Greece simplifies the transfer of old industrial and commercial buildings to residential apartments. The law allows you to change the purpose of existing facilities, even if they are outside the bound

Conversion is limited to the current volume of the building: adding floors or expanding the area is prohibited. New apartments cannot be rented out for short-term rent for five years after the transfer is completed.

Owners must pay a one-time fee of 5% from the objective value of the land. The project will be checked for compliance with technical safety and lighting standards.