What It Means For the Sellers
In practice, much of this is work that civil and architect-engineers already do for their clients, so it's about organising it properly rather than creating it from scratch. If you're selling, you'll need the identity in place before the transfer can complete, and an engineer will prepare it. Any extensions or alterations need to be properly declared, and the information must be accurate, as incorrect declarations can carry penalties. The file is updated whenever building work is carried out, and owners keep the same records in hard copy too. It does mean a little more paperwork for sellers up front. But it pays off, giving a clearer, more reliable picture of a property and, across the market, a more transparent and liquid housing sector.
Conclusion
The Electronic Building Identity is now an essential part of buying or selling in Greece. It's a digital file, prepared by an engineer, that records a property's permits, plans, and history, and the ID number it generates is required to complete any transfer. For buyers it adds security and transparency; for sellers it's a step to prepare for in advance. Either way, it's a positive change, and one we handle for our clients as a matter of course.
Disclaimer: This content is for informational purposes only and does not constitute legal or tax advice. For any issues relating to specific cases, we recommend consulting a lawyer, an accountant, or a notary depending on your needs.