rent property athen

Planning a holiday in Athens? Why not choose the house rental option?

Athens is one of the essential places to see and visit in Greece. Yet many tourists only make a quick stop there before heading on by boat to the islands of the Aegean. This great European capital is, however, simply overflowing with archaeological and cultural treasures, and represents the quintessential essence of the very soul of Greece. As with Rome, it’s true to say: “When in Athens, do as the Athenians do.”

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pinel law

Focus on the Pinel law

The Pinel law is a tax reduction plan in case of purchase of new property for a rental commitment, which has for main characteristics a zero interest loan (abbreviated as “PTZ”) and a tax exemption plan. The tax reduction can be up to 63,000 euros (with, for example, an investment of 300,000 euros, for a rental commitment of 12 years). Specifically, the plan allows some owners to pay only 35 to 40% of the value of the property. Read More