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Intense interest in Athens tax housing program

According to the Financial Times, members of the so-called Greek diaspora who come to the country almost every summer can make up the majority of users of the new system. According to the Financial Times, Greece offers tax incentives for wealthy foreigners who wish to live in the country for at least six months a…

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Possible new reduction in single property tax in 2020

The economic team is exploring all the scenarios to find a way to reduce the single property tax. According to sources in the information publication in.gr. The new government intends to reduce the single property tax in the next 2020. The economic team is studying all the scenarios in order to find a way to…

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Crazy price rally for real estate and demand in Greece

Real Estate Market Hotspots On the real estate market, value rises in areas such as Kukaki, Kolonaki, Likavitos, Glyfada, Elliniko, as well as Kallithea, Kipseli and Metaksurgio. Housing sales prices in these areas soared to record highs – even up to 70%. How much have the prices for the sale of houses increased over the…

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Property repair due to tax deduction

Real Estate Repair 40% for the repair work of real estate. Property owners will make tax deductions. In particular, 40% of repair costs and their property will be deducted from the sum of four-year income tax debt, with a maximum discount limit of EUR 19,200, but without taking into account the reduction of 5% of…

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