What is the average price of a house in Crete?
*Average sale price over the past six months….Chania Average Home Prices, by Home Size and Type.
| Property Type | Avg. Price* (€) |
|---|---|
| 1 bedroom | 70,000 – 120,000 |
| 2 bedrooms | 90,000 – 220,000 |
| 3 bedrooms | 118.000 – 290.000 |
| 4 bedrooms | 150.000 – 345.000 |
How much is property tax in Crete?
Tax for civil properties is a) 9% for the first 15.000 euros and b) 11% for the rest of the amount. Then 3% of this total tax is added as municipal tax. Tax for agricultural properties is a) 7% for the first 15.000 euros and b) 9% for the rest of the amount. Then 3% of this total tax is added as municipal tax.
Where do expats live in Greece?
Popular islands for expats living in Greece are: Corfu, Crete, Rhodes, Spetses, and Lefkada. Each has a little something of its own to offer. For example, if you’re looking for those idyllic whitewashed, blue-domed buildings, you’ll find those in Oia, on the island of Santorini.
Is real estate cheap in Greece?
But it’s not only the cheap prices that make Greek real estate appealing to foreign investors (much cheaper than other European countries like Portugal, Spain, Italy and Germany). It is an investment that gives foreign buyers immediate and strong returns on their Greek properties.
Can I live in Crete?
Crete has a large number of expats who live on the island all year round alongside the local population, so although the months between November and May are quieter, there is still plenty to do. It’s a great time of year to bond with locals and make yourself a part of the community on Crete.
Do you pay property tax in Crete?
Tax for civil properties is a) 9% for the first 15.000 euros and b) 11% for the rest of the amount. Then 3% of this total tax is added as municipal tax. Tax for agricultural properties is a) 7% for the first 15.000 euros and b) 9% for the rest of the amount.
