Acquire your dream home without using your equity!
Do you own a property but lack the capital to develop it? No problem. At Kallistos & Vasilis Diakogeorgiou, we undertake property exchange projects in Rhodes with full commitment to our agreements, handling the entire process — from construction to official registration with the Land Registry.
What is Property Consideration?
It refers to a building agreement in which the selected property developer is granted the right to construct on and utilize a plot of land, with the obligation to return a portion of the newly built property to the landowner. Property consideration is a mutually beneficial process that typically provides greater value to the landowner than an outright sale of the property.
A win-win transaction
The concept of property consideration has returned strongly to the real estate sector, offering benefits to both landowners and developers. The former does not need to invest personal capital to utilize their property, while the latter undertakes the design, permitting, and construction process — covering costs through an agreed share of the newly built property.
Property Exchange
If you own a property in an area that no longer meets your needs, you can exchange it for another, more suitable one — at no additional cost. At K&V Diakogeorgiou, we handle the valuation of your property and suggest the best possible exchange options tailored to your requirements.
Consideration Requirements
For a property to be eligible for consideration (antiparochi), certain key criteria must be met:
- Location and commercial value of the plot.
- Size and permitted land use.
- Building coverage and floor area ratios.
- Total cost of acquiring a new residence in the area.
The value of the property to be granted in return is determined through negotiations between the landowner and the developer.
Contact Us!
Interested in property consideration or exchange in Rhodes? Contact us today for more information and tailored solutions.