Just 26% of properties in Greece registered with national cadastre yet

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Just 26% of properties in Greece registered with national cadastre yetEfforts over the past decade have picked up to finally establish a national cadastre

The recording of property assets in Greece, as part of the nascent national land registry program, continues to hover at extremely low rates, as only 26 percent of real estate has been registered by owners, naftemporiki.gr reports.

The number was cited during a meeting on Wednesday between the leadership of the relevant environment and energy ministry, the newly appointed management of the National Cadastre Organization and the leadership of a federation representing property owners in the country.

Greece remains one of the few advanced countries in the world without a unified, functional and digitalized land registry, in spite of generous EU funding dating back to the mid-1990s, although efforts over the past decade have picked up to finally establish a national cadastre.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Nat Pikozh

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