Major construction company in Greece
Construction, Real Estate & Land Development
HEAD OF PRACTICE WHO LED THE ADVICE
By virtue of the Greek Minister of Environment and Public Works decision, the Zoning Plan of Municipality of Renti was put in force, therefore our Client’s property was subject to relevant expropriation proceedings. More specifically, Municipality of Renti proceeded to condemnation to a part of a land property, owned by our Client, equal to 2.819,43 square meters, for reasons of public use.
Our Firm successfully represented our Client throughout the period from September 2009 until April 2011 before the Competent Courts of Piraeus, against Municipality of Renti, to the whole proceedings regarding:
- the acknowledgment of the land owners entitled to condemnation, and
- the designation of the final compensation to be paid by the Municipality for the property condemnation
By the end of the above procedure our Client was reimbursed by Municipality of Renti with the amount of approximately 1.700.000 Euros.