Property Taxes in Greece

These values are read from the current Greece Country Passport. Any fact marked under review remains visibly pending and is never presented as a confirmed tax rule.

For a standard taxable property transfer, the current Real Estate Transfer Tax is 3% transfer tax plus a 3% municipal levy on the main tax (approximately 3.09% effective).Verified. A municipal or community levy equal to 3% of the main transfer tax is added, giving an ordinary effective amount of approximately 3.09% of taxable value.

The buyer pays the transfer tax before the transfer contract is executed. For a taxable value of €300,000, the basic 3% tax would be €9,000 and the municipal levy €270, giving €9,270 before other costs.

OwnASea does not substitute the announced 15% treatment for the current Passport rate. The September 2026 announcement remains a Regulatory Watch until final enacted scope, commencement and transitional provisions qualify as current law.

Potentially. The standard Greek VAT rate is 24% standard VAT; qualifying developer transactions may fall under the current suspension through 31 December 2026.Verified and the framework includes qualifying supplies of new immovable property. A special suspension continues through 31 December 2026; where it applies, real-estate transfer tax is imposed instead of VAT.

Buyers should not simply calculate 24% VAT + 3.09% transfer tax for every new-build purchase. The treatment of the specific property and seller/developer regime must be established first.

First-home transfer-tax exemptions are conditional and depend on the buyer's status, existing property rights and statutory housing requirements. They are not deducted automatically for every foreign purchaser.

OwnASea does not add a separate universal stamp-duty percentage to an ordinary Greek property acquisition. The current Passport treatment of the Digital Transaction Fee question is deliberately conservative and must not be replaced with an invented acquisition-cost percentage.

Greece has a national annual property tax: ENFIA — Unified Tax on the Ownership of Real Estate. Unlike Cyprus, the normal national annual property-tax amount is not zero.

ENFIA is calculated every year based on the real-estate rights held on 1 January and information recorded through the E9 property declaration. It is not a fixed percentage of property value: location, zone values, type, size, age, rights held and sometimes the taxpayer's overall property position can matter.

Owning Greek property while living abroad does not remove the E9/ENFIA obligation. A 2026 50% small-settlement reduction and insured-home reductions are conditional incentives, not the normal ENFIA rate.

From tax year 2026, individual income from immovable property uses a progressive scale. The Passport current resident-rental fact is shown below; the bands are 15% up to €12,000, 25% on €12,000.01–€24,000, 35% on €24,000.01–€36,000 and 45% above €36,000.

This is progressive taxation, not 45% multiplied by the entire rent. The Ministry identifies a standard 5% repair and maintenance deduction under applicable conditions; it is not a deduction for every euro spent.

A non-resident remains taxable in Greece on taxable Greek-source income, subject to the Income Tax Code and any applicable Double Taxation Agreement. Greek rental tax does not automatically eliminate obligations in the owner's country of residence.

A temporary incentive can exempt qualifying rental income for 36 months where an eligible property was previously vacant or used for short-term rental and moved into qualifying long-term rental under statutory conditions. The current tax guide describes eligible properties up to 120 m². This should not be represented as “long-term rent in Greece is tax-free for three years” without the conditions.

From 1 January 2024, qualifying furnished STR income earned by an individual from up to two properties, with no services other than bed linen, is treated as immovable-property income. An individual with three or more STR properties and legal persons or entities are treated under the business-activity framework.

Qualifying business-type STR activity can be subject to 13% VAT. This does not mean every private Airbnb owner with one apartment adds 13% VAT to the rent.

Tax compliance is separate from the rate: registration in the Short-Term Stay Property Registry, an AMA number and short-term-stay declarations can be required. Local restrictions and the separate Golden Visa restriction on qualifying permit properties also remain distinct.

See the Greece Passport renting section → for operational rules.

Short-term rentals are within Greece's Climate Crisis Resilience Fee framework. The fee is imposed per taxable daily use and is separate from income tax; relevant liable persons file monthly declarations.

Free stays are not subject to the fee. It is not one universal “tourist tax: €X/night” figure: category, size and season matter.

Greek law contains a capital-gains framework for real-estate disposals, but application of individual real-estate CGT on transfers of immovable property is currently suspended through 31 December 2026.

Do not replace this with “CGT: 15%” or “CGT: permanently 0%”. The underlying regime exists; its application is suspended for the current period. See the Greece Passport selling section →.

Greece has inheritance tax. It applies to Greek-located assets, including property, and depends on the net inherited share, relationship, category and applicable exemptions. It also applies to Greek assets inherited by non-residents.

There is no valid Greece Passport shortcut of “inheritance tax: 0%”. Qualifying close-family cases can have important exemptions, including the current €400,000 per-beneficiary exemption in stated spouse/civil-partner and minor-child cases.

The full succession treatment belongs in the Greece Passport inheritance section →.

Property gifts are not universally tax-free. Treatment depends on relationship, asset, value and applicable exemption/rate rules.

For qualifying Category A transfers, current AADE guidance provides a tax-free amount of €800,000, with a 10% rate above that amount under the relevant rules. Category A includes spouse/civil partner, children, grandchildren and parents. Other categories use different treatment.

OwnASea therefore never reduces Greek gifting to “Gift tax = 0%”.

Owning Greek property does not require becoming a Greek tax resident. But non-residence does not make Greek-source property income or Greek property disappear from the Greek tax system.

A foreign resident may still have obligations involving AFM, E9, ENFIA, Greek rental-income tax, STR reporting, transfer taxes and inheritance/gift taxation. Double Taxation Agreements can affect treatment in the owner's country of residence.

• Buying: current ordinary transfer tax is 3% transfer tax plus a 3% municipal levy on the main tax (approximately 3.09% effective).Verified.
• VAT: 24% where applicable, with qualifying suspension through 31 December 2026.
• Owning: ENFIA is annual and applies to foreign residents owning Greek property.
• Renting: individual property income uses progressive 2026 bands.
• STR: tax treatment changes at three properties and for legal entities; registration/reporting remains separate.
• STR fee: the Climate Crisis Resilience Fee varies by category and season.
• Selling: individual real-estate CGT application is suspended through 31 December 2026.
• Inheritance and gifts: relationship- and value-dependent, not universal zero-rate shortcuts.

Use the Greece Country Passport for current structured values, conditions and source status.

General information: Tax treatment can depend on tax value, seller/developer regime, owner status, use, rental activity, family relationship and applicable tax treaty. Verify significant decisions with the appropriate official authority or professional adviser.