Land-for-apartments is deeply rooted in the Greek property market — but many owners don't know exactly how it works. Let's clarify.
The definition
The owner grants their plot to a developer who builds with their own capital. In return, the owner receives a share of the final value — in apartments, cash or a combination.
Main models
- Classic land-for-apartments: share in apartments
- Mixed: apartments plus cash component
- Plot sale: direct purchase by the developer
Questions before you agree
- What is my exact share and in which apartments?
- What is the timeline and what happens if there's delay?
- What are the specifications and materials?
- How am I legally protected?
Why it makes sense
You turn an idle asset into modern property without risking your own capital — provided you choose a reliable partner.
See details: /ypiresies/akinita/antiparochi/.