How to buy a property in Greece High ROI Real Estate Investment
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- Опубліковано 23 сер 2024
- Information by property investment expert Valeria Frunze CEO of E I PROPERTIES GROUP. For more information you can email is on info@eiproperties.co.uk
LinkedIn / valeriafrunze
Video about property investment in Athens • Property Investment Op...
Very informative video, Valeria.Thank you !
This video is super helpful! Thank you so much for sharing. 😄
Thank you very much for your feedback.
thanks for the video
Very good info
Fantastic Valeria
useful info
Very accurate
Do you have a video about expenses after you own the property such as koinochrista, property and municipality taxes?
I can make one, thank you
Thank you very much for all the information.
How high is the yearly property tax (%) , on which value does it depend?
Yearly you pay per SQM and each area is different. And also rental income tax if you are renting the property
Let me tell you that you look to buy property in Greece in the wrong way i will tell you how to do it correctly, go to your Empassy and ask them to introduse you to the lowers and then going through REMAX like the Israelis, the Chines and many others to find a property, Then when you buy you must pay some small fees to the agents that is 1,5% from the total price not more than that, All the aeries they get a Square meter price that is easy to find them even using CHAT GPT and then you must start the nagosiations
the costs appear to be significantly more than purchasing a house in the UK
Well in the UK you will pay a layer. And stamp duty etc
So proud 😅
Thank you for the information. Is a different to buy a property in Rhodes Greece ?
The same thing stands for the entire country. Thank you for watching Betty. I hope it was useful for you.
can you please recommend me a conveyancing layer company to purchase a property in stilida crete i would much appreciate it many thanks costa from the uk
Dear Costa,
Our lawyers are based in Athens mostly. Please note that the main job is made by the notaries in Greece. Also the estate agents that are trading locally could recommend you to someone on the island.
Mulțumesc frumos pentru informații 🙏🏻 Daca ar fi sa alegi între Kefalonia, Lefkada și Zakynthos sau insula Creta care se consideră cea mai mare si mai vizitată de turiști ce ai alege ?
Buna ziua Constantin, nu sunt la curent cu statistici turistice. Daca vrei să investești în imobiliare pe insule, ți-aș recomanda sa vezi una care are facultăți, astfel poți să profiți de chirie tot anul in jur.
Hi Valeria My question is there anything special other than a Passport for me to have if I am interested in purchasing a BnB property there and how the tax rate is determined and what it would be? Would that be similar to having or being a Tax Resident ? Also would
I be required to spend a certain living there or can I have it managed from a distance at my home not in Greece ?
In Greece you can invest and get a golden visa ( residency permit that will allow you to travel and be in all Schengen region.
At the moment you need to invest 500k euro ( you can buy one or 2 or 5 properties with this budget) there are several regions in Greece which are underdeveloped and the government is offering a discount of 250k golden visa investment.
Property income tax is 15% if your rental income is below 12k.
Yes you can leave somewhere else
What if I'm en EU citizen,should I need to open a bank account too?
Hi
You need a passport, a tenancy agreement and a bill confirming the address.
And sometimes a work contract.
@@frunzevaleria8167is it true you can no longer purchase a home for cash? How do I buy it, I don't use banks.
Not necessarily, but us better if you do, as it will be easier to operate on bill payments, rental income and other activities.
@@SutterKrump you will still need proof of income and whatever you agree with the seller. Also cash was never a preferred payment method in Greece and any other civilised countries.
To be on a safe side you might want to consider using back accounts. And it is not safe to carry fisica cash nowadays.
It is always good to innovate.
@@frunzevaleria8167 but I don't use banks, I've never had a bank account. I only use cash and I will use cash to buy property. So it's possible then?
You're pretty ✨🙈