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ENFIA

Council of State Rules ENFIA Property Taxes Illegal in Four Cases

Following appeals from taxpayers to look into the way in which ENFIA property tax is calculated in Greece, the country's highest court, the Council of State has ruled in favor of the plaintiffs. According to the Council of State, ENFIA...

Athens Chamber of Commerce: High Taxes Deter Investors, Send Businesses Abroad

High taxes in Greece deter foreign investors while the difficulty in getting bank loans forces Greek companies to relocate to neighboring countries, said President of the Athens Chamber of Commerce and Industry (ACCI) Constantinos Michalos. Speaking at a meeting of...

Greek Owners Will Pay an Extra €1,000 If They Want to Rent or Sell a House

Real estate property owners in Greece will have to pay an additional 1,000 euros in fees and levies and go through more red tape if they plan to sell or rent a property. A bill that is in the draft...

New Democracy Chief Promises Greeks 30% Slash on Property Tax

New Democracy chief Kyriakos Mitsotakis on Thursday pledged that he will slash the single property tax (ENFIA) by 30 percent within two years if his party comes to power. Mitsotakis gave an interview on SKAI television, one of the two...

State Takings Fall Short of Targets: Is Property Tax to Blame?

Finance Ministry sources attribute the new gap in public revenue to the transfer of the first installment payable for the single property ENFIA tax for September rather than July. They are concerned that the 30-billion-euro target will not be...

Greece Comes 8th Among 42 Countries in Taxing Income from Rents

Greece ranks in 8th place among 42 European nations in taxing income coming from rented properties, says a Global Property Guide report. The new tax rates on income from rented properties have made real estate investment in Greece less attractive,...

Greek Home Market Among Cheapest in EU: Value for Your 200,000 Euros

Statista, the online statistics portal for market data, reports that a home buyer in Greece can buy the fifth largest home for 200,000 euros in the eurozone. Specifically, the amount can buy a newly-constructed 120 sq. meter flat that...

ENFIA Notifications Open Up for Property Owners on Monday

Single Property Tax (ENFIA) notifications for real estate owners in Greece are available online as of Monday. Real estate owners can visit www.gsis.gr for more information. The tax can be paid in five monthly installments, with a first payment...

13 Taxes That Need to Be Paid by January 2017

Tax Office Statements will meet most Greeks as they return from their summer vacations. On Monday, the first single property ENFIA taxes will be posted online so that the government can yield up to 3.2 billion euros from which...

Government Aims to Raise 2.65 bln Euros from this Year's Property Tax

The unified property tax (ENFIA), which will be paid by 7 million citizens, will start being posted on the online TAXIS platform on August 29, it was announced on Wednesday. The government hopes to raise 2.65 billion euros in revenues,...