30% of new apartments in Barcelona will be allocated for social housing
The Commission on Environment, Urban Planning and Mobility in Barcelona (Comissió d'Ecologia, Urbanisme i Mobilitat) approved an amendment to the master plan of the city: according to the new rule,…

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Protests in Iran could trigger an increase in demand for property abroad
Great Britain “Over the past two years, after Obama eased sanctions against Iran, there are more Iranian clients in the UK market,” said Yevgeny Tripuk, broker of the British financial…

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How to invest in redevelopment in Germany with a small budget?
In recent years, key rates in the EU have dropped to a record low. Bank financing fell in price to 1.5–3% per annum, and with it, the profitability of deposits,…

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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

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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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.                     …

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30% of new apartments in Barcelona will be allocated for social housing
The Commission on Environment, Urban Planning and Mobility in Barcelona (Comissió d'Ecologia, Urbanisme i Mobilitat) approved an amendment to the master plan of the city: according to the new rule,…

...

Expansion history: how Airbnb is changing the global real estate market
The idea of ​​Airbnb was born in 2007: then in San Francisco the recent graduates of the Rhode Island Design School, Brian Cesky and Joe Gebbia, had nothing to pay…

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