Property Purchase Tax 3%
Property purchase or transfer tax is 3% from the 1st of January 2014 in Greece .
By virtue of the official notes of the NΘ ' , 21 December 2013 , full member Meeting of the Greek Parliament , the draft of Law was voted for regarding the Unified Real Estate.
PropertyTax and other provisions. Specifically, according to the Article 11, which regards the reduction of the real estate purchase or transfer tax, the real estate purchase or transfer tax is three percent ( 3% ) on the taxable value of the property ( instead of the previous legislation by which the transfer tax was 8 % for part of the value up to 20.000,00 EURO and 10 % for the exceeding this amount part of the value. ) These stipulations apply to transfers that will take place from 1st of January 2014.