A new taxation bill recently put before Parliament by the ministry of National Economy and Finance introduces important changes in the property market. According to a ministry announcement, the proposed modifications are aimed at stimulating the property market and generally revivifying the economy, comprising tax reductions, investment incentives and measures to facilitate financial transactions. At the same time the bill confronts long-standing challenges such as the lack of affordable housing, the regulation of short-term rentals and adaptation to the consequences of climate change.
Continue readingTag Archives: long-term rental
New rules in the short-term rental market
An article published in Haniotika Nea summarises the regulation changes for short-term rentals which were initially announced by the Prime Minister in his speech at the Thessaloniki International Fair, and examines their possible impact on the housing market.
Continue reading