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huge disparities in new property rates | business




property market groups and professionals, including surveyors who participated in proposing the new property zone rates, appear to have been proved right in predicting the risk of overtaxing the country’s properties – unless other factors come into play in determining the final amount of the sin...



new property tax rates to be introduced over three years | business




the finance ministry is processing a plan for the gradual application of the new "objective values" (property rates used for tax purposes) so as to spread the extra burden on property owners over three years.this way millions of owners won’t have to pay a massively increased bill for their single ...



new greek property zone rates announced | business




the ministerial decision announcing the adjusted new zone rates at which property owners in greece will be taxed were announced on tuesday morning and will be going to parliament for approval by wednesday.according to the new rates, which aim to bring property values closer in line with market price...



office rental rates record an increase on rise in demand | business




rental rates for modern office spaces in athens remain exceptionally attractive, as according to data collected by various surveys they remain 33 to 42 percent below their peak a decade ago. combined with the improvement in business sentiment, this explains the increase in demand over the course of ...



greek property market by far the worst performer in the eu | business




greece is once again a property market laggard, as eurostat data for the first quarter of the year published on wednesday suggested that local rates showed the biggest decline in the european union, coming to 1.8 percent on an annual basis.this is over four times as high as the second-worst performe...



property prices slipped 0.3 percent on annual basis in q4 | business




greece and italy are the only european union countries to have seen property prices shrink in the last quarter of 2017, according to eurostat figures.both countries saw house rates slip 0.3 percent on a yearly basis, indicating that they are close to joining the rest of the bloc in returning to norm...



real estate owners brace for new levies | business




the new objective values (property rates used for tax purposes) to be announced in mid-june will only be the starter for property owners, as it is expected that the main course will be particularly hard to digest when it comes in 2019.the post-program tax shock for hundreds of thousands of owners wi...



no change to ‘objective values’ before 2018 | business




thursday may 4, 2017 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 09:59 no change to ‘objective values’ before 2018tags:property, taxationthe property rates used for tax purposes (known as “objective values”) will not be adjusted before ...



no change to ‘objective values’ before 2018 | business




thursday may 4, 2017 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 09:59 no change to ‘objective values’ before 2018tags:property, taxationthe property rates used for tax purposes (known as “objective values”) will not be adjusted before ...



bigger tax bill for owners of large property | business




saturday march 3, 2018 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 12:50 bigger tax bill for owners of large propertyprokopis hatzinikolaoutags:property, taxationa number of court decisions and the exemption of property owners who have suffered...



bigger tax bill for owners of large property | business




saturday march 3, 2018 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 12:50 bigger tax bill for owners of large propertyprokopis hatzinikolaoutags:property, taxationa number of court decisions and the exemption of property owners who have suffered...



bigger tax bill for owners of large property | business




saturday march 3, 2018 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 12:50 bigger tax bill for owners of large propertyprokopis hatzinikolaoutags:property, taxationa number of court decisions and the exemption of property owners who have suffered...



cost to drop for property transactions, inheritances, etc. | business




property transactions will become less costly as of april, as far as the tax load is concerned, in areas where “objective values” – property rates used for tax purposes – are reduced. the finance ministry is planning to make no changes to all tax rates related to sales, parental concessions,...



office space rates stabilize in 2016, with positive signs for 2017 | business




the course of commercial property prices appeared to be stabilizing last year, which was confirmed by the notable strengthening of investment activity, a trend that has continued this year.the latest available data from the bank of greece showed that nominal acquisition rates of high-standard office...



greece remains the worst performing property market in the eu | business




greece remains at the bottom of the european property market regarding the course of prices after the second quarter of the year, according to data issued on wednesday by eurostat.all european union member-states saw an increase in property rates this year, with the exception of greece – where, ac...



‘objective values’ need more tweaks | business




the european commission’s compliance report on greece provides for the adjustment of property prices used for tax purposes – known as objective values – by 2020, effectively disregarding the new rates issues last week.the creditors have obviously chosen to turn a blind eye not only to the proc...



new objective values to be issued in june, with many enfia hikes | business




greece’s 7 million property owners will find out next month what the new taxable rates in their area will be, ahead of receiving their single property tax (enfia) pay notices in the last few days of august.the recently formed committee tasked with processing the zone rates recommended by property ...



property auctions are certain to drive market prices even lower | business




professionals in the property sector are warning that the auctioning of tens of thousands of buildings in the next few years could evolve into an unknown – probably negative – factor regarding the course of prices in the market.it is estimated that a wave of auctions expected to begin soon will ...



koukaki sees property sale rates soar | business




koukaki, the central athens neighborhood at the foot of the acropolis, has been living in a parallel economic universe compared to other parts of the capital, thanks to the boom in short-term leasing becoming part of the investment plans of foreign investors.according to estate agency data, a renova...



finance ministry considers phasing in property tax rise in two stages | business




the finance ministry is examining new strategies regarding the new “objective values” (property rates used for tax purposes), as the plan for two separate sets of values for each property appears to be a nonstarter, while the country’s creditors are pushing for an automatic mechanism to revise...



property zone rates are set for yet another delay | business




less than three weeks before the deadline, almost a third of the country still doesn’t have adjusted “objective values” (property rates used for tax purposes), and the reason for that is that the task force set up at the finance ministry has identified major differences in the zone rate recomm...



surveyors can’t make objective value proposal deadline | business




property surveyors are asking for an extension to thursday’s deadline for the submission of proposals for the new property zone rates to be used for tax purposes (known as “objective values”) as they are currently unable to fulfill all the requirements. meanwhile the dominant trends in the pro...



new ‘objective values’ won’t be out before end of april | business




the adjustment of the property rates used for taxation purposes (known as "objective values") will require some significant interventions by the government to property taxation if it is to avoid exorbitant hikes in areas which currently have much lower rates.government discussions on the matter are ...



imf sees rise in athens property rates | business




international monetary fund data are showing an impressive annual growth rate of 5 percent in athens property prices from 2013 to 2017, though rates in the rest of the country slid by 5 percent every year over that period.the figures show that greece is the only country monitored by the imf to see s...



realty check: budget: rs 1 crore - rs 1.5 crore




business standard brings you a snapshot of average current rates and unit sizes in localities that offer property in the price range of rs 1 crore-rs 1.5 crore. if you are looking at buying real estate, an idea about prevailing rates would come in handy.