Tag: Greek Property



Fears that New Greek Property Tax could Stall Recovery

Posted on 13 February, 2014 by Cliff Goodwin under Economy, Worldwide Property News

With property prices falling by 32 per cent since 2010, Greece has now reduced its tax on the sale of properties to just three per cent. Previously anyone buying a commercial or domestic property in Greece had to pay eight per cent on the first €20,000 of... Read More

Greek Commercial Property Market Predicted to Bottom Out by 2014

Posted on 24 March, 2013 by Jodee Redmond under Worldwide Property News

Market insiders say the Greek commercial property market is ready to bottom out by next year and will start to post higher numbers in 2014, if not sooner. Rental rate renegotiations and a general reduction in prices is expected to continue until the third... Read More