Since 1 January 2014, the new, uniform property tax “ENFIA” has applied, payable annually by all persons holding rights in property
Property tax: ENFIA
ENFIA is determined separately for each property on the basis of various factors, such as the region’s base value, the age of the building, the floor, the frontage/facade onto the street, and so on.
In 2008 and 2009, the tax on large property holdings — a property wealth tax under Greek legislation — was replaced by a uniform property tax (E.T.A.K.), which applied to all properties. In these years, an exemption applied only in respect of an owner’s most valuable property, up to a value of €300,000.
In 2010, the uniform property tax was abolished and the property wealth tax for high-value property holdings was reintroduced, applying for the first time again for the 2010 tax year and covering assets worth more than €400,000. In 2011, the minimum asset value was lowered to €200,000, applying only for the years 2011 and 2012.
Since 1 January 2014, the new uniform property tax “ENFIA” has applied.
Income tax
Under Articles 39 and 40 of Law 4172/2013 (the Income Tax Code), ongoing income from property ownership constitutes income arising from letting, from requisition, indirectly from own use or occupation, from the gratuitous grant of use to third parties, of one or more buildings, or from the letting of land. This income accrues to any person to whom full ownership, a possessory right, a usufruct, or a right of habitation has lawfully been transferred by a valid contract, a court decision, or adverse possession, as well as to persons to whom the exercise of a usufruct has been transferred by valid contract. In addition, the right acquired by a landowner in buildings erected on a third party’s land also counts as property income.
In practice, taxable income is most commonly derived from letting. This income is taxed either under the separate progressive scale applicable to property income for natural persons, or under the rules on the taxation of companies, in so far as it constitutes income of a business derived from letting and leasing.
From 1 January 2026, the following tax rates apply: 15% for income up to €12,000; 25% for income from €12,001 to €24,000; 35% for income from €24,001 to €36,000; and 45% for income from €36,001 upward — or, alternatively, the rules applicable to the taxation of companies apply, in so far as it is a matter of a company’s income from letting and leasing.
Rent for commercial premises in Greece is subject to a special charge (stamp duty) of 3.6% of the rent. All rental agreements concluded in writing must be registered with the tax office, with a copy of the lease enclosed, by the end of the month following conclusion of the lease.
Property charge – waste-collection charge – street-lighting charge
The property charge, together with the waste-collection and street-lighting charges, is billed in Greece together with electricity bills from DEI or other electricity suppliers, and represents revenue for the benefit of local municipal government. The amount is, in principle, based on the size of the property.
Notaries are prohibited from authenticating a purchase contract unless confirmation from the municipality that these charges have been paid is produced.
FAQ
Since 1 January 2014, the uniform property tax “ENFIA” has applied, payable annually by all persons holding rights in rem in property (ownership, usufruct, possessory rights). The tax is determined separately for each property on the basis of various factors, such as the region's base value, the age of the building, the floor, and the street frontage.
By way of context, a brief historical review: in 2008/2009, a uniform property tax (Ε.Τ.Α.Κ.) was introduced for large property holdings, with only an owner's most valuable property, up to €300,000, remaining tax-free. In 2010 this was abolished and a wealth tax for high-value property holdings was reintroduced instead (initially from €400,000, then from €200,000 from 2011), before both charges were merged into the ENFIA from 1 January 2014.
Current development for 2026: for natural persons with tax residence in Greece whose main residence is located in settlements of up to 1,500 inhabitants (not applicable in the Attica region, with the exception of the islands; a limit of 1,700 inhabitants applies for the regional unit of Evros), ENFIA is reduced by 50% for 2026; full abolition for these cases is envisaged from 2027.
Under Articles 39 and 40 of Law 4172/2013 (the Income Tax Code), income from property ownership includes, in particular, income from letting, from requisition, from (including merely indirect) own use, from the gratuitous grant of use to third parties, and from the letting of land. Any person to whom full ownership, a possessory right, a usufruct, or a right of habitation has lawfully been transferred by a valid contract, court decision, or adverse possession is liable to tax. The right of a landowner in buildings erected on land belonging to another also counts as property income.
In practice, taxable income is generally derived from letting. It is taxed either under the separate progressive scale for natural persons' property income or — in so far as it is a matter of a company's income from letting and leasing — under the rules on company taxation.
Updated for 2026: under Law 5246/2025, a new, four-tier progressive scale with an additional intermediate bracket applies to property income earned from the 2026 tax year onward:
- 15% for income up to €12,000
- 25% for the portion between €12,001 and €24,000 (new intermediate bracket)
- 35% for the portion between €24,001 and €36,000
- 45% for the portion exceeding €36,001
Rent for commercial premises in Greece is additionally subject to a special stamp duty of 3.6% of the rent. All rental agreements concluded in writing must be registered with the tax office (via the AADE's online platform), with a copy enclosed, by the end of the month following conclusion of the contract.
The property charge, together with the waste-collection and street-lighting charges, is billed in Greece together with the electricity bill from the supplier (e.g. DEI or an alternative provider) and represents revenue for local municipal government. The amount is, in principle, based on the size of the property. Notaries are prohibited from authenticating a purchase contract unless confirmation from the municipality that these charges have been paid in full is produced.
The primary ongoing tax is ENFIA (the uniform property tax). It is levied annually on the basis of property held as at 1 January. In addition, there is the municipal TAP charge, generally collected via the electricity bill, amounting to around 0.025% to 0.035% of the property's value.
ENFIA is calculated automatically via the digital myAADE portal. The base tax depends on factors such as location (zone tariff), floor area, year of construction, and floor. The tax can be paid in up to twelve monthly instalments. Since 2026, a 50% reduction has also applied to the main residence of natural persons in smaller settlements of up to 1,500 inhabitants (or up to 1,700 inhabitants in the regional unit of Evros), outside the Attica region (with the exception of the Attica island municipalities).
Yes, the following options exist, among others:
- Insurance discount: properties with a value of up to €500,000 receive a 20% discount on ENFIA if insured against fire, earthquake, and flood. For values above €500,000, the discount is 10%.
- Renovation deduction: anyone investing in the energy-efficiency or aesthetic renovation of their property can, under certain conditions, claim tax deductions, which can also be offset against any outstanding ENFIA debt.
- Reduction for small settlements: see the previous answer.
Gross rental income is taxed progressively for natural persons. Since 1 January 2026, the following rates apply: 15% for income up to €12,000; 25% for income from €12,001 to €24,000; 35% for income from €24,001 to €35,000; and 45% for income above €35,000.
The EFA is a separate, annual tax of 15% on the objective value of properties held by legal entities (in particular, opaque foreign companies). It is intended to prevent property ownership from being held anonymously through corporate structures. Numerous exemptions apply for companies that disclose their beneficial owners or carry out a genuine commercial activity in Greece.
Capital gains tax of 15% on the profit from a disposal is currently suspended for private individuals until 31 December 2026. Profits from a sale therefore remain, in principle, tax-free for private individuals up to that date, subject to a possible further extension.
As of June 2026. All information on these pages is provided without guarantee or liability.