12 ms·
A 650 sqft apartment of 1963 vintage is taxed around 250 euros/year
by ferongr 10y ago
A 650 sqft apartment of 1963 vintage is taxed around 250 euros/year
- StavrosK 10y agoWhich is about a month's rent for it.
- deleted 10y ago[deleted]
- ferongr 10y agoI'm not complaining, I don't have any more property on my name and I think it's reasonable.
- StavrosK 10y agoI'm saying that 250 euros might sound low until one considers that it's about 8% of the entire income the property would make when rented.
- draugadrotten 10y ago8% doesn't sound like a high tax level to me. Check out northern Europes 50% income tax levels with 25% VAT and come back later.
- StavrosK 10y agoWe're talking about property tax. Income tax here is over 50% from the first euro and VAT was 26% last I checked.
- rjsw 10y agoStill less than the property tax on a similar sized apartment in the UK (not in London).