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Last year ended with an increase in residential sale and rental prices, as in the last quarter average asking sale prices increased by 7.9% year-on-year and by 2.2% compared to the third quarter of 2024. Correspondingly, the average asking rental rates increased by 5.8% compared to the fourth quarter of 2023, while they moved at…

Taxes on Buying Property in Greece When purchasing property in Greece, buyers are required to pay either a transfer tax or VAT. The same rules apply whether the property is bought by an individual or a company. The tax type and rate depend on the property’s nature. VAT (Value-Added Tax): If the property has been…

This peninsular region has beaches, mountains, and luxury homes at much lower prices than in the popular Cyclades islands Kassandra is the most developed part of Halkidiki, in Greece’s northern Macedonia region. Three peninsulas make up Halkidiki, an 1,130-square-mile area in Greece’s northern Macedonia region. Like a trident, Athos, Sithonia, and Kassandra stretch into the…

A notable number of American citizens dissatisfied with Donald Trump’s recent election victory are considering relocation to Europe through Golden Visa programs, with Greece emerging as one of the preferred destinations. According to a CNN report, interest among more affluent American citizens in EU Golden Visa programs has surged following the US presidential election. These…