Real Estate 2026

GREECE Trends and Developments

Trends and Developments Contributed by: Notis Sardelas, Fay Vetouli and Lydia Dimakopoulou Sardelas Petsa Law Firm

Sardelas Petsa Law Firm is one of the leading Greek business law firms, recognised for its business- oriented, practical and robust solutions to complex transactions. Its practice spans banking, finance, capital markets, energy, M&A, real estate, privati - sations and development of public assets, public procurement and litigation. The firm represents and advises a wide range of domestic and international clients across all key sectors, including international and domestic financial institutions, funds, energy de - velopers, producers and traders, real estate develop -

ers and managers, pharmaceuticals and health com - panies, IT services and telecoms providers, food & beverage and retail goods and services companies, and public sector enterprises and entities. Sardelas Petsa Law Firm’s continuous aim is to strive for con - sistent professionalism and excellence by adopting a flexible structure that allows its teams to work closely with its clients in Athens and Piraeus, offering them its expertise to achieve innovative, practical and le - gally solid solutions.

Authors

Notis Sardelas is a partner at Sarde - las Petsa Law Firm and an expert in financings, restructurings, underwrit - ing equity and debt market transac - tions, and M&A. Notis was involved in the recent development of the Greek

areas of practice are real estate, litigation and enforcement. Fay regularly advises and represents banks in litigation for non-performing exposure recovery and enforcement of related claims. She holds a law degree from the University of Athens. In addition to her native Greek, Fay speaks English, German, French and Italian.

corporate bond market. He has also acted for foreign investors and the Greek state in a significant number of landmark transactions. During his two- year tenure as legal adviser to the Ministry of Finance and HRADF, he contributed to the State privatisation programme and the new financial stability framework. Notis holds law degrees from the LSE and the Athens Law School and an LL.M. in Banking & Finance from London University.

Lydia Dimakopoulou is a senior associate at Sardelas Petsa Law Firm. Lydia has worked with a cadastral contractor company, specialising in legal review of property rights during the land registration process, focus -

ing on managing the portfolios of financial institu - tions, conducting property title due diligence for large-scale financings and transactions, and drafting legal documents related to real estate securities. She is fluent in English and in German.

Fay Vetouli is a qualified Court of Appeals lawyer, admitted to the Athens Bar Association in 2006 who joined Sardelas Petsa Law Firm in 2019. She is an experienced civil law and litigation lawyer, and her main

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