Greece's Ministry of National Economy and Finance met with the Panhellenic Federation of Property Owners (POMIDA) and presented a new package of measures for property owners, combining tax changes and housing-market interventions aimed at increasing the supply of homes available for long-term leasing. The measures include the introduction of an intermediate 25% tax rate; extension until 2026 of the income tax reduction for building upgrade expenses; a three-year income tax exemption for vacant homes that are rented out on long-term leases, provided they are leased by the end of 2026; extension until the end of 2026 of the VAT suspension on new buildings; continuation in 2026 of the restriction on new short-term rentals in three municipal districts of Athens; and a phased abolition of the ENFIA real estate tax in settlements with up to 1,500 inhabitants, with a 50% reduction in 2026 and full exemption from 2027, covering around 1 million entitlements across 12,720 settlements. POMIDA submitted proposals focused on boosting long-term rental supply, which the ministry is reviewing, and the two sides agreed to repeat their meeting soon.
Ministry of National Economy and Finance (Greece) 2025-09-11
Greece's Ministry of National Economy and Finance unveils property owner measures including a 25% intermediate tax rate and phased ENFIA abolition
Greece's Ministry of National Economy and Finance introduced measures for property owners, including a 25% tax rate and extended incentives to boost long-term housing supply. Key measures involve tax exemptions for vacant homes leased long-term, VAT suspension on new buildings, and phased abolition of the ENFIA real estate tax in small settlements. The ministry is reviewing proposals from the Panhellenic Federation of Property Owners to enhance rental supply.