Athens Real Estate ☼ house/apartment for rent in Athens house/apartment for rent in Athens

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Should I rent or buy an apartment in Athens, Greece?


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Athens Real Estate Calculator
Finding a Home In Athens If you plan to rent or buy a property in Athens, finding your property will be a major step in your relocation to Athens. If you have not lived in Athens, you should rent rather than buy your property in Athens, at least for six months. If you would like to rent or buy a real-estate property in Athens you may email us at webmaster@greece-travel-guide.de with your real-estate questions. It is the best way to know not only if Athens is the place you want to live or retire for the next few years, but also if Athens is suited for you. Apartments & Houses in Athens If you are planning on living in Athens, it is likely that you will be living in an apartment/condo versus a house. Please make sure that modern equipments, such as electricity and water should function to the maximum. Please double-check and make sure electrical outlets are located in every room and functioning. Make sure you turn on the water and make sure that hot and cold water is functioning and flush the toilet, turn on the shower. Don’t count on real-estate agents in Athens to point out the negatives of a place they’re trying to rent or sell you. Athens Agencies Real-estate agencies in Athens advertise in local Athens newspapers and as well on their office windows. You should be able to notice a real estate agency in Athens by the window full of ads for the different apartments or houses they have available for rent or sell in Athens. Before you begin working with an agency in Athens, check that their fees are acceptable and that they are a member of the Athens Real-estate Assocation. In most rental agreements in Athens most agencies charge a month’s rent for a twelve-month rental agreement. When selling a property in Athens, real-estate agents in Athens usually charge between 2.5% and 3% of the final sales price.
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Total estimated cost of renting a property in Athens:	€
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After coming to an agreement on a rental or purchase, both parties in Athens sign the contract. However, it is not a legal agreement until the appropriate seals of the city of Athens with a tax stamp has been purchased and affixed to ther agreement. You have to make sure before finalising the lease or purchase that the official seal of Athens will be affixed to the agreement. Renting Real estate agencies in Athens are the safest way if you want to rent or buy a property in Athens. Please make sure they are a licensed agent in Athens and very familiar with the Athens property market. Local newspapers in Athens also advertise apartments and houses for rent, but word of mouth is the best way in Athens. If you are currently an academic in Athens, you could check local at local universities in Athens, where apartments or rooms for rent are commonly posted. In general rental rates in Athens, increase by a small percentage each year in accordance with the government’s annual cost of living reports in Athens. You can find yearly leases in Athens, and more short-term housing is available near academic institutes or around tourism areas within Athens. Short-term tourist housing in Athens is fully furnished and most of the time fully equipped. If you have the budget, you could rent a serviced apartment in Athens. If you want to buy a property in Athens, I would highly suggest you to have the property checked out by yourself and hire a lawyer in Athens to check how much debts the property has currently registered and if those numbers matched with the seller of the property in Athens. If you are buying a brand new property, you’ll need to pay property tax in Athens. If your purchase is a luxury property, you may have to pay local taxes in Athens and possible stamp duty. Even as a non-resident homeowner in Athens, you may become liable for all kind of taxes in Athens, including income tax. Athens Mortgages If you plan to take a mortgage in Athens you need at least a 20% downpayment of the purchase price of the property in Athens. Even if you generate rental-income from renting your Athens property out, it is not considered by most lenders as you may decide to move in, at a later time. The Athens Real Estate calculator will help you to compare the costs of renting a house or condo in Athens to the costs of buying a house or condo in Athens. Since there are all kinds of forces at work behind the scenes such as the current interest in Athens, Athens property taxes, tax savings, appreciation in general to investments in Athens, comparing the cost of renting to the cost of buying in Athens is a lot more complicated than just comparing the monthly mortgage payment to the monthly rent payment. The Athens Calculator attempts to forecast the net effects of all the hidden forces so you can make an informed decision before buying or renting a property in Athens. Help Buttons: For pop-up explanations of any of the entry fields, click the radio button next to the description. NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields. Property Types in Athens Athens Multi-Family Traditional, multi-family residential complexes located in Athens and suburban markets of Athens. Athens Mixed-Use Properties in Athens that integrate and combine residential with different uses, including retail and office spaces. Athens Office Traditional office or office type properties in Athens. Athens Retail Properties in Athens with a mix of tenants that meet the convenience needs of neighborhood residents, including video stores, grocery, and financial services companies within Athens. Athens Light Industrial Single- or multi-tenanted spaces in Athens used for warehouse, manufacturing, distribution, or research and development in Athens. Halkidiki Real Estate - Athens Real Estate - Heraklion Real Estate - Paros Real Estate - Santorinin Real Estate - Crete Real Estate - Rhodes Real Estate - Thessaloniki Real Estate - Corfu Real Estate - Mykonos Real Estate - Iraklion Real Estate

Athens Real Estate Calculator