Property Taxes in Greece: Guide for Foreign Buyers

Understanding property taxes in Greece is essential for investment modelling. Key taxes include: 3% transfer tax on resale property purchases, ENFIA annual ownership tax (typically €500-3,000 for Chania villas), income tax on rental income (15-45% progressive), and VAT at 24% which may apply to new builds. Capital gains tax on property sales is currently suspended for individual sellers.

Tsianis Group — Boutique real estate development in Chania, Crete, Greece.