Greek Property Rights and Inheritance

Greek Property Rights and Inheritance

Among the most frequently asked questions Architect Katerina Sirouni receives are about Greek property rights and inheritance. Get started with this info.


 

Greek Property Rights and Inheritance: where to start

Greek property laws continue to change fairly regularly. As an architect — and a Greek-American one living in Greece, I’m always asked by people in the U.S. about their potential Greek property rights and inheritance, and any issues that any arise surrounding those subjects. As the owner and principal architect of the firm, KSirouni Architects, I help clients all over the world in design, management, and maintenance of properties, as well as navigating Greece’s new property laws. Let’s look at the questions and some high-level answers. As always, these answers are general. Always contact a competent professional for questions and answers specific to your potential Greek property rights and inheritance. Contact me via email.

 

Could you possibly have rights to property in Greece? Are you entitled to an inheritance in Greece? One thing’s for sure — you’ll need qualified, competent, professional assistance in these matters. PHOTO: PIXABAY

 

Are your roots Greek?  

How many of you of Greek descent have ever wondered from time to time if an ancestral family home or an olive grove in Greece might be yours to claim?

After leaving Greece, many immigrants never followed-up on their Greek properties nor did they leave sufficient information on their family’s property to their potential heirs.  

 


Do I own property in Greece?

First, find your roots! Once you know where your ancestors lived or where they were from, you can then take the next step, a Property Title Search!

A Property Title Search is conducted by an attorney at the local Mortgage Registry (Υποθυκοφυλακείο) nearest to the area of where your potential inheritance would be located. A thorough property title search will provide details of all real property that has ever been registered within that specific area.   

 


Am I entitled to inherit Greek property?

For this, we consulted our associate Attorney-at-Law, Arsinoi Lainioti (also a Greek-American living and working in Greece), who is both a Member of the Athens and Massachusetts Bar Associations.

“Real property in Greece is inherited by immediate and/or extended family members, in the absence of a will. The percentage of inheritance depends upon the degree of relation between the deceased and their heirs.”

She provided some examples of potential heir combinations:

• Spouse
• Spouse, children and/or their children
• Siblings, nephews/nieces and/or their children

NOTE: It is important to keep in mind that properties which are not claimed and registered by lawful heirs can be claimed by the Greek government.

No, we aren’t kidding. It can in fact happen to your family! If property is not registered with the Hellenic Cadastre by the deadline stipulated for the geographical area where it is located, the property will revert to the Greek Government.


Do you have a Greek property question? Need help determining your Greek property rights and inheritance? Contact us.


DISCLAIMER: The information provided is general and may change or not apply in all cases and should therefore NOT be considered as advice or consultation to act upon. 


Other articles by Katerina Sirouni:

Own Property in Greece? Read This!

Guide to Greece’s Property Laws: Illegal Structures

Guide to Greece’s Property Laws: Energy Performance Certificates

Guide to Greece’s Property Laws: Hellenic Cadastre

Guide to Greece’s Property Laws: Electronic Building ID Code

Deadline Approaching to Legalize Greek Property

Greek Property Ownership: Short-Term Rental

Greek Property Ownership: Deadlines, Refunds & More

Greek Property Ownership: Updates from Greece

Latest News from the Greek Real Estate Market

 

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