Four largest banks in Greece successfully passed the ECB stress test
On May 5, the European Central Bank (ECB) published the results of the stress test of the four largest banks in Greece: with an unfavorable scenario, in the next three…

Continue reading →

How to get Greek citizenship?
Greek passport provides free access to 174 countries of the world. Its owner gets the opportunity to live, work, travel, study, buy real estate and conduct business in any country…

Continue reading →

The cost of housing in Germany: buying an apartment
Berlin: a market with great potential West Germany: liquid real estate market East Germany: dynamic market development The German economy is the largest and most stable in Europe, so the…

Continue reading →

remaining heirs

Property taxes in Greece

Non-residents of Greece pay real estate taxes at the same rate as the residents of the country.

Purchase
The amount of tax when buying a property can vary greatly:

for new buildings, the construction permit of which was issued after January 1, 2006, the buyer pays VAT of 24% of the value of the object.
for real estate built before 2006, only the tax on transfer of ownership is valid – 3.09% of the value of the object. Continue reading

Costa Blanca: cheap real estate on the white coast of Spain
Alicante is the most popular province in Spain with foreign property buyers. According to statistics from the Board of Registrars of Property (Colegio de Registradores de la Propiedad, Bienes Muebles…

...

4 reasons to buy an apartment in Greece
48% of respondents consider the prospects for investment in the Greek real estate market in the next five years to be good or excellent - a survey by NAI Hellas…

...

Short-term rental market in Athens: where to buy to earn more?
Athens is the second city in Europe in terms of the growth rate of the number of tourists: according to estimates by research company Euromonitor International, the number of arrivals…

...

How to invest in redevelopment in Germany with a small budget?
In recent years, key rates in the EU have dropped to a record low. Bank financing fell in price to 1.5–3% per annum, and with it, the profitability of deposits,…

...