Useful information on property leases

Useful information about real estate leases Real estate leases are freely entered into between property owners and tenants, for a specific period of time or for an indefinite period of time. Current legislation has specific provisions regarding rent, the payment of this and the readjustment of the agreements between the two sides. Let's look a little more in detail at the most basic points. What applies...
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Telecommuting has brought about changes in the real estate market

Changes in the real estate market brought about by telecommuting Telecommuting was and continues to be used as an emergency solution due to the coronavirus pandemic. However, there are many signs that lead us to the conclusion that telecommuting from home is here to stay. It is going to be used more and more in the future, a fact that creates changes in the market...
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Real estate prices continued their upward trend and 2020

Real estate prices continued their upward trend and 2020 The Greek economy may still be suffering from the economic crisis and the effects of the coronavirus pandemic, however, the real estate market shows a positive development. According to the data of the Bank of Greece, property prices the 2020 increased by 4,2% in relationship...
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Commercial property leases

The legislative provisions on commercial real estate leases: Commercial property leases are between the property owner and the tenant, who is interested in using the property as a business premises, for legitimate commercial use. The specific leases are legally governed both by the agreements written in the lease, as well as from the more general provisions of the Greek Civil Code. Trade distinctions...
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Golden Visa: The alternative way of taxation brings an increase in demand for real estate

Golden Visa: The alternative method of taxation brings an increase in demand for real estate The real estate market in Greece has been on a steady recovery course for the last few months, after a period of prolonged inactivity and decline in indicators that lasted for years. This fact seems to be due to the revival of interest in buying mobile phones from residents abroad, who are considering relocation...
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The new shopping centers are changing the image of the capital

The new shopping centers are changing the image of the capital: Significant investments are expected to be made in the next period in Attica, offering a new image to the capital. "Protagonists" in this investment boom are the shopping centers which are also expected to cause significant changes in the retail sector as well. Apart from the renovations and expansion works in the existing malls,...
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THE NEW OBJECTS AT THE END

The new objective values ​​that are expected to come into force at the beginning of next year are now just around the corner, but also any interventions - reductions in ENFIA, as the government decided to start updating real estate prices again, a process that had been "frozen" due to the pandemic. The appraisers appointed by the ministry...
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TA 6 SOS POINTS ON FORCED RENT REDUCTIONS AGAINST 40%

Six important issues that had arisen and had to be resolved several months ago by the Ministry of Finance, as they involved a large number of leases (commercial and residential) for which the forced rent reductions applied against 40%, are fully clarified by a joint decision recently signed by four ministers. The decision has retroactive effect, since March of this year, when they started to...
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INCREASED 20,6% THE CONSTRUCTION ACTIVITY

The upward trend in construction activity was maintained in July, despite the given absence of demand in the real estate market due to the pandemic. According to the data announced yesterday by the Hellenic Statistical Authority for this particular month, total construction activity amounted to 2.116 Building permits, corresponding to 479,2 thousands of sq.m. surface and 2.248 thousands of cubic meters of volume, registering a rise by...
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HOME SALES PRICES INCREASED EVEN DURING LOCKDOWN

The upward trend of house prices registered a significant slowdown during the second quarter of the year, however, the rate of increase remains significant if we take into account that in this particular period the economy and certainly the real estate market were underperforming due to the measures to limit the coronavirus pandemic. According to the data announced yesterday by the Bank...
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LAMDA DEVELOPMENT: TA NEXT STEPS FOR GREEK

The implementation of a series of postponing sects remains for the work of the Metropolitan Intervention in Hellinikon to begin. As stated in the financial report of Lamda Development for the results of the first half, in order to start the implementation of the redevelopment, it is necessary to complete the distribution of the individual parts of the property among its co-owners, to be transferred to Elliniko S.A. his real rights...
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Greek: THE NEXT STEPS OF LAMDA DEVELOPMENT'S INVESTMENT

The bulldozers are warming up their engines, the moment when they will enter the area of ​​the former Ellinikos airport this time is not long", reports to the Athenian/Macedonian News Agency a financial analyst who has been carefully following this particular investment since its inception, wanting to highlight the progress that has been made in the last period of time. Almost nineteen years since the last takeoff...
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PROPERTY SALES PRICES INCREASED – HOW MUCH ARE THEY COSTING YOU 68 AREAS, WHERE THERE IS GREAT DEMAND AFTER THE PANDEMIC

The truth is that the "explosion" of demand - on the verge of distortion -, especially in areas of high tourist interest, had subsided before the pandemic broke out, however, the data from the Bank of Greece confirmed that the upward trend in sales and prices is not reversible. Of course, the quarantine and the general shock to the economy could not leave the real estate market and the question unaffected..
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COMPLEX 400 OF RESIDENCES IN VOULA FROM HINES, HENDERSON

