Selling a property

selling a real estate property

selling a real estate property

Selling a real estate property in Greece ? 

Thank you for choosing Theodosia Karalla & Associates Law Office to represent you as regards  the selling  procedure. 

Please provide us with the following details and we will provide you with an estimation of fees , capital gains taxes and expenses for the procedure. 

- Your details  (name , surname , address, telephone number) 

 The area of the real estate 

- The agreed selling price 

- Date you purchased the real estate and purchase price 

Please do not hesitate to contact us for any questions you may have at 0030 6946115282. 

Capital Gains Taxes in Greece are Postponed

Capital Gains Taxes in Greece are Postponed

Capital Gains Taxes  regarding real estates in Greece,  have been postponed for two years, from the 1st of January 2015 until the 31st of December 2016, 

according to the stipulations of the article 90 of the Law 4316/2014. 

This was decided , as a way to boost Greece's real estate market and help the reflation of the Greek economy

 

Capital Gains Tax in Greece

 Capital Gains Tax in Greece

Capital Gains Tax 15% in Greece According to Law 4172 , Article 41, regarding property transactions, the stipulations of which will be in force from 01-01-2014 :

Any income arising from capital gains  from  transferring real estate property , which transferring does not constitute business , is subject to personal income taxes . The meaning  of this capital gains  income includes the market value of the building that has been erected on land owned by a third person by expenses of the tenant and is returned to the occupancy of the third person upon the expiration or termination of the lease agreement.

Legalisation of illegal parts of buildings

Legalisation of illegal parts of buildings

Legalisation of illegal parts of buildings

In  September of 2013  the declarations for legalisation of illegal parts of buildings will begin being submitted , according to the new legislation.  

The new legislation regards illegal buildings that were constructed  before  28.7.2011. The time of  their construction is proved by aero- photography, tax documents or documents from other public authorities.

According to the new legislation, there are two separate categories of the the illegal buildings according to the age of the building and three separate categories according to the type of illegality.