Greece has become an increasingly attractive destination for foreign investors seeking to purchase property, thanks to a series of tax incentives introduced in 2025. These measures aim to stimulate the real estate market, encourage long-term rentals, and support sustainable development. This comprehensive guide outlines the most recent tax benefits for property buyers in Greece, including those interested in the Golden Visa program.​

1. Capital Gains Tax Suspension

Until December 31, 2026, Greece has suspended the 15% capital gains tax on property sales for individuals. To qualify, the seller must not sell more than two properties within two years, and the sale must not be part of a business activity. This measure aims to encourage property transactions and enhance market liquidity. 

2. VAT Exemption on New Buildings

The 24% Value Added Tax (VAT) on new building construction has been suspended until December 31, 2025. This exemption applies to properties with a building permit issued after January 1, 2006, and is designed to support the real estate market and attract investment.

3. Income Tax Exemption for Long-Term Rentals

Owners of properties up to 120 square meters that were previously vacant or used exclusively for short-term rentals can benefit from a three-year income tax exemption. To qualify, the property must be rented under a long-term contract (minimum three years) between September 8, 2024, and December 31, 2025. Additionally, the property must have been declared as vacant or used exclusively for short-term rentals in the tax years 2022, 2023, and 2024.

4. ENFIA (Unified Property Tax) Reduction

A 20% reduction in the ENFIA tax is available for residential properties with a taxable value of up to €500,000, provided the property is insured against natural disasters (fire, earthquake, flood) for at least three months in the previous year. This incentive encourages property owners to protect their investments and contributes to sustainable development.

5. Permanent ENFIA Exemption for Listed Buildings

Owners of listed buildings with a value of up to €400,000 are permanently exempt from the ENFIA tax. This measure supports the preservation of cultural heritage and is particularly beneficial for investors interested in restoring historic properties.