Changes to the conditions for buying real estate in Greece are being introduced from the beginning of next year.
Transfer of ownership is now only done by bank transfer. Cash payment will be considered void. Greeks and foreigners who own more than two properties will be treated as entrepreneurs with a higher tax. Individuals who rent their properties for short-term rent will submit an annual tax return. An electronic file for real estate is also being introduced.
For those wishing to purchase a property in Greece in the future, the procedure for collecting documents before the purchase is eased, as this becomes the duty of the notary.
The owner’s costs for energy changes are accounted for, which reduces the annual tax.
Cyprus with a bailout program for people with mortgage problems
Consult not only a broker, but also a lawyer before buying a property in Greece, the registry office advises.
Among the foreigners with the most properties in Northern Greece are Germans and Bulgarians, according to the statistics of brokerage agencies.
2023-12-19 07:40:38
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