Real Estate · Greece

Major reforms announced for property ownership laws in Greece

3 sourcesFirst reported 20 days agoUpdated 19 days ago

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The Greek Justice Ministry has announced plans for significant reforms to laws governing the management of apartment blocks in the country.
The proposed changes aim to modernize regulations concerning shared ownership, short-term rentals, and shared expenses among residents.
A preparatory committee will be established to oversee the comprehensive revision of laws related to horizontal and vertical property ownership.
The reforms are expected to address contemporary issues faced by apartment residents, including the installation of heat pumps and management of financial contributions from occupants.
These changes will impact thousands of property owners currently dealing with unresolved legal matters in relation to their apartments.

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The Greek Justice Ministry has announced plans for a significant overhaul of laws governing ownership and management in apartment blocks, responding to modern challenges. This reform aims to update century-old regulations, addressing issues such as the installation of heat pumps, the regulation of short-term rentals, and ensuring that all residents contribute to shared expenses. The proposals are designed to enhance the governance of communal living and streamline interactions among property owners.

To facilitate these changes, the Ministry will establish a legislative committee tasked with thoroughly revising the legal framework surrounding both horizontal and vertical property ownership. This initiative is expected to impact numerous unresolved cases faced by property owners in Greece, aiming to bring clarity and fairness to the management of shared residential spaces. The reforms reflect an urgent need to adapt existing laws to contemporary practices and improve the overall living conditions in apartment complexes across the country.

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Major reforms announced for property ownership laws in Greece

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