Changes to the operation of apartment buildings: A new law is coming in 2027
Significant changes to the way apartment buildings operate in Greece were recently announced by the Minister of Justice, Giorgos Floridis. The government's goal is to modernize the legislative framework governing horizontal properties, which is based on a law dating back to 1929.
The current law is now considered outdated, as it cannot meet the modern needs of living in apartment buildings. The new framework, which is expected to be implemented from the beginning of 2027, will regulate issues that frequently cause disagreements between tenants and owners.
The changes are expected to focus on the management of common areas, decision-making processes in general assemblies, and building maintenance. In this way, the state seeks to simplify bureaucratic procedures and resolve problems that complicate the daily lives of citizens.
The preparation of the new bill is underway, while the relevant authorities are carefully examining all parameters to ensure that the new rules will be fair and functional. The government emphasizes that this revision is necessary for adaptation to current social conditions.
The implementation of the new law from 2027 will constitute a significant reform for property ownership in Greece. Citizens are expected to be informed in detail about the changes in the coming period, as the new framework will directly affect millions of owners and tenants across the country.