Is the house price in Greece expensive? What is the list of Greek immigration expenses?

Buying a property in Greece can not only experience the country like a local, enjoy a new lifestyle rooted in the sun, but also successfully gain identity. However, due to the lack of language ability, the challenge of currency fluctuation and unfamiliarity with overseas real estate market, do many people think that Greek immigrants are expensive?

1. Is the house price in Greece expensive? Generally speaking, housing prices in Greece are not expensive. Real estate in downtown Greece is about 70% cheaper than that in downtown Britain, and housing prices in rural areas are 63% cheaper than that in downtown Britain. The average price is between 1, 3 13 and 1, 545 euros (1, 123 to 1, 32 1) per square meter, and 3,055 to 4,330 pounds in the UK. Because sometimes there is a big difference, many foreigners who want to buy a house in Portugal begin to pay attention to the housing prices in Greece and go to Greece to buy a house in order to gain identity.

Second, the list of Greek immigration expenses Buying real estate in Greece is not just the cost of real estate. In addition, the applicant also needs to know the taxes, attorney fees, handling fees and other expenses in the total budget. In Greece, it depends on buying a second-hand house or a new house, paying cash or getting a mortgage. Generally speaking, applicants need to increase the property price by about 10% to 15% to pay taxes and additional value-added tax. It should be remembered that the tax on the purchase of real estate is sometimes related to the purchase price. The specific costs are as follows:

1, the property purchase tax in Greece is about 7% of the initial evaluation value of your new house in Greece, and the rest is 9%. According to the actual situation.

2. Value-added tax for new houses New properties need to pay value-added tax, but there are some exemptions. For example, the value-added tax rate of houses in Aegean Island is reduced from 24% to17%; Some development projects are exempt from VAT, provided that they are sold in February 65438+2022 and a few days before 3 1. The Greek government lies in. In 2020, the VAT suspension plan will be launched to cope with the number of unsold new development projects, so it is very worthy of consideration by overseas people.

3. Land registration fee The land registration fee depends on the assessed value, but it is usually about 0.3% to 0.5%.

4. Notary fees Foreigners who buy a house in Greece need to appoint a notary. Their main task is to draft the final purchase contract and ensure that all documents are filed correctly. The notarization fee for purchasing real estate is generally about 2% of the assessment tax.

5. Legal fees Greek immigrants also need lawyers or property transferers, which is a legal requirement in Greece. The cost of transferring services, including inspection of land, property and title deeds, may be as high as about 1% of the appraised value of the property.

6. Greek community fees Community fees for local services, such as road maintenance. The community tax is calculated at 3%.

7. Real estate agency fees Most British foreigners will cooperate with local real estate agencies in Greece. The agent will provide suggestions for different regions, search for real estate within the budget, and provide information on relevant lists. The cost of intermediary agencies is usually 2% to 5% of the real estate price, which is usually shared by buyers and sellers. The specific cost is subject to the actual situation. In some cases, the real estate price includes the seller's real estate brokerage fee, so the total cost will be summarized in the sales value.

8. Exchange rate cost Overseas people who want to buy a house in Greece need to pay close attention to the euro/RMB exchange rate. Because exchange rate fluctuations sometimes have a significant impact on the overall budget, it can save money to convert RMB into euros at the best time. Generally speaking, it is more cost-effective to convert cash into euros and pay directly from local accounts. International transfer is very expensive, because every cross-border transaction has to pay a certain transaction fee.

Of course, the above fees are only reference fees, and the specific fees and prices are subject to the actual situation. In a word, Greek immigrants who bought houses have aroused widespread concern from overseas people. Overseas people want to buy a house in Greece, so they must know the relevant expenses before they can buy a house smoothly!

Are the above expensive in Greece? All the contents of the Greek immigration fee list, understand these conditions and you can apply for European immigration. I hope you can know how to apply for European immigration after reading our answer.