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Monday, 8 August 2016

Greece: The Costs of Buying and Selling a Property; ENFIA Property Tax

From eKathimerini (Greek) - Πόσο κοστίζει η αγοραπωλησία ενός ακινήτου


Doubly deceived, Alexis Papachelas

"These (older) people were brought up in a postwar culture which stipulated that owning properties, for instance, was a long-term, unshakeable investment. Now they don’t know what to do with these properties. They can’t sell them because no one will buy them, while the property tax, known as ENFIA, is draining their resources. Their fortune, once a source of security, is now weighing heavily on their shoulders".

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