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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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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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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legal and ethical aspects

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

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 six months, depending on the speed of execution of documents for real estate and how quickly the applicant acts. As a result, a residence permit in Greece will require the implementation of 9 simple steps:

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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 company, the global market for medical tourism from 2017 to 2021 will grow annually by 12.55%. Most often, patients go abroad for two reasons: the necessary type of treatment is not available in their home country or foreign clinics offer a higher quality of services. Continue reading

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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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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Eat, pray, get well - Greece is developing new destinations for tourists
Greece is experiencing a tourist boom: the number of tourist arrivals from abroad increased from 14.9 million in 2009 to 24.8 million in 2016. According to the Minister of Tourism…

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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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