Property renovations with tax benefits
The possibility to renovate their houses as well as larger building will have thousands of owners since 2020 as long as their payment will be done via bank transfers.
With the new law 4646/2019 is included tax benefits for ''green'' renovations as well. More than that, the new law includes 7 changes on the taxation of the properties through which the state is trying to reduce or even eliminate the tax evasions from rental incomes.
Another positive aspect of the new law is the cancelation of the surplus tax as well as the reduction on the purchase tax for newly built houses.
A breeze of growth winds in Greece and we need to catch those waves!