Greece is taking a major step forward in offering a secure and modern legal framework for real estate investors and families planning relocation. A reform to the country’s inheritance law, coming into effect in 2026, will transform how property is managed, transferred and protected across generations.
This legislative update addresses long-standing legal concerns related to forced heirship, co-ownership disputes and liability for inherited debt. These are issues that previously complicated the decision-making process for buyers.
For international investors and families, the message is clear: Greece is becoming more than a lifestyle destination. It is becoming a legally sound environment for long-term property ownership.
1. More Control Over Asset Distribution
Property owners in Greece will now have greater flexibility to distribute their assets, including real estate and intellectual property through legally binding inheritance contracts. These allow individuals to clearly plan their estate, reducing confusion or disputes among heirs.
2. Simplified Inheritance and Ownership Structure
The reform eliminates the automatic fragmentation of inherited property. Instead of splitting ownership across multiple heirs, beneficiaries will now receive monetary compensation. This ensures that properties remain unified and more manageable, which is especially beneficial for buyers who plan to develop or resell assets.
3. Limited Heir Liability for Debt
Heirs will no longer be automatically responsible for the debts tied to an inherited estate. Unless they explicitly opt to take over full management, they are protected from financial liabilities, adding a vital layer of security for relocating families and investors.
4. Stronger Rights for Spouses and Modern Households
The new law aligns Greece with broader European standards by strengthening the rights of spouses and recognising modern family structures. This makes relocation planning simpler and safer for international buyers seeking a long-term home in Greece.
According to Yiannos Trisokkas, Migration Expert and CEO of Velment, the reform has already begun to influence international buyer behaviour.
‘This new reform has drawn even more attention to Greece, with new clients feeling increasingly confident when making their property purchasing decisions. Whether purchasing a primary residence, a holiday home or an investment property, buyers can now plan with greater confidence.’ he notes.
Combined with Greece’s attractive real estate market, growing infrastructure and lifestyle advantages, the new legal environment positions the country as a top-tier destination for real estate investment and relocation.
For those looking to secure a future in Greece, Marina View Beachfront Residences in Porto Rafti offers a standout opportunity. This off-plan development features 1- and 2-bedroom apartments designed with energy efficiency in mind. Units include private parking, storage spaces and access to a communal pool, whileone apartment even includes its own private pool.
Surrounded by historic landmarks, local beaches and just a short drive from Athens, Marina View offers a balance of natural beauty and urban accessibility, making it a smart choice for both relocation and investment.
Looking to plan your move or property purchase in Greece?
Contact the Velment team at info@velment.com for tailored guidance.
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