties and make a decision based on the law and the facts of the case.
6. Foreign Ownership: Non-Greek citizens are allowed to own property in Greece, subject to certain restrictions. For example, non-EU citizens must obtain permission from the Greek Ministry of Defense before purchasing property in certain areas near the Greek border.

It's important to note that property law can be complex and subject to change, at I.E Papaioannou & Associates we offer legal professional advice to any questions or concerns about property ownership or transactions in Greece.