New buildings look more attractive for investitions now!
Great news for those who plan to buy properties in Greece! From 1st of January 2020 all new buildings and all new properties built after 01.01.2006 are released from VAT tax for 3 years!
For now all buyers of new built properties pay 24% VAT tax (for 2nd hand properties the tax is 3% only). But after 01.01.2020 the tax for new and 2nd hand properties will be the same – 3%! It makes purchase of new properties in Greece more attractive and economically advantageous!