Over the last years the Greek government has been trying to set some limits to the building area of plots.
The new changes of law after 10th of December 2022, around 75% of the plots that can be built today, will not be liable to building.
Especially, for some areas in Corfu like the famous Northeast Coast, the problem is important as more than 95% of the plots there, belong to this category.
Since 9th December 2020 a new law about the building rights for the plots outside the settlement has been issued .
The main changes about the construction of houses are the following:
In case that the building licenses have already been submitted before 10th December 2022, the law gives the right to complete the structure of the building until 2026.
Furthermore, for each 1.000 sq.m that are added to 8.000 sq.m, 9 sq.m. can be built For example, in 10.000 sq.m 276 sq.m and not 300 as before can be built.
Although the changing law has reduced the sq.m in building limits , it gives an advantage to the two-storeys or two-storeys with basement or a storey with basement houses.
The previous law gave the right to build 200 sq.m plus 12 sq.m for the staircase but the new one gives the right to build extra 25 sq.m for the staircase.
In each case, the construction beyond the limit of 360 sq.m plus verandas and basement is prohibited .
The exception of the above is only in case a plot is split in smaller parts, each of it to be minimum 4.000 sq.m.
In this case, the plot has the building right for the smaller plots which are 4.000 sq.m each, minus 15%.
For example, a plot of 12.000 sq.m that can be split in 3 smaller pieces (4.000 sq.m each) can build 186 sq.m x 3 = 558 sq.m – 15% = 474,3 sq.m
Except for the changes of 9th December 2020, there has also been another significant change which was issued during the last period:
As for old settlements a number of them has decreased
While some months ago there were more than 200 settlements, now are only 102 in Corfu island.
As you can understand, the best time to buy is NOW.