According to Greek laws taxes on the real estate market are imposed during the last phase of the process of transfer of the real estate.

The rate of taxation is established by Greek legislators in case the contracting parties have declared lower prices than the actual prices of the real estate, so that the appropriate taxes should be charged.

Specific features of the real estate, such as the size, the floor, the length of the faced and whatever facilities define the price zone, it belongs to and the objective  calculation of its value.