Real estate in the Austrian Alps - a promising direction for investment
Alps - the world's largest market for ski tourism. According to estimates of Laurent Vanat, the founder of the Swiss consulting company Laurent Vanat Consulting SARL, this region accounted for…

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How the size of the capital and the behavior of owners of foreign accounts: the study of Tranio and Adam Smith
Russia joined the agreement on the automatic exchange of financial information (Multilateral Competent Authority Agreement, MCAA), and at the end of December 2017 the OECD published a list of countries…

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Greece News Digest: Light at the End of the Tunnel
Tranio experts are confident that now is the best time to buy Greek real estate, as prices have reached bottom and are ready to grow (according to the Bank of…

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the tax

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

Houses near airports: potential investment
Why is real estate more expensive or cheaper in one place than in another? Often the difference is due to the cost of transport: the cheaper logistics costs, the more…

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Mortgage in Greece
Although the formal issuance of loans in Greece is not prohibited, in practice, banks do not issue loans to either local or foreign property buyers. The exception is the large…

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Street retail in Athens: focus on the center and prosperous suburbs
Since 2010, the Greek government has taken many measures to reduce public debt and budget deficits. They have already brought the first results: according to the IMF estimates, GDP growth…

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Investment Instruments: How to Get High Yield in Europe
Investors often compare real estate in Europe with other profitable instruments - government bonds and bank deposits. Government bonds are one of the main instruments of saving funds for wealthy…

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