3 ms·

I didn't pretend to describe all the rules in detail. In Denmark, property taxes are also calculated based on values that are not the current market value. Curr

by flexie 10y ago

I didn't pretend to describe all the rules in detail. In Denmark, property taxes are also calculated based on values that are not the current market value. Currently, 95% of Danes pay the state property tax based on a 2001/2002 value assessed by the tax authorities.

mfukar 10y ago
No, you just pretended that the state property tax is very close to 0%, without mentioning WHAT is taxed at "very little" 0%.
- flexie 10y ago
  I didn't pretend anything. Even if your property is taxed at €500k although it's worth €250k, you are still paying very little compared to Denmark. And actually, it is close to zero. Many of my friends, all middle class, pay €5-10k per year in property taxes for what is really modest 100-150m2 apartments or houses in or around Copenhagen. Are you anywhere close to that in Athens?
  - mfukar 10y ago
    Yes, easily more than €5k/year for a 120m2 house. (not me actually, my parents, but I doubt they lie to me about how much they spend) Like others have already mentioned in other threads, land & property valuations are defined by the state, and are way inflated and unrealistic. On top of that, there's all these ridiculous things that contribute to the property tax, like how many streets neighbor the building, etc.
cgio 10y ago
2001/2 value assessment I would expect to be lower than current market price in Denmark?
- flexie 10y ago
  It's really hard to say these days. Often it's lower, of course, sometimes it's higher.
- mvindahl 10y ago
  In the larger cities, prices have surged over the past 15 years, in more remote areas, they have fallen slightly. There are plans on the table ATM to bring taxation in better line with valuation. As one may predict, this is not popular with city folks who imagined the tax rebate to be a perpetual thing.

3 ms·

I didn't pretend to describe all the rules in detail. In Denmark, property taxes are also calculated based on values that are not the current market value. Curr

by flexie 10y ago

mfukar 10y ago
No, you just pretended that the state property tax is very close to 0%, without mentioning WHAT is taxed at "very little" 0%.
- flexie 10y ago
  I didn't pretend anything. Even if your property is taxed at €500k although it's worth €250k, you are still paying very little compared to Denmark. And actually, it is close to zero. Many of my friends, all middle class, pay €5-10k per year in property taxes for what is really modest 100-150m2 apartments or houses in or around Copenhagen. Are you anywhere close to that in Athens?
  - mfukar 10y ago
    Yes, easily more than €5k/year for a 120m2 house. (not me actually, my parents, but I doubt they lie to me about how much they spend) Like others have already mentioned in other threads, land & property valuations are defined by the state, and are way inflated and unrealistic. On top of that, there's all these ridiculous things that contribute to the property tax, like how many streets neighbor the building, etc.
cgio 10y ago
2001/2 value assessment I would expect to be lower than current market price in Denmark?
- flexie 10y ago
  It's really hard to say these days. Often it's lower, of course, sometimes it's higher.
- mvindahl 10y ago
  In the larger cities, prices have surged over the past 15 years, in more remote areas, they have fallen slightly. There are plans on the table ATM to bring taxation in better line with valuation. As one may predict, this is not popular with city folks who imagined the tax rebate to be a perpetual thing.