What taxes should be paid in Greece on real estate in 2023

In recent years, Greece has become one of the most attractive countries for real estate investment. The Greek Golden Visa Program offers favorable and flexible terms, unlike other European countries. It has fewer restrictions, and the limit starts at €250,000. At the same time, prices for residential and commercial real estate are pleasantly low. For the minimum required amount, you can buy an excellent, well-appointed villa in a resort area, luxury apartments in Athens, or a block of individual apartments in a single building.

Foreigners are also attracted by the mild, favorable climate, an abundance of sunny days throughout the year, and a warm sea. The standard of living in Greece is high, with every opportunity for relaxation, entertainment, work, and personal development. Another favorable factor that influences the decision to buy real estate in Greece is the well-thought-out, lenient tax policy. Greek authorities are extremely lenient with large residential property owners, trying to attract as many investors to the country as possible.

Amid the tense political situation, a natural question arises: can Russian and Belarusian citizens take advantage of such a lucrative offer? Investors are also concerned about the taxes they must pay when purchasing an apartment or villa, and the amounts they will need to contribute to the state budget later. We'll discuss this further.

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