Do I need a property inspection if my lawyer is already doing due diligence?

Yes. Your lawyer checks title, encumbrances and ownership. They are not qualified to assess structural condition, building permit accuracy or unauthorized constructions. These are separate disciplines. Both are necessary.

What does a technical due diligence inspection cover in Greece?

A technical due diligence inspection in Greece covers structural condition, building permit compliance, identification of illegal constructions or unauthorized extensions, planning law conformity, MEP systems and assessment of repair or renovation costs. In Greece, a significant proportion of properties have unauthorized constructions that must be regularized — this is one of the highest-risk factors for foreign buyers.

What is the difference between a property inspection and technical due diligence?

Property inspection is the physical assessment of a building's condition. Technical due diligence is a broader discipline used by institutional investors that includes condition assessment, permit compliance, planning law review, remediation cost scheduling and risk classification. Private buyers typically need inspection. Investors and funds need full TDD.

Can the inspection be done remotely if I am not in Greece?

Document and permit review is done remotely. Physical inspection of the building requires someone on-site. KG Nordic Advisory manages and coordinates this process — you receive a consolidated written report regardless of where you are.

Do you cover all regions of Greece?

Yes — Athens and Attica, Crete, the Ionian Islands, the Cyclades, Peloponnese, Thessaloniki, Epirus and the broader Mediterranean on request.

KG Nordic

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KG Nordic

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TECHNICAL DUE DILIGENCE | GREECE

Technical Due Diligence for Real Estate Acquisitions in Greece.

For higher-value or complex assets where the decision depends on physical condition, technical documentation, operational systems, specialist interfaces and likely capital requirements.

Book a 15-Minute Intro Call

Submit Property Details

TECHNICAL DUE DILIGENCE | GREECE

Technical Due Diligence for Real Estate Acquisitions in Greece.

For higher-value or complex assets where the decision depends on physical condition, technical documentation, operational systems, specialist interfaces and likely capital requirements.

Book a 15-Minute Intro Call

Submit Property Details

Materiality-led

Focused on risks that affect the decision.

Multidisciplinary

Specialist inputs coordinated where required.

Buyer-side only

No seller, broker, developer or contractor mandates.

Independent, engineering-led assessment for family offices, investors, lenders and professional buyers evaluating complex residential, hospitality, income-producing, conversion and development assets.

TDD Is Defined by Complexity and Reliance — Not Price Alone.

Technical Due Diligence is appropriate where the asset, transaction or intended use requires more than a conventional inspection. Typical triggers include multiple buildings or units, operational infrastructure, conversion or redevelopment, incomplete documentation, financing, multiple report users or structured capital-expenditure analysis.

A high-value private villa may require Property Inspection, while a lower-value operational or multi-unit asset may require Technical Due Diligence. Scope follows the decision and exposure, not a fixed purchase-price threshold.

Acquiring a villa, house or apartment where the main question is physical condition before purchase?

View Property Inspection →

Acquiring a villa, house or apartment where the main question is physical condition before purchase?

View Property Inspection →

Typical Assets and Mandates.

Hospitality and Operational Property

Hotels, serviced accommodation, resorts and assets where building condition and operational systems affect continuity and value.

Multi-Unit and Income-Producing Assets

Residential blocks, mixed-use property and assets with multiple tenancies, systems or maintenance obligations.

Conversion and Restoration

Existing buildings where acquisition value depends on proposed works, technical feasibility, approvals and execution exposure.

Development and Redevelopment

Assets involving phased works, consultant coordination, significant CapEx or future operational requirements.

Hospitality and Operational Property

Hotels, serviced accommodation, resorts and assets where building condition and operational systems affect continuity and value.

Multi-Unit and Income-Producing Assets

Residential blocks, mixed-use property and assets with multiple tenancies, systems or maintenance obligations.

Conversion and Restoration

Existing buildings where acquisition value depends on proposed works, technical feasibility, approvals and execution exposure.

Development and Redevelopment

Assets involving phased works, consultant coordination, significant CapEx or future operational requirements.

Hospitality and Operational Property

Hotels, serviced accommodation, resorts and assets where building condition and operational systems affect continuity and value.

Multi-Unit and Income-Producing Assets

Residential blocks, mixed-use property and assets with multiple tenancies, systems or maintenance obligations.

Conversion and Restoration

Existing buildings where acquisition value depends on proposed works, technical feasibility, approvals and execution exposure.

Development and Redevelopment

Assets involving phased works, consultant coordination, significant CapEx or future operational requirements.

Complex Private Estates

Multiple buildings, extensive plant, pools, external infrastructure or a requirement for detailed owner-side technical assessment.

Core Technical Workstreams.

Physical Asset Condition. Accessible structural elements, building envelope, moisture indicators, visible defects, external works and site-specific condition risks.

