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Property – Cadastre: until 2.000 Euros the Fines for Overdue Declaration!!

As a major reform aimed at supporting investment, property protection, but also the environment….

PEN Minister Kostis Hatzidakis described the new bill for the modernization of spatial and urban planning legislation, put up for public consultation.

"The bill is in favor of a European Greece", the minister said characteristically.

Among other things with the new bill, from the end of October, the fine for overdue declaration of real estate in the Land Registry, will vary from 300 until 2.000 euro and now depends not only on value of the property, but also by the size of the delay.

The activation of the fines will take place immediately after the issuance of the relevant ministerial decision, which will follow the passage of the bill by Parliament:

"We are not going to surprise any owner," said Mr.. Hatzidakis.

However, this measure is considered necessary, to complete the cadastre in our country at some point.

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