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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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…

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Athens infrastructure: how will new projects change urban logistics and real estate investors?
Greece's economy is recovering from the crisis. According to the National Statistical Service (ELSTAT), after an eight-year recession in 2017, Greek GDP grew four quarters in a row. One of…

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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 consulting company 52 experts from the international investment market in 2017 showed. Compared to 2016, the number of those who are willing to consider investing in this market has doubled. Real estate in Greece is again becoming attractive for foreign investors for several reasons.

Residence permit when buying property Continue reading

The procedure for the purchase and registration of real estate in Greece

To buy property in Greece, it is enough to come to Greece once. The purchase process includes 7 simple steps.                                                                                                                 1. Select an object
The buyer comes to Athens to select a property. He hires a lawyer who over the next month will check the documents for real estate (certificate of ownership of the seller and a pledge register for encumbrances and tax arrears of the object) and will help pay taxes on the purchase. Continue reading

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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Mezzanine loan and equity partnership: pros and cons
Investors can invest in value-added projects (construction or renovation of real estate) in two ways: - Providing a mezzanine loan (mezzanine financing): the investor gives the developer a loan in…

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Visas, residence and citizenship in Greece
To get a Greek residence permit, it is enough to come to Greece three times. For this suit any type of visa. The whole procedure will take from three to…

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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…

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