Property Taxes in Greece: A Guide for Property Buyers

Greek Property Taxes Guide provide at-a-glance information, as well as details on the Greek property taxes including all required documents.  The Greek property taxes framework continues to pose many challenges for real estate investors, home owners, buyers, and auditors. This guide provided from ARENCORES is intended to simplify the fundamental requirements involved in the Greek real estate taxation.

Greece Property Tax Highlights by Chania Real Estate Experts
Greece Property Tax Highlights.

Photo by Scott Graham on Unsplash

Property Taxes Highlights (2020 Updates)

To attract investment and achieve compliance, today’s real estate firms need a sound operating framework that provides insight on the Greek property taxes and transaction-fees structure. According to ARENCORES, a firm’s investment and property portfolio management has a critical role in the day-to-day activity, performance, sourcing, business development and search for valuable assets.

In Greece, tax collection performance lags behind the European average, while complexity and ineffectiveness are posing obstacles to fiscal consolidation. The Greek property taxes structure is characterised by high tax rates which do not result in the anticipated revenue. At the same time, while total annual tax revenues remain fairly stable the tax parameters are constantly changing, leading to a number of peculiarities.

Moreover, with a robust infrastructure, real estate firms can operate beyond reproach in the eyes of investors and shareholders, and show they hold sound investment opportunities. Through transparency, compliant operations, and accurate reliable data, they do manage risk and decide wisely on asset investments. And above all they have the ability to achieve the desired all-important, higher Return of Investment.

Property Taxes, Property Appraisal, Property Legalization Law, Property Management

ARENCORES provide reliable assessment reviews to ensure your properties are assessed at fair market value. Our team of licensed Chania Real Estate professionals works with you to develop a real estate management plan that fits your needs.

Our Property identification and listing strategies are based on bespoke solutions and a multitude of variables: from the kind of estate to its explicit and implicit features. We offer a wide range of services to fulfil your many and varying requests including the possibility of dedicated property searches if our current portfolio and off-market database fail to offer you the ideal property in Chania.

For any questions on property taxation, purchasing or selling costs or to set an appointment, please contact our team at +30 2821112777 or by email at info@arencores.com.

For more information please contact ARENCORES team. ARENCORES, is located on 26, Stratigou Tzanakaki Street, 73134, Chania, Crete – office hours are 8:30 a.m. – 5:00 p.m. Monday through Friday.

REDS - Real Estate Data Sources and Information for the Greek Real Estate Sector
REDS - Real Estate Data Sources and Information for the Greek Real Estate Sector by ARENCORES, Chania Real Estate Experts
Chania Real Estate Help and Resources
Chania Real Estate Help and Resources

Everything you need to know about the property transaction and home buying process in Chania, Crete.

Whether you’re looking for a detached house, a city center apartment or an office space, our guide will take you through all the required stages, from choosing a property which has the right usage classification to the finer points of the property transaction contracts and completion

Search for new properties for sale in Chania, Crete
Search for new properties for sale in Chania, Crete

Thinking About Buying a Property in Chania, Crete?

Think ARENCORES – Chania Real Estate Experts

ARENCORES offers a constantly updated selection of properties for sale with the purpose to offer its clients a full catalogue inclusive of prestigious estates, apartments and dream villas, located in the most extraordinary areas of the Prefecture of Chania.

Thanks to a selected portfolio which includes luxury apartments, villas and land estates, ARENCORES is able to offer professional guidance in the choice of your ideal property in Crete, with the support of its expertise and local knowledge combined with total confidentiality, exceptional ethical performance, transparency and reserve.

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