Greek property news

January 1, 2005

- Greek Property Laws



Tax Returns


According to a new law the Greek Government has passed, from the 1st of January 2005 everyone who owns real estate in the borders of the Greek State, is obliged to serve tax returns weather he / she has made income in Greece or not, together with a form in which he/she will declare any plot or building on which he/she has rights of ownership. This obligation is just for this year.

 

It is not necessary to attach copies of the title deeds or the building permits but these documents are necessary for the person who will fill in the forms with all the details (area in sq. meters, position, how old the building is etc.).

 

If you don’t have a Greek tax number, a photocopy of your passport is necessary plus your father’s name. Married couples who own property jointly serve one common tax return and will fill out one form for any real estate they both own.

 

The final day of submission for foreigners not making an income in Greece but possessing a property is 15th July 2005 .

 

If you want to transfer a property a certificate that you have filled out and served this form will be necessary and there will be fines for not doing it.


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