Which properties can save VAT of 24%

The real estate market is expecting a 24% VAT halt on new construction, expecting an increase in home sales and overseas capital to be invested in domestic real estate.

The measure, which will be included in the new tax bill, which will be filed in October and is expected to be immediately implemented with the financial staff to consider joining the three-year VAT suspension scheme, not just for permits issued after the vote. of the bill as well as the properties whose permits were issued from the beginning of the year.

At the same time, the suspension of VAT on transfers is also being considered for unsold properties built in recent years. However, this scenario, according to The News, faces several technical difficulties.


The market expects that properties that remain unsold in the hands of developers will be easier to sell. It is estimated that today newly built unsold properties reach 100,000.

Real estate data shows that 7 out of 10 real estate buyers prefer old real estate over 30 years old.

Source  – aftodioikisi.gr

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