Changes in property taxation for investors outside the European Union
The Greek government is preparing significant changes in how it handles foreign investments in the real estate sector. The goal of the new measures is to regulate the market and adapt to the country's current economic conditions.
According to initial information, the main measure concerns an increase in the property transfer tax for buyers coming from countries outside the European Union. This move is expected to directly affect those wishing to acquire property in Greece, increasing the total cost of their investment.
Experts state that this decision is part of a broader effort by the state to control property prices, which have risen significantly in recent years. By imposing higher taxes, the government aims to curb intense demand from abroad, which often makes it difficult for Greek citizens to access the housing market.
The real estate market remains one of the most dynamic sectors of the Greek economy, attracting the interest of international investors. However, the new regulations indicate a shift toward more careful management, with the aim of balancing the attraction of capital with the protection of the local market.
Details regarding the implementation of the new tax framework are expected to be officially announced in the coming period. Interested investors are closely monitoring developments, as these changes will determine the future of many transactions within Greek territory.