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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“Now it's the other way around”: investors choose Valencia after a referendum in Barcelona
On October 1, 2017, a referendum on independence was held in Catalonia, 90% of those who voted in favor of separating the region from Spain. Since then, uncertainty has reigned…

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Residential real estate market in Hungary: time to buy
Hungary is located on the border between Eastern and Western Europe. The level of wages here is lower than in most EU countries: according to the Statista portal, only 6.7…

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determines a number of coefficients

Property Maintenance in Greece

The maintenance of an apartment in Athens costs on average from 700 to 1.8 thousand euros, villas on the islands – from 1.5 to 15 thousand euros. The main items of expenditure are taxes and utilities.

Taxes
All property owners in Greece, including foreigners, pay an annual tax, which consists of two parts – the main and additional. Continue reading

Buying a mini-hotel abroad
Mini-hotel is a hotel, the number of rooms of which is not more than 30 rooms. Typically, these institutions provide services on the system Bed and Breakfast (with the English.…

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Medical tourism in Greece - investment opportunities
According to a survey of the European Commission, almost 50% of Europeans would like to be treated abroad. And their number is growing: according to forecasts of the Radiant Insights…

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Currency games: to whom and where it was profitable to buy overseas property
Currency fluctuations are affected by various factors: monetary policy, inflation, consumer confidence, GDP dynamics, and the balance of payments. As a rule, along with the growth of the currency, real…

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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…

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