The cost of housing in Germany: buying an apartment
Berlin: a market with great potential West Germany: liquid real estate market East Germany: dynamic market development The German economy is the largest and most stable in Europe, so the…

Continue reading →

The rich also cry: what problems when buying a profitable property abroad, Russian-speaking investors face?
Buying property abroad is not easy for those who purchase it for the first time, and for already experienced investors. What difficulties do Russian-speaking buyers most often face? At the…

Continue reading →

Russian-speaking investors in profitable real estate abroad: an analytical study of Tranio
In early 2018, Tranio once again investigated the behavior of Russian-speaking investors abroad. We relied on the results of an online survey, which involved 476 real estate market leaders from…

Continue reading →

number of factors

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 the main growth drivers is the tourism sector. According to research firm Euromonitor International, today Athens is the second city in Europe in terms of the growth rate of tourists (the first is Greek Heraklion): in 2017 almost 5 million people visited the capital of Greece, 10% more than in 2016. Athens International Airport accepted in 2017, 14.4 million foreign passengers – 12% more than a year ago. 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 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

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…

...

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…

...

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…

...

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…

...