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  1. The following sections aim to summarise the key taxes applicable and the main tax considerations arising from the acquisition, ownership and exploitation, as well as disposal of real estate property in Greece, with

  2. Property sales in Greece involve taxes such as transfer taxes and capital gains tax, as well as expenses such as notary fees and legal fees. It is important to account for these costs when selling a property in Greece.

  3. 17 Μαΐ 2024 · State real estate tax is imposed annually on natural and legal entities that possess Grecian property. The principal tax base is calculated from the property’s price zone, year of construction, floor space, usage, and other qualities.

  4. the sale of real estate is not considered entrepreneurial activity. But if an individual when sell property in Greece as part of a business, he pays capital gains tax. The amount is 15 to 45%, depending on the income received on an annualized basis.

  5. 31 Δεκ 2022 · Common property. Joint shared property. Freehold (acquired rights of long –term use of the residential property) etc. Furthermore, the tax is imposed on such categories as the parking in the buildings, covered parking areas, additional premises and swimming pools.

  6. 28 Σεπ 2023 · Taxes at Time of Purchase. On most real estate sites, all prices are excluding taxes. In purchases of a home in Greece, one of two taxes will apply: Transfer tax or Value-added tax (VAT).

  7. When you purchase a property in Greece, you pay a transfer tax, which is FMA. The tax rate is 3.09% of the taxable property value. There’s a system of “Objective Value”. It calculates how much a property should be worth depending on its size, location, and technical specification.

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