Sale and Purchase of Hotel Units and Accommodation Properties

The valid transfer of tourist accommodations, hostels, and hotel units requires specialized expertise.

Large-scale building complexes, for which proper regularization, accurate description in the contract, ongoing licensing changes, specific land-use requirements, and the demanding process of tax management are necessary, significantly increase the complexity of such sui generis transfers.

Our notary office successfully executed, with unprecedented speed, the highest-value real estate transaction at the time, carried out by a German purchasing company on the island of Sifnos. The transaction involved the secure and successful transfer of a large-scale, architecturally distinguished accommodation complex located in the out-of-plan area of Artemonas, Sifnos.

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