Greek Parliament Approves Lowering Of Tax Burden On Homeowners

Date: 29.07.2019 / By Tasos Kokkinidis / / Comments (0)

The Greek Parliament on Tuesday overwhelmingly approved the bill introduced by the new conservative government which eases the tax burden on four million Greek homeowners.

The bill, which includes an income-based reduction of the ENFIA property tax and a plan for individuals and business owners who owe tax debt that allows for repayment in up to 120 installments was supported by both leftist SYRIZA and center-left KINAL parties.

“The tax bill that we submitted could be described as a defining feature of the new government’s identity, as it fulfills our pre-election pledges and it has a social dimension,” PM Kyriakos Mitsotakis said.

“It revitalizes the productive middle class; it revitalizes the real estate market, changing the mix of economic policies towards new investments, growth, more jobs, and the growth of the national product so that it translates to a higher income for every Greek.

“Within the next six weeks, about 4 million Greek citizens will see tax relief on their real estate,” he added.

The cuts to ENFIA, based on the total value of real estate assets, will be as follows: 30 percent for property valued up to €60,000; 27 percent for property up to €70,000; 25 percent for property up to €80,000; 20 percent for property up to €1,000,000 and 10 percent for property valued at more than €1,000,000.

Reviews & Comments ( has relaunched as the top Greek real estate and property website portal dedicated to Greece and Cyprus’ industry.’s members include top real estate agents, realtors, individual sellers, FSBO, sale by owners, architects, developers, construction companies, lawyers, notaries and others that advertise residential (house, home, land, apartments, flats, villas, land, parcels and commercial listings for those looking to buy, sell and rent across all of the Hellenic Republic. is like the MLS database portal that is advertised in the top Greek diaspora and international markets around the world to those looking to invest - including Australia, the United States, Canada, United Kingdom, Germany, France, Spain, France, Europe, South Africa, Russia and everywhere else. Most foreigners start their home search in popular destinations like Mykonos, Chania, Crete, Athens, Thessaloniki, Cyclades, Santorini, Rhodes, Corfu, Ios, Lefkada and many more cities, prefectures and regions in Greece. has been featured in most Greek news media outlets and in some of the leading international publications in newspapers, magazines, websites, online news portals, television and radio. Notable publications featuring and its founder, Georgios Stroumboulis include the Wall Street Journal, G1 Brasil, India Today, Barron’s, El Mundo, Naftemporiki, Kerdos, Isotimia, Vradyni, Elefterotypia, Elefteros Typos, Imerisia, Ta Nea, Ethnos, Neos Kosmos,,,,,, People Greece,, Radio Neo Show, Antenna ANT1 Satellite TV, MEGA TV, Makedonia TV, Channel 9 (Το Α και το Ω των ακινήτων). is the only real estate website to have produced its own reality TV show called Hellenic Home Hunting ( Created, produced and edited by George Stroumboulis’ media company, BouliBrand (, this TV show caused an international media storm for controversy during the unstable economy period in Greece. Visit for the latest property listings and start your search, register for an account to sell or simply browse our news. Stay connected with us on Facebook (, Twitter (, LinkedIn (, YouTube (, and Instagram ( Use the hashtag #GPE360 and #HellenicHomeHunting.

featured on the front page of

The Only TV Show Promoting
Greek Real Estate to the World!