MEP and Operational Infrastructure. Accessible mechanical, electrical, plumbing, heating, cooling, water, drainage, plant and operational systems, assessed visually and through normal operation where practicable.

Documents and Approvals. Review of the available technical and permit documentation for apparent gaps, inconsistencies and matters requiring confirmation by the appointed Greek legal or licensed technical advisers.

Capital Requirements and Lifecycle. Near-term and medium-term repair, replacement and maintenance priorities, with indicative capital considerations appropriate to the mandate.

Execution and Development Exposure. Technical assumptions, proposed works, consultant structure, contractor interfaces and risks that may affect conversion, renovation or redevelopment.

Specialist Coordination. Structural, MEP, electrical, energy, cost, surveying or other licensed specialist inputs coordinated where the asset and decision require them.

Decision-Grade Reporting.

A typical KG Nordic TDD deliverable is structured for the transaction decision: (1) executive decision summary; (2) asset and agreed scope; (3) documents and evidence reviewed; (4) discipline-by-discipline findings with photographs; (5) material risk and action register; (6) immediate, near- and medium-term priorities; (7) indicative CapEx observations where scoped; (8) recommended specialist investigations; and (9) limitations, inaccessible areas and unresolved information requests.

The English-language deliverable can be briefed to the principal, investment team, lender or appointed advisers. Indicative order-of-cost or CapEx considerations may be included where appropriate; formal cost planning or measured quantities require a separately appointed cost consultant or quantity surveyor.

One Technical Workstream. Coordinated Inputs
Where Required.

KG Nordic leads the owner-side technical review and coordinates additional structural, MEP, electrical, energy, surveying or cost specialists only where the asset and required reliance justify them.

The base review is visual and non-invasive and limited to areas, systems and documents that are safely accessible or made available. Destructive investigation, pressure testing, laboratory analysis, detailed design verification, formal legal confirmation and specialist certification are excluded unless specifically included in the mandate.

KG Nordic leads the owner-side technical review and coordinates additional structural, MEP, electrical, energy, surveying or cost specialists only where the asset and required reliance justify them.

A Scoping Process Built Around the Transaction.

Scoping Call

Establish the asset, transaction stage, intended use, stakeholders, available information and decisions the review must support.

Data Room and Scope

Review the available technical, operational and project information before workstreams, specialist needs, programme and fixed fee are confirmed.

Site Review and Specialist Inputs

Complete the agreed site review and coordinate any separately scoped specialist assessments.

Analysis and Reporting

Test findings for materiality and translate them into technical risks, required actions and capital considerations.

From Scoping Call to Decision Briefing

Scoping Call

Establish the asset, transaction stage, intended use, stakeholders, available information and decisions the review must support.

Data Room and Scope

Review the available technical, operational and project information before workstreams, specialist needs, programme and fixed fee are confirmed.

Site Review and Specialist Inputs

Complete the agreed site review and coordinate any separately scoped specialist assessments.

Analysis and Reporting

Test findings for materiality and translate them into technical risks, required actions and capital considerations.

From Scoping Call to Decision Briefing

Scoping Call

Establish the asset, transaction stage, intended use, stakeholders, available information and decisions the review must support.

Data Room and Scope

Review the available technical, operational and project information before workstreams, specialist needs, programme and fixed fee are confirmed.

Site Review and Specialist Inputs

Complete the agreed site review and coordinate any separately scoped specialist assessments.

Analysis and Reporting

Test findings for materiality and translate them into technical risks, required actions and capital considerations.

From Scoping Call to Decision Briefing

05 Decision Briefing

The report is presented to the client and, where required, discussed with the investment team, lender or appointed advisers.

Frequently Asked Questions About Technical Due Diligence in Greece.

What is the difference between Technical Due Diligence and a Property Inspection?

Property Inspection primarily addresses the accessible physical condition of a residential asset. Technical Due Diligence widens the review to transaction-level reliance, documentation, operational infrastructure, capital exposure, multiple stakeholders and specialist inputs where required.

Does TDD verify legal title or formal permit compliance?

No. Legal title and formal legal conclusions remain with the appointed Greek legal advisers. KG Nordic reviews available technical and permit information for apparent gaps or discrepancies and coordinates licensed specialist input where formal technical confirmation is required.

Can KG Nordic coordinate additional technical consultants?

Yes. Where complexity requires it, KG Nordic can define and coordinate structural, MEP, electrical, energy, surveying, cost or other specialist inputs and integrate their findings into the technical review.

How long does a TDD mandate take?

Programme depends on asset scale, access, documentation quality, specialist involvement and the transaction deadline. The timetable is confirmed after initial scoping and document review.

What should a Technical Due Diligence mandate in Greece provide?

A properly scoped mandate should identify material physical and technical exposure, state the evidence reviewed and limitations encountered, distinguish direct observations from matters requiring specialist verification and translate findings into the actions required for the transaction decision.

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