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FAQ

FAQs

No, all purchases of residential properties in The Ellinikon are exempted from VAT until the 31/12/2025. 

The associated transaction costs of the property purchase are in the range of 4%-5% and include: (a) the property transfer tax plus a municipal tax (3.09%), (b) the notary fees (typically between 0.5%-1%), and (c) the registration costs at the Cadastral Office (typically between 0.5%-1%). All these costs are calculated on the higher amount between the sale price and the objective value of the property, and are born by the Purchaser. Apart from the property transfer tax that must be paid a few days prior to signing the SPA, all other fees are typically paid after signing of the SPA. It should be noted that buying-side legal and agency fees may apply and are freely negotiable between the purchaser and his advisors. 

In every building/project there is typically a property manager appointed according to the HOA who has the operational and financial management of that building/project. This ensures that everything runs smoothly in the building/project, the rules and regulations are being properly followed, as well as the cleaning, maintenance and payment of all bills is taking place on time and to the desired standards. 

Yes, similarly to the majority of residential developments in Athens and Greece, service charges will be applicable and will need to be covered by the residents of a building/complex to cover all expenses related to the operation, management and maintenance of the common areas of that building/complex. Typically, service charges include utility bills (electricity, water, sewage etc.), possible services offered (e.g. landscaping, pool cleaning etc.), maintenance, management fee of the property manager and other. Service charges are typically paid monthly in arrears. A service charge guarantee and a general reserve amount might be also applicable to cover possible payment delays and unforeseen expenses that require urgent attention respectively.

It should be noted that a residential owner does not pay for any service charges related to areas outside the boundaries of the specific residential project where his property is located. Also, all costs related to the operation and maintenance of private areas of a residential unit, such as private pools, gardens, the apartment itself etc., are paid by the owner/resident of that unit. Finally, any possible a-la-carte services are paid separately and not through the communal service charges, as described above. 

The Experience Park is easily accessible by public transport and by car or bike.

There are also car parking facilities available for the visitors.

Smoking is forbidden in all the Park’s closed spaces and facilities without exception and is also forbidden in the Forest Playground and the Fitness Area. At the areas that smoking is allowed, the use of ashtrays is obligatory. The same provisions apply to e-cigarettes, e-vapour devices and electronic tobacco heating devices. 

Taking photos, recordings or videos is allowed in all Park Spaces, as long as it is done for personal use only, and in a respectful way towards the visitors, building architecture and surroundings. It is not allowed in the Forest Playground, restrooms, baby care, and first aid areas. Where photos, recordings or videos are taken, they must comply with the data protection regulations. 

F&B points are located around the park and offer a wide variety of tasty meals and refreshments. 

Visitors can have free access to the park’s Wi-Fi network. 

There is a designated area for breastfeeding, as well as a baby changing room. Both are located at the WC area.