Before the EU negotiations, no foreigners could rent out property. Even today, non-EU property owners cannot rent out property.
Eviction of tenants is relatively difficult. The Rent Control Law introduced the concept of the statutory tenant. This is the person who at the expiration of the first tenancy, in case of a property within the ambit of the Rent Control Law, remains in possession of the premises. A statutory tenant cannot be evicted except in three cases:
- Where he failed to pay the rent
- Where the landlord needs a house for himself or for members of his family or his dependent parents
- Where the landlord intends to demolish and reconstruct the house, or to effect such substantial alteration or reconstruction as to render the recovery of possession of the premises absolutely necessary
Even in such cases, the Rent Control Court may order the landlord to grant to the tenant in lieu of damages, the right to a new tenancy after the reconstruction. Finally, the Court maw award damages equal to 9-18 months rent, and/or damages for loss of goodwill of a business.
For post-1995 houses the terms of the contract apply.
from globalpropertyguide.com
