Real property law
New property tax in the mail
Ownership of even a small plot of farmland will add to the owners tax burden this year.
By Prokopis Hatzinikolaou
The first payment notices for the new Single Property Ownership Tax will start dropping into the letterboxes of about 5 million owners next month. It will be payable in six monthly tranches.
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Environment Ministry aims to create more flexible rules for building activity
Greeces zoning laws are to be made much more flexible, according to draft legislation prepared by the Environment Ministry and put to public consultation on Thursday.
Greek REIT said to seek $1.4 billion as foreign investors return
Pangaea REIC, the real estate investment trust owned by Invel Real Estate Partners and the National Bank of Greece SA, aims to raise about 1 billion euros ($1.4 billion) to invest in Greece and Italy, three people with knowledge of the matter said.