What Privel Offers

Real estate development in Greece has seen significant interest and growth. Economic recovery in combination with improved fiscal stability have contributed to a more favorable investment environment. Moreover, in popular destinations like Athens, Mykonos, Santorini, Rhodes and Crete, tourism industry is a major driver of real estate development. As the tourist industry continues to thrive, Greece is going to face a spurred demand for hotels, resorts, and vacation rentals with coastal areas and islands remaining top choices for residential and hospitality developments.

In addition to that, Greek Government has introduced various incentives to attract foreign investment, including the Golden Visa program, which grants residency to non-EU citizens who invest in real estate. Major urban centers, particularly Athens and Thessaloniki, are experiencing redevelopment projects aimed at modernizing infrastructure and improving urban living conditions. On top of that, investments in commercial real estate, such as office spaces and retail centers, are also on the rise in Greece.

Property taxation is an important factor that affects the cost for the acquisition and possession, as well as the income from the use and the profits from the sale of a property.
Considering that property taxes are complicated by its nature and unlike other tax areas, where the tax impact of an economic growth or an economic decline may be reflected on the taxpayers’ tax fillings, taxpayers should take careful strategic steps for the ongoing alignment with the changes of the economic environment.

Our team of experts work closely with notaries public, lawyers, real estate valuators and engineers in order to meet your needs and assist you facilitating the procedures by making it easier to you.

We are here to assist you.

Our Solutions
  • Tax structuring of investments in real estate – from family businesses and private equity, to corporate or foreign individuals investors
  • Inheritance tax advisory services
  • Real estate transfer tax and withholding taxes advisory
  • Providing advice for assessing and managing tax liabilities related to purchasing, holding and disposing of real estate properties.
  • Tax advice on financing and refinancing structures for real estate
  • Tax advice on real estate development and management services
  • Financial, Legal and tax due diligence
  • Interface to other advisors and jurisdictions
  • Purchase price calculations and valuations
  • Advisory services in connection with accounts warranties and tax clauses