Environmental Due Diligence

Before making property purchases or investments in new properties in Crete it is imperative to fully understand your environmental risks if any.

Whether you’re looking for full environmental due diligence or a brief ‘red flag’ report to highlight the main risks and unforeseen costs ahead of an investment we can help.

Environmental Due Diligence Services in Crete by ARENCOS
Photo by Helena Yankovska on Unsplash
Environmental Due Diligence

EDD Services

Our consultants conduct detailed environmental site assessments and compliance reviews to provide insightful assistance to help you negotiate a fair price and understand the difference between a potential opportunity and a risky decision.

We conduct environmental due diligence according to international standards as well as national and EU regulations and guidelines.

We integrate our services and knowledge to meet customer needs, taking into consideration the type of property or investment in question, the location and some other critical parameters. For the sale or purchase of real estate assets, commercial buildings and residential properties, our consultants carry out an environmental site assessment, which among other includes:

  • Risks and vulnerabilities assessment related to location
  • Ecological sensitivity assessment of the present usage

For the purchase of commercial properties in Crete, Greece with environmentally sensitive infrastructure, we perform a compliance audit, including:

  • Review of relevant environmental laws
  • Assessment of the required permit needs and prerequisites
  • Operational safety surveys
Environmental Due Diligence

Real Estate Assets

There have been several cases of unexpected environmental conditions resulting in significant financial costs, time delays and investment terminations.

At ARENCOS we conduct Environmental Due Diligence to examine, assess and identify potential liabilities associated with a building or land as a result of soil or groundwater contamination and their broader potential impacts to the value of the subject property.

Moreover, a well-informed EDD can also assist clients to identify appealing opportunities and establish informed decision-making.

Our real estate bespoke Due Diligence Services include:

  • Environmental Permitting Assessment
  • Consultation and Liaison with Regulatory Bodies
  • Ecology and Habitats
  • Environmental Management and Compliance
  • Site Condition Reports
  • Remediation Cost Appraisal
Environmental Due Diligence by ARENCOS Consultants

Challenging the Status Quo.

ARENCOS performs environmental due diligence investigations in support of real estate transactions and property development projects throughout the island of Crete, to reduce conflicts, and contract disputes and improve decision making confidence.

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