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Greek fiscal, tax, and real estate reform updates

Overview

The Greek government is implementing fiscal and digital reforms through 2029, focusing on property taxation, rental income relief, and real estate digitalization. A central pillar is the phased abolition of the Unified Property Tax (ENFIA) for qualifying primary residences with a taxable value under €400,000.

In September 2026, the government expanded the ENFIA exemption program, raising the population threshold for eligible settlements from 1,500 to 2,000 residents. This expansion includes 131 new settlements, potentially benefiting over 592,000 owners. Additionally, New Democracy announced tax relief for farmers with annual incomes up to €20,000 starting in 2027.

To regulate demand, property transfer taxes for non-EU/non-EEA citizens are expected to rise from 3% to 15% in 2027. Concurrently, the government is addressing the housing shortage by extending rental tax incentives for individual landlords into 2027. This includes a new intermediate tax rate of 25% for annual rental earnings between €12,001 and €24,000, and a full income tax exemption for the first 36 months for owners converting short-term rentals into long-term leases for properties up to 120 square meters.

Digitalization efforts include the development of the €3.72 million Unified Real Estate Node (EKA) to centralize property data. However, a significant gap remains between market prices and official objective values, which have not been adjusted since 2021; a formal readjustment is expected in late 2027. Administratively, the AADE ruled in October 2026 that past court decisions regarding property valuations do not automatically bind future ENFIA calculations, as tax is calculated independently for each year.

Entities

Greece · Ministry of National Economy and Finance · Kyriakos Mitsotakis · Independent Authority for Public Revenue · ENFIA

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. [BUSINESS] 2 sources
    Greece rental market trends and tax incentives for 2026-2027

    Greece's rental market is dominated by small, older properties, while new tax exemptions for long-term leases extend to 2027.

  2. [BUSINESS] 2 sources
    Greece proposes extending rental tax exemption to 2027

    Greece proposes extending a three-year income tax exemption for landlords bringing vacant properties into the long-term rental market through 2027 to combat housing shortages.

  3. [BUSINESS] 15 sources
    AADE issues 50% ENFIA tax reduction for small settlements

    Greece's AADE has issued new 2026 ENFIA assessments, granting a 50% tax reduction for primary residences in small settlements, totaling over 806,000 euros in relief for 15,304 taxpayers.

  4. [BUSINESS] 2 sources
    Greece proposes new tax regulations for real estate and monastic property

    Greece is considering new tax laws that would allow certain business managers to sell property without tax withholdings for corporate debts and mandate the Church of Greece to handle E9 and ENFIA filings for EΚ

  5. [BUSINESS] 3 sources
    Greece to establish Real Estate Value Bank for property data

    Greece is establishing a Real Estate Value Bank to track market prices, with automated property value adjustments not expected until late 2027.

  6. [BUSINESS] 3 sources
    Greece property tax gap poses challenge for 2027

    Greece faces a major property tax challenge in 2027 as a massive gap grows between official property values and surging market prices, which have risen over 60% since 2020.

  7. [BUSINESS] 2 sources
    Greece tax authority rules past court decisions do not bind future ENFIA valuations

    The Greek Dispute Resolution Directorate ruled that past court decisions on property valuations do not automatically apply to future ENFIA tax calculations, rejecting a cooperative's attempt to reduce its 2026税

  8. [TECHNOLOGY] 12 sources
    Greece to launch €3.7 million Unified Real Estate Node

    Greece is launching the €3.72 million Unified Real Estate Node, a digital platform to centralize property, tax, and utility data to reduce bureaucracy and increase market transparency.

  9. [BUSINESS] 4 sources
    Greece to implement property and rental tax relief in 2027

    Greek property owners will see tax relief in 2027 via a new 25% intermediate tax bracket for rental income and expanded ENFIA exemptions for primary residences in 131 new settlements.

  10. [BUSINESS] 3 sources
    Greece real estate: Gap grows between market and official values

    Greece faces a growing gap between market real estate prices and official objective values, prompting a planned readjustment of property tax bases starting in late 2027.

  11. [POLITICS] 3 sources
    New Democracy announces tax relief for Greek farmers and small villages

    New Democracy has announced that starting in 2027, Greek villages with up to 2,000 residents will face zero ENFIA, and farmers earning up to 20,000 euros will be exempt from income tax.

  12. [POLITICS] 2 sources
    Greece announces tax exemptions for Arta villages and new fiscal support measures

    The Greek government announced ENFIA tax exemptions for 341 villages in Arta starting in 2027, alongside new tax relief for farmers and professionals and potential increases to heating allowances.

  13. [BUSINESS] 11 sources
    Greece to implement major real estate and income tax reforms in 2027

    Greece will implement major tax reforms in 2027, including a property transfer tax hike for non-EU citizens and the abolition of ENFIA for primary residences in small settlements.

  14. [BUSINESS] 12 sources
    Greece expands ENFIA property tax exemptions for 131 new settlements

    Greece is expanding its ENFIA property tax exemption, raising the population threshold to 2,000 residents to include 131 more settlements, including major tourist destinations, starting from 2027.

Sources

agrinionews.gr · agriniosite.gr · anatolh.com · archive.in.gr · athensmagazine.gr · bankarstvo.mk · biskotto.gr · businessdaily.gr · capital.gr · cnn.gr · cretaone.gr · cyclades24.gr · dete.gr · economix.gr · ekriti.gr · energymag.gr · epirusjournal.gr · ertnews.gr · ethnos.gr · fonimaleviziou.gr · fortunegreece.com · gargalianoionline.gr · greekcitytimes.com · greeknewsondemand.com · haniotika-nea.gr · iefimerida.gr · ieidiseis.gr · insider.gr · irafina.gr · kefaloniamagazine.gr · kriti360.gr · lawandorder.gr · lykavitos.gr · madata.gr · melodia88.gr · mononews.gr · naftemporiki.gr · newmoney.gr · newsbeast.gr · newsbomb.gr · odelalis.gr · omikron24.gr · onvolos.gr · orthodoxtimes.gr · ot.gr · paraskhnio.gr · pelop.gr · portnet.gr

This summary has been updated 24 times: see revision history