Why Greece?

Attractive Market

The Greek market is one of the most attractive investment destinations in the EU according to the latest EY European Survey. A growing need for urban housing combined with a low supply of new apartments makes the market even more lucrative.

Strategic Timing

There is significant value increase as potential market prices are about 25% lower than at their peak in 2008.

Attractive Tax Environment

  • CIT rate is 22%
  • Effective tax rate on capital gain
    + Sale of assets: corporate tax rate of 22%
    + Sale of shares of Greek real estate company by foreign
    entity is currently 0% Annual property taxes are reduced
  • Dividends paid to nonresidents are subject to 5%
    withholding taxes
  • Interest payment are subject to 10% withholding taxes
  • VAT has been currently eliminated on new housing
  • Annual property taxes are reduced

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With five years of experience, Oli Living guarantees excellent quality