Realty auctions pick up pace

The tax authorities are launching a wave of physics existent property auctions, arsenic portion of its effort to cod overdue debts, while awaiting information connected assets of large Greek debtors abroad.

By November, dozens of seized properties will beryllium enactment up for sale, from apartments and blocks of flats to shops, lodging complexes, plots of land, warehouses, parking tons and cultivation plots, with archetypal bid prices starting from conscionable 975 euros and reaching up to €3.2 million.

The database that the Independent Authority for Public Revenue (AADE) has compiled is affluent and diverse, including 35 properties crossed Greece: apartments successful Athens and Thessaloniki with starting prices from €80,000 to €250,000, warehouses and auxiliary spaces with starting prices from €975 to €7,210, arsenic well arsenic commercialized properties, shops and concern spaces with prices from €40,000.

Also of large involvement are plots of onshore with a frontage connected cardinal avenues and the anticipation of reconstruction, the terms of which reaches up to €3.2 million.

Finally, the database besides includes plots of onshore successful Trikala, Hania, Thessaloniki and Viotia, with areas reaching up to 29,000 square meters and prices from €7,100 to €1,488,500.

The programme is expected to grow successful the coming play with caller auctions, which will widen until the archetypal 4th of 2026, arsenic AADE expects information connected assets of Greek ample debtors abroad. Cooperation has already begun with specialized agencies overseas which absorption connected identifying debtors’ assets, and the archetypal results are expected within the year.

At the aforesaid time, confiscations will not beryllium constricted to existent estate: The audit services person been instructed to hunt for movable assets, such arsenic luxury cars, recreational boats and immoderate different plus of precocious value.

According to the latest information from the tax office, total overdue debts to the state transcend €110 cardinal euros, while the fig of ample debtors with debts of much than €1 cardinal is perpetually increasing.