What tax will I pay when purchasing property in Greece?
It’s essential to be cautious, as Greek tax laws vary. Generally, the rate is 3.09% (rather than 10% as before January 1, 2014) for properties from investors with building permits issued before January 1, 2006, though it has been 24% for permits issued after this date. For properties purchased from a private owner, the tax remains 3.09%, regardless of the building’s construction date. The 24% tax has been suspended but could return (Article 6, VAT Code, L.2859/2000).

