Greek Government Considers Extending Rental Tax Break to 2027

The Greek cabinet is reviewing a proposal to prolong the current three‑year income‑tax exemption for owners who rent out closed or short‑term properties on a long‑term basis. The measure, which expires at the end of the year, could be extended to 2027 and may be accompanied by a reduction of the required idle period for a property from three years to two. Drafts also suggest widening eligibility to additional housing categories and introducing a graduated tax relief once the initial three‑year exemption ends.

Parallel reforms announced by Minister Kostas Chatzidakis include ending public claims on old lease concessions, allowing inheritance tax to be paid from the sale price of a property, and creating a one‑stop shop for notarised transfers. Together, these steps aim to boost the supply of long‑term rental housing and ease the country’s housing‑cost pressure.