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How to levy VAT on Greek real estate?
Greek real estate taxes and fees are relatively high. When purchasing, you need to pay 1 1% property tax, plus VAT and other taxes, and the total tax can reach 20%-30% of the total price. Therefore, some Greek real estate developers will introduce a one-price policy, and buyers only need to pay the total price, and the taxes and fees will be borne by the developers to reduce the real estate tax and fee expenditure. In addition, for holding Greek real estate, the annual property tax rate that investors need to pay is 0. 1%, and the self-occupied houses with a value of less than 200 square meters and less than 300,000 euros are tax-free.
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