Lower ENFIA property tax positively received by real estate market
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- 07 Feb 2022
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Greece's finance ministry released the previous week the main guidelines of the new Uniform Real Estate Ownership Tax (ENFIA), according to which eight out of ten property owners, corresponding to nearly 5 million taxpayers, will pay a lower property tax than they paid last year.
Market representatives who spoke to the Athens-Macedonian News Agency (ANA) noted that the decision to reduce ENFIA is a positive one, which on the one hand contributes to the support of households and businesses and on the other hand is a tool for economic development.
According to the new ENFIA, 14 pct of property owners, about 875,000 taxpayers, will pay the same tax they paid last year.
Of the remaining 6 pct, ie 375,000 property owners, half, ie 187,500 taxpayers, will have a surcharge of up to 50 euros and the rest depending on the zone where their properties are located. Read More…
