ANNA A. KORAKI & ASSOCIATES – LAW FIRM

Published in Sea Travel Magazine In an effort to restrain surging prices and to secure their stability to the best possible extent, the Greek Government now introduces a novelty by creating an e- database for the country’s real estates, while paving the way for the establishment of a “Register for the Ownership and Management of Property.” Considering further the fact that many procedures that concern transfers have become more simple because of the digital transformation in the government and public sector (Tax Authorities – Land Registry – Urban Planning Services), we now see, other than foreign investors, many Greeks taking the big decision to buy property or transfer their property to their offspring by making a Parental Grant or a Donation, particularly after the increase in the price of rents.