Real estate law in Greece

Real estate law is one of our firm core activities, providing comprehensive and clear advice in every type of real estate or real estate-related transaction is our prime goal. We offer our clients excellent legal support and guidance, which lead them to successful completion of their transactions.

Real Estate

The advanced complexity of real estate transactions in domestic basis demands a diverse and often highly complex set of activities in the provision of legal assistance, therefore, our practitioners cooperate with other professionals to combine expertise from fields relating to land planning, construction and engineering, direct and indirect investment, tax planning, environment and regulatory.

Our clientele ranges from private investors to real estate funds interested in various sectors including commercial property, residential, hotels, and retail, industrial and landed estates.

Key areas of our expertise and experience include Acquisitions, Notary Public Deeds and Title transfers, Building contracts, Special Procedures for private islands, Land Use, Construction and Development, Retail and commercial leasing, Long term lease, Planning applications and disputes, Subdivisions and Developments, Owners corporation and support following the purchase of real es tate.

Residential Real Estate

Our emphasis is on providing a client-driven service according to each clients need by providing accurate and direct legal advice. We have dealt with all aspects of residential property including leases, landlord and tenant matters, block and estate management and mixed-use buildings. Our expertise also covers the development, marketing and subsequent sales of residential assets in Greece. Built over many years and as a result of our long-term involvement in high value and high profile projects in Athens, Thessaloniki,  Mykonos, Santorini, Chalkidiki, and in other key areas across Greece, we have established relationships with the strategic property agents. We are well trained to absorb the relevant legislation and the various tax criteria for both developers and sophisticated buyers – often non-resident in an efficient and resourceful manner at the contract terms.

Corporate Real Estate

Our Law Firm acts for a wide variety of property owners, in many cases with substantial real estate portfolios, and advises on transactions of urban and rural land of every description, from offices, retail units and warehouses to forestry and agricultural land. We provide coherent legal advice on both domestic and international investors interested in buying or selling of investment – commercial real estate properties. We fully support the establishment of any necessary investment vehicles including real estate funds and partnerships. Our team covers all challenging issues involving complex investments and their legal and financial aspects as well as environmental and construction-related issues.

Construction & Engineering

We advise on all construction, engineering and procurement issues. Our firm has extensive experience in conventional building and engineering contracts, development agreements as well as on infrastructure and energy contracts (renewable included). Our team undertakes the drafting and negotiating construction contracts (FIDIC EPC Contracts), as also advises our clients in respect of letters of intent, memorandum of agreements, pre-construction services agreements and any other contractual arrangement to be put in place before works commence on site. We are positioned to legally support all professionals involved in the industry – investors, developers, public authority, occupier, contractors, consultants, sub-contractor and any other involved. Our goal is resolving all concerns before become controversial.

Land Planning & Environment Law

The expertise of our team on Land Planning & Environment extends to advising on all areas of planning and environmental law, regulation and policy. We work closely with all clients on their plans for the development and use of land and buildings, in order to provide them with the suitable legal advice that will ensure the success of the investment they plan.

Tax Aspects of Real Estate Transactions

Our Law Firm frequently acts as counsel in major real estate transactions. We have advised domestic and foreign clients on the tax aspects of partnerships and real estate investment trusts, as well as on complex lending arrangements designed to attract both foreign investment in local real estate and real estate investments by joint ventures and other entities. Increasingly, real estate transactions involve sophisticated partnership agreements and complex equity participations, convertible or participating obligations and debt restructurings; our finance advisors actively participate in structuring and drafting these arrangements. In Greece, local taxes on real estate significantly affect the structure of transactions and we have extensive experience in this area.