FinMin blocks real estate transactions for debtors
The Finance Ministry is blocking real estate transactions for owners who have not paid their property taxes in the last five years.
- Published in Greece
The Finance Ministry is blocking real estate transactions for owners who have not paid their property taxes in the last five years.
The International Monetary Fund reported today, that Greece suffered the second largest worldwide decline in real estate prices last year.
The new list of property assets to be “developed”, in other words privatized in some way, or another, has been finalized and posted on the government gazette. The assets will be transferred to state asset privatization fund TAIPED.