Investment totaling more than 200 million. euro in Voula promotes the investment scheme consisting of the American real estate development group Hines and the European real estate investment group Henderson Park. The investors announced yesterday the acquisition of land 71 acres in the area of ​​Voula from the Benaki Museum and are planning the development of an organized complex 400 of residences. The goal is a...
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BIG DEALS ARE CLOSED IN THE REAL ESTATE MARKET

The first bet is expected to win in the coming weeks for the real estate market, in the,what concerns at least the willingness of investors to proceed with new transactions for substantial properties. Within the week, the process for the sale of the historic building on Christou Lada Street began, which housed the Lambrakis Journalistic Organization for decades. This is a property, which belongs to...
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WHAT TYPES OF REAL ESTATE ARE INVESTORS LOOKING FOR

The good quality properties, which have state-of-the-art design specifications and bioclimatic architecture, are the focus of investment interest, according to the current situation survey of the National Bank (ETE) for small and medium enterprises, conducted in 200 property management companies. The existing real estate stock consists of half of high quality properties, with the other half being of low or medium specifications. In...
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THE PROPERTY MARKET IN MYKONOS IS RECOVERING, REPORTS OF “TIMES” OF LONDON

Article about buying real estate on the island of Mykonos, which is famous as one of the most popular in the Mediterranean, are published by "Times" of London, pointing out that it rivals Ibiza for luxury parties and the French Riviera for hospitality, attracting a multitude of international well-known commercial products. "After the financial crisis, the Greek economy shrank, unemployment rose and so did prices...
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INCREASED 60% HOME BUYERS IN THE CENTER OF ATHENS IN 8 MONTHS

The investment "frenzy" in the center of Athens continues well, as well as Chinese, Turkish, Russians and Israelis, together with Greeks, they continue to buy apartments, with the aim of exploiting them through the Airbnb-style short-term rental market. According to the relevant data, during this year's eight months (January period - August), the number of real estate sales contracts filed with the Mortgage Registry..
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THEY INVEST IN NURSING HOMES AND STUDENT HOSPITALITIES

Student residences, furnished apartments, even care and accommodation buildings for the elderly, they are on the investment "menu" of real estate investment companies (AEEAP), lately. Its new legislative framework 2013 offered multiple possibilities for the industry, as, including, investment in housing became possible, tourist properties, even entering the real estate development industry, Provided...
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CONTINUOUS INCREASE IN PROPERTY SALES

Images they had to see from the 2008 taxpayers now face in the Capital departments of the tax authorities. Many taxpayers are in a hurry to make a transfer or purchase of property in order to anticipate the increase in property values ​​that will take place from the New Year. According to the figures of the Independent Public Revenue Authority, which come from the report issued every month and which concerns the variation...
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PROTAGONISTS OF DEVELOPMENT THE REAL ESTATE MARKET

The real estate sector in our country is recovering after a deep and prolonged period of crisis and is expected to star in the coming years, according to converging estimates that are seeing the light of day. As the Bank of Greece typically points out in its latest report about two months ago on the real estate market, the 2017 and his first months 2018 were characterized...
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CHEAPER AGAINST 14 OF EUROPEAN CITIES THE REAL ESTATE OF ATHENS

Apartments in Athens show the lowest prices, compare to 13 European cities, according to research by the company TotallyMoney, which specializes in evaluating the creditworthiness of households. particularly, the Greek capital has the lowest price, per square metre, which is formed into 1.465 euro, with Nicosia completing the top five cheapest cities (1.700 euro...
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GREECE AMONG POPULAR TOURIST INVESTMENT DESTINATIONS

In number one destination for the purchase of hotel and holiday properties, as well as for the development of complex tourist accommodation, Greece emerges, according to a joint survey conducted by the Russian real estate company Tranio and MR&H (Mediterranean Resort & Hotel Real Estate Forum), in the framework of the conference of the same name hosted this week in our country, sub...
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GREEK-TURKISH ALLIANCE IN REAL ESTATE DUE TO GOLDEN VISA

In the recent past they have allied to claim the long-term lease of the King George Hotel in Syntagma. Most, the Greek engineering company Salfo & Associates formed a joint venture with Turkish real estate developer Varyap to sell luxury apartments with the incentive of granting residence permits to third-country national investors. According to information from Capital.gr, Salfo by Ioannis Foteinos, Varyap and company...
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RESTART OF INVESTMENTS IN REAL ESTATE

Total investments of the order of 550 million. euros for the development of new properties of all kinds are planned, as real estate heats up after a period of almost 10 years, during which very few new buildings were constructed, which, in the majority of them, they had pre-secured users. The recovery in demand for stores, right from its beginnings 2016,...
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FOREIGNERS INVESTED €920 MIL. IN GREEK PROPERTIES

About 920 million. euros have been placed by foreign investors, mainly from China, Russia, Turkey, Egypt and Lebanon, in the Greek real estate market through the program "golden visa", according to the data of the Ministry of Migration Policy, which includes a document from the Ministry of Economy and Development in response to a question from the parliamentarian of ND. Chr. Staicura. Through the residence permit granting program for...
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