Tag: property

Fair market value up by 40% on property prices
FINANCE
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FINANCE
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Fair market value up by 40% on property prices

Panos - Jun 04, 2021

Changes in 13,808 property zone prices across the country are expected to affect the fair value costs of houses recently completed. The new adjustments are expected to…

Foreigners looking to buy Greek property amid Covid-19 pandemic
FINANCE
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FINANCE
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Foreigners looking to buy Greek property amid Covid-19 pandemic

Panos - May 07, 2021

Despite the pandemic, the demand for a permanent holiday home in selected destinations in Greece by foreigners is on the rise, even reaching double digits, a positive…

Greek citizen wins right to property appeal in Turkey
GREECE
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GREECE
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Greek citizen wins right to property appeal in Turkey

Panos - Jul 08, 2019

Turkey’s Constitutional Court, in an unprecedented decision, has overturned the revocation of a certificate of inheritance from a non-citizen. Istanbul-born Greek national Ioannis Maditinos lost his Turkish…

FINANCE
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‘Surplus profit’ tax returns on property transactions in Greece next year

Panos - Dec 18, 2017

A resumption of a previously unproductive tax on "surplus profit" from the sale of all types of real estate in still bailout-dependent Greece will again come online…

FINANCE
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Property value plummets by 34% in Greece

Panos - Jul 20, 2017

The median value of houses in Greece has recorded a significant fall of 34% between 2009 and 2014, from €106,340 to €69,834. According to official data by…

FINANCE
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ENFIA property tax to burden 7.3 million Greeks

makis - Aug 17, 2016

7.3 million property owners in Greece will be called upon to pay a total of 600 million Euros for each month from September through to January 2017,…

GREECE
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Police evacuate illegally occupied Thessaloniki property

Sokratis - Apr 23, 2016

Police on Saturday forcefully evacuated a property in the Toumba district of Thessaloniki, northern Greece, that had been illegally occupied. Fourteen foreign nationals, aged between 16 and…