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The taxes that you choose to pay after you buy a assets in Greece will Generally depend on whether you are tax resident there or not.

By this time, you should have engaged a community notary who will put together the final deed. The client will Commonly go to the signing with the deed in particular person, with the notary’s Business office, in conjunction with attorneys from both sides and the seller.

Make it possible for all-around ten% in whole when buying a resale property. Transfer tax of 3% of the acquisition rate (or price of the house as calculated via the tax authorities, whichever is increased), preserve for the case where VAT applies.

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For anyone who is non-resident you will need to declare any cash flow you might have earned in Greece. This is applicable even if you get this money by leasing out to men and women from your residence nation and The cash never ever touches Greece.

Look at there isn't any illegal swimming pool or extension, or even a veranda closed in to generate a further place. If there are actually unlawful aspects of the building discovered afterwards then The brand new proprietor can be fined.

Otherwise, if the buyer pulls out on the offer in breach of the agreement they can shed their deposit. If the seller tries to pull out, however, she could get rid of double the deposit.

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The Greek for residence is spíti. Once you head to Greece, estate agents are controlled by legislation and will be professionally qualified and accredited.

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You should also have interaction a lawyer. When buying a assets in Greece that you are demanded by legislation to interact an attorney anyway, and it really is sensible to settle on an English-speaking a single. You could find Worldwide assets attorneys at shows which include