Greece Overhauls Inheritance Rules to Ease Property Fragmentation
Greece has introduced major amendments to its inheritance law aimed at reducing the split of inherited land and offering heirs more out-of-court options for division.
Under the revised Greek inheritance code, undivided ownership—where siblings own a share of a whole plot without a specific area—will be addressed through clearer valuation and settlement mechanisms. Experts such as surveyors and civil engineers must verify boundaries, permits and planning constraints to determine whether a parcel can be legally and economically divided. When feasible, heirs may opt for physical partition, purchase of co-heirs' shares, financial equalisation, or a joint sale with proceeds shared.
Special provisions cover buildings on such land and allow vertical ownership for certain out-of-plan sites built before July 28 2011. If consensus remains elusive, courts can order partition or, where division would diminish value, order an auction sale. The reforms aim to prevent inherited properties from remaining idle and losing value across generations.
Why it matters
The changes could unlock thousands of idle Greek properties, boosting development and reducing legal disputes among heirs.
In this story
