Bill Gates, a business tycoon who has been the richest man in the world by Forbes for 13 years, and the founder of Microsoft, has a special preference for Greece, the holy land of southern Europe.
Earlier, Microsoft announced that it would spend about 1 billion euros to build a large data center in Greece.
Recently, Bill Gates is planning to buy an island group in southern Evia, Greece, with a total area of about 22.5 square kilometers for 26 million euros.
Not only Bill Gates, but also Warren Buffett, Fosun, Amazon, Xiaomi, Alibaba, COSCO Shipping and many other well-known companies have chosen to invest in Greece.
As very forward-looking investors, entrepreneurs with long-term vision and pioneering spirit, many famous companies and bigwigs have entered Greece one after another, benefiting from their confidence and confidence in their economic and even social development.
According to the latest data released by the Bank of Greece, in the first quarter of 2022, apartment prices across Greece rose by 8.6% compared to the same period last year, with apartment prices in the capital Athens rising by as much as 9.7%.
Since Greece lifted all entry restrictions in May this year, a large number of international buyers have flocked to it. Now the policy is favorable for the frequent purchase of houses in Greece, and the property market in the capital Athens has returned to the grand situation of 2018-19.
#01
13% reduction in property holding tax
In 2022, the Greek property holding tax (ENFIA) was released in early May, and property owners can choose to pay in one lump sum or in ten instalments to ease the holding burden.
Greek Prime Minister Mitsotakis announced earlier that the property holding tax in Greece will drop by 13% this year. 80% of the Greek population will benefit from it, and foreign investors who have already bought a property in Greece will also benefit.
The final relief amount of the natural person ENFIA based on the total objective value of the real estate, the measures are as follows:
? 30% deduction for real estate value up to EUR 100,000
? 25% deduction for real estate value up to EUR 150,000
? 20% deduction for real estate value up to EUR 250,000
? 15% deduction for real estate value up to EUR 300,000
? 10% deduction for real estate value up to EUR 400,000
#02
30% increase in rent for three days
In addition to lowering property taxes, the Greek government is also considering lowering the tax rate on rental income from properties. This includes adding one or two tax brackets to ease the burden on landlords from rental income.
In addition, the top tax bracket (45% rate) is also likely to be eliminated completely, and rental income will be taxed at the set general income tax rate.
The stimulating effect of favorable policies on the market is obvious.
According to Greek media reports, from June 4th to 6th, the monthly rent of an apartment in Athens soared from 500 euros to 650 euros, an increase of nearly 30%!
#03
Where is the best place to invest in Greece?
Investing from €250,000 to buy a property in Greece with different functions:
1
Identity function
The minimum purchase price of 250,000 euros is to purchase a house for three generations to obtain permanent residence status.
2
Sojourn function
All plates in the Greater Bay Area south of Athens are very close to the sea, and holding a Greek permanent residence card can travel to the 26 European Schengen countries.
3
Investment function
Enjoy the development dividends of the "Belt and Road" Piraeus Port and "Europe's Las Vegas" Ellenico.
4
Education function
If you advance, you can attack famous European and American schools, and if you retreat, you can defend the joint entrance examination for overseas Chinese students. The six major international schools in Greece are all concentrated in Athens.
The wealthy coastal area in the south of Athens starts from Falilo Fisherman's Wharf, passes through coastal communities such as Alimus, and reaches the Vouliagmeni Peninsula. The coastline is more than ten kilometers long, known as the "C?te d'Azur". The most valuable real estate investment area in Greece!
Greece looks at Athens, Athens looks south. If you want to get the latest high-quality housing information in Athens, please send a private message to Xiaoxing to answer you one-on-one.
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