real estate

The total value of real estate assets in Greece has been estimated to be about 1 trillion euros, based on the data submitted by...

The coalition government is planning on submitting an amendment which will provide a 20% discount on the highly controversial...

The government Vice President Evangelos Venizelos announced delay by one month for the payment of the first installment of...

The Ministry of Finances announced that tax payers can amend their real estate declaration without any penalties by the 30th of...

The property owner federation POMIDA has requested a 50% cut of the unified real estate tax (“ENFIA”) for vacant property...

The state electrical company DEI is planning on increasing its household tariffs in July, while reducing the cost of energy for commercial...

Υπερβολικές χαρακτηρίζουν Κινέζοι αξιωματούχοι τις πρόσφατες εκτιμήσεις διεθνών οίκων για την αγορά ακίνητων της Κίνας , υποστηρίζοντας μάλιστα πως ενδεχομένως να κρύβουν και σκοπιμότητες.

Despite Prime Minister Antonis Samaras claiming to work towards developing an “Attic Riviera, which would extend from Faliro to...

The Economic Chamber of Greece (OEE) has announced a series of tax reform “interventions” which aim to improve taxation, correct...

Η νεόκοπη αγορά της τουριστικής κατοικίας και ο κλάδος της φιλοξενίας θα είναι οι μοχλοί για την επανεκκίνηση της αγοράς real estate στη χώρα, χάρη στις ανοδικές τάσεις που παρουσιάζει ο τουρισμός και το φιλικότερο επενδυτικό περιβάλλον για κατασκευαστικά έργα και ξένες επενδύσεις, που ανοίγουν τον δρόμο στην προσέλκυση ξένων κεφαλαίων.

The Supreme Court discussed the appeal that has been filed against the ruling which referred fourteen people to trial over the Vatopedi scandal, which includes ...

The visiting troika representatives met with the management of privatization fund TAIPED on Wednesday and discussed public land and how it would be possible to...

The Ministry of Finances was intending on submitting a draft bill in Parliament on Thursday the 20th of February, however the recent developments regarding the troika have forced a change of plans. The new bill includes a huge reduction of tax fines, up to 70% in some cases, such as late submission of tax returns. […]

According to a study conducted by the research and analysis department of the Re/Max Athmonon real estate agency and the Char. Meidanis & Associates legal firm, the real estate market has all but collapsed, with about half of sales being bellow the taxable objective value. The study focused on the registered sale of real estate […]

The Deputy Minister of Growth Notis Mitarakis is on his way to China, where he will meet with government officials, representatives of Chinese industry and Greek businesses that operate in China. During his stay in Beijing Mr. Mitarakis will meet with the Deputy Minister of Foreign Affairs Wang Chao, the Deputy Minister of Trade Zhong […]

The Prime Minister Antonis Samaras recently gave an interview to the German Bild newspaper, where he addressed concerns over Greece’s finances and the possibility of a third aid package. Mr. Samaras also took the opportunity to address reports that the Greek people are “richer” than Germans. Regarding the allegations that the Greek people are richer […]

Hundreds of thousands of Greek tax payers will have to pay up to five different taxes by the end of the week, with the government banking on the revenue for the much touted 2013 primary surplus, in order to be able to pay back an estimated 700 million euros to uniformed officers. On Friday the […]

The Ministry of Finances’ controversial 15% surplus value tax on property has prompted public notaries of freezing all real estate transaction due to their inability to implement the tax without the proper clarifications and details from the Ministry. The public notaries have complaining about the provision that they must withhold the tax from transactions and […]

The government’s decision to introduce a surplus value tax on real estate during the current economic recession and financial crisis is proving to be controversial for everyone in the property market; owners, public notaries and lawyers alike. As of the 1st of January, public notaries must submit a declaration of performance of a 15% withheld […]

The General Secretary of Public Revenue Haris Theoharis has announced that taxpayers will be able to pay their debts by transferring real estate property to third parties and ceding proceeds to the State. According to the regulation, the tax payer will be able to pay a part or the entirety of debts by making the […]