General rules when purchasing on the island of Zakynthos.

• The purchaser tax and fees are paid by the purchaser and they are normally calculated on the “officially Estimated value” of the property or land which is in most cases lower than the actual purchase price. This is so the purchaser does not pay the high tax payments.

• The purchase tax is between 9% - 13%

• Tax fees vary depending on area & possible use of the property

• Property owners are subject to a public tax which is included in the electric bill, which is payable every second month.

• 10 % deposit to secure the purchase is usually required on signing the agreement, that is non-fundable if the purchaser decides not to buy.

• Note

-We assist with all necessary paper work.
-All paper work can be translated on request.
-Any requirements to have building work done we can arrange building contractors.