Can foreigners buy property in Crete?
Anyone can purchase property in here in Crete! Anyone can purchase property in Greece there are no longer any restrictions for non-EU citizens. And the purchase procedure is quite straightforward and streamlined, something you might not expect in Greece!
Can foreigners buy property in Greece?
Any foreigner can own a home in Greece. The country does not apply any restrictions on the purchase.
How much does it cost to build a house in Crete?
Realistically, you will need a minimum of around €120,000 for a 3 bedroom property, but there can be large variations. We can of course find you a traditional house in need of renovation for less than that, but the additional renovation costs tend to be around 1-3 times the purchase price.
How much is property tax in Crete?
Tax for civil properties is a) 9% for the first 15.000 euros and b) 11% for the rest of the amount. Then 3% of this total tax is added as municipal tax. Tax for agricultural properties is a) 7% for the first 15.000 euros and b) 9% for the rest of the amount.
Which is the best Greek island to buy property?
Best places to buy property in Greece
- Corfu. A mega popular destination for UK expats, the island of Corfu has a UNESCO heritage old town, beautiful sandy bays and lively tourist areas.
- Kefalonia.
- Zakynthos/Zante.
- Crete.
- Rhodes.
- Peloponnese.
- Athens.
Why do Greek houses look unfinished?
Unfinished buildings is a common sight in Greece. The reason is that greek people build what they need today and leave the rest of the building unfinished for the future. It may seem that the Greeks are constantly building houses – and they are. The Greek social security system (IKA) is still being built up.
How much is Greek property tax?
When you purchase a property in Greece, you pay a transfer tax, which is FMA. The tax rate is 3.09% of the taxable property value. There’s a system of “Objective Value”. It calculates how much a property should be worth depending on its size, location, and technical specification.
Are property taxes high in Greece?
Greece is one of the European countries that relies significantly on property taxes. In 2018, all property taxes (including both real property taxes and other property taxes) raised 7.9 percent of Greece’s total tax revenue.
Which is the best real estate agency in Crete?
Seafront plot with access to private beach suitable for tourism. Wow, what a fantastic Real Estate Agency, crete4me is. The team at crete4me marketed our property across Europe.
When did I sell my apartment in Crete?
In 2011, I marketed and sold my Apartment in Agia Galini through crete4me Real Estate based in Agia Galini. I was living in England during the sale and was so relieved to have them taking care of business on my behalf in Crete.
How to sell villas on the south coast of Crete?
Once the sale process commenced, they kept us informed on a weekly basis of progress, liaised with lawyers, engineers and buyers to keep the whole process moving forwards to completion of sale. If you are thinking of buying or selling on the beautiful south coast of Crete, we highly recommend you contact crete4me.
How did crete4me help me Sell my House?
On the morning of the sale, they very kindly attended the property, at short notice to deal with the removals company representatives to ensure that my furniture was shipped safely on its way to England.