All new settings in the Properties Transaction Tax
Following the enactment of new tax Law briefly made the following changes:
1. Reduced rates of real estate transfer tax to 3%. The rates are now uniform for all regions of Greece.
2. The first discharge home longer depend on the value of residence and not from the area. Specifically, the new tax-free thresholds for purchase of first house or land to build housing are as follows:
HOUSE PLOT
Single 200,000 € 50.000 €
Married 250.000 € 100.000 €
With 1 child 275.000 € 110.000 €
With 2 children 300.000 € 120.000 €
With 3 children 330.000 € 135.000 €
With 4 children 360.000 € 150.000 €
3. If the housing market, in exemption amount includes the value of a car parking space and a storage area for each surface to 20 m, where are in the same property acquired simultaneously with the same contract market.
4. Repealed the exemption for primary residence or Greek expatriates in abroad who are not resident in Greece at the time of purchase.
5. Abolished duty automatic premium and transaction fee property.