Education in Greece
The education system in Greece is divided into three levels: primary, secondary and higher. Each of them consists of two sublevels. A child of any nationality living in the territory…

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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…

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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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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

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…

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“Golden Visa”: who and where gets a residence permit for investment
The general principle of operation of any “golden visa” program is simple: a foreigner invests a certain amount in the country's economy in exchange for resident or citizen status. Today,…

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Property prices in Greece 2017–2018
Greece owns more than 6 thousand islands, but only on 227 of them people live. Rhodes, Lesbos, Corfu, Santorini and Mykonos are the most popular islands among wealthy property buyers.…

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Spare airfield in Greece: the top 5 holders of the Greek “golden visa”
The Greek program for obtaining a residence permit in exchange for investment is one of the most profitable in Europe. To acquire resident status, it is enough to buy one…

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