Greece’s Ministry of National Economy and Finance sets out planned rental tax incentives and keeps property assessed values unchanged until 2027

Greece’s Ministry of National Economy and Finance published speaking points from Deputy Minister George Kotsiras’ remarks at Prodexpo 2025, outlining planned tax measures aimed at bringing more properties into the long-term rental market as part of the government’s housing policy. He also reiterated that property “objective values” will remain stable until 2027. Key measures highlighted, which were announced by Prime Minister Kyriakos Mitsotakis at the Thessaloniki International Fair and have been incorporated into a tax reform bill, include an intermediate tax rate for rental income and a three-year extension of a tax exemption for long-term letting of previously closed properties or converting short-term rentals into long-term leases. The exemption would be broadened to cover homes larger than 120 square metres when leased to families with three or more children, maintained if a tenant leaves provided the property is re-let after a single vacancy, and adapted to allow lease contracts of at least six months for public servants such as uniformed personnel, teachers, doctors and nurses. The ministry also pointed to the recently adopted property taxation code to codify and simplify real estate tax rules, and to plans for a Property Ownership and Management Registry intended to consolidate property information to improve transparency and address tax evasion. The tax reform bill containing these measures is expected to be submitted to parliament soon.