Amorgos island real estate in Amorgos Greece. Houses villas
hotels for sale in Amorgos island.
Amorgos island real estate in Amorgos Greece. Houses villas
hotels for sale in Amorgos island. Within this article one can
find what to consider, and the steps one needs to take when
purchasing a property on Amorgos island.
1. Find first a property that is of your liking via the internet
or even better after a couple of visits to Amorgos island. Keep
a record of all the properties you visited in Amorgos Greece.
Prices of Amorgos island real estate will vary greatly. One will
also note a big gap in the city evaluation, and the market value
usually the city evaluation being lower up to five times,
however in some case the city evaluation will be greater than
the market value, so don't get taken for a ride.
2. Pay special attention when purchasing land, on Amorgos island
in Greece.
If one decides to purchase land and wants to build, the building
laws in Greece change frequently therefore you will also have to
hire an engineer or a topographer who will inform you about the
specific piece of real estate in Amorgos Greece. A lawyer and a
notary cannot help you out in this step. If they do you will be
getting wrong input, and might end up with some Amorgos island
real estate which is not usable.
3. The costs when purchasing Amorgos island real estate are as
follows. Calculated on the city evaluation or the price put on
the deed of sale, which ever is greater, the notary will charge
you about 2% the lawyer from 1.5% to 2%, and the government
transfer taxes today are about 13%, however the government tax
rates concerning real estate in Amorgos Greece change from time
to time. Engineer costs for land purchasing may vary from 300 to
1000 euros. Also if a real estate agent in involved the agreed
fees must be paid or else action may be taken against you down
the line. 4. After the job is done from the lawyer and notary
ask from the Amorgos island real estate registry the 4
certificates concerning your real estate in Amorgos Greece.
These should be a certificate of ownership, one that states
there are no existing loans or leans, a certificate that there
are no claims private or government against your Amorgos island
real estate, and a certificate of transcription or in simple
words that your deed is actually registered at the Amorgos
island real estate registry.
5. Don't forget that after all of the above you will be required
to submit income tax for the next fiscal year. In the income tax
form you submit you will be required to prove where you got the
funds to purchase real estate in Amorgos island in Greece. For
more details don't forget to ask you lawyer, before purchasing
your favorite piece of real estate in Amorgos island. Be careful
with this step, you don't want any unexpected surprises down the
line. If you can't prove where you got the funds, the purchase
value on the deed of sale as well as the notary fees will be
calculated as an income and you will be taxed on this amount in
an escalating form, from 0% to 43% about, which is the same
scale as one has to pay for Greek income tax or income tax in
Greece.
This article is designed to help people interested in purchasing
Amorgos island real estate. Here are also a few more tips about
Greece. Rooms Apartments in Athens Greece Athensrooms. Free Greek
travel information traveling in Athens Greece Greekster. Apartments
in Athens Greece Self catering. M
Savard Inspirer, author, professor, astrologist. Thanks