Why Kefalonia – Why Not?
Owning property in Greece is simple and straightforward. Anybody, regardless of nationality, can be a property owner. Property in Kefalonia is under the protection of the State (Greek Constitution: Article 17, paragraph 1); all property owners in the country have equal rights and responsibilities. All properties in Kefalonia are freehold. A nationwide Land Registry is currently underway, but Kefalonia already has its Land Registry in place; while properties in other areas the country are registered in the Registry of Mortgages. Buildings in Kefalonia are designed and constructed in accordance with European Regulations and Standards, and they are in total compliance with stringent regulations for earthquake protection. Apartment buildings in urban areas do not normally exceed five stories, while in smaller towns and rural areas the buildings are much smaller, with single or two-storey detached and semi-detached houses being the norm.
