A.Symmetron is engaged in the construction, maintenance and the renovation of high-quality projects, from the building permit up to the completion and the handover of the building. We are proud to have completed a wide range of successful projects, covering a variety of technical areas of construction, renovation or restoration such as:
- Modern residences of exceptional architecture with excellent functional layout and the best quality of materials;
- Office Buildings, Bank Branches, Retail Stores, Industrial Buildings, School Buildings, Preserved Buildings and
- Energy projects.
The company constructs, supervises and manages projects of quality architectural designs, modern requirements and high standards, always working with the best suppliers and professional partners.
Property Management After Sales
Greek real estate law offers several options that allow property owners to enter long or short-term rental contracts. On the financial side, Athens is a booming market for Airbnb deals, while renting out property in a popular destination may yield sizeable weekly profits. Meanwhile, professional spaces in Athens, currently purchased in low market value, promise lucrative yearly returns on the initial investment.
A.Symmetron handles the management of the property after the purchase on behalf of the investor. We aim in generating sustainable income from the asset and enhance its value by selecting and using a management schemes, tailor made to the client’s specific needs, such as short-term tourist rentals or managing long-term leases.
Tax planning – Legal Consulting & Represantation
A.Symmetron provides a broad range of real-estate database, legal coverage, tax planning assistance to prospective Real Estate owners across the world. Operating exclusively with local Real Estate Agencies as well as Legal and Tax Experts, we cover all steps of the property acquiring procedure; from the registering with the tax office and the opening of a bank account up to full legal representation for the sale and purchase contract and the registration of the deed at the local Land Registry, with constant support on legal and tax consulting.
Know before you buy: Tax
There are two separate tax schemes under which the acquisition and maintenance of property falls; Pre-contact property taxes which are payable by the buyer prior to signing the sale and purchase contract; and Property Tax, mainly determined by the property’s size, location and year of construction.
| TAX | For building permits issued until 31/12/2005 | For building permits issued after 1/1/2006 |
| VAT | – | 24% when the property is bought from a developer (person or entity) |
| Property transfer tax | 3% | – |