Tax in Greece
See what Greece's tax rules do to your property portfolio.
What Freeholt models for property, income and retirement in Greece, and what it does not.
Free to start. No card. Rules reviewed 23 August 2026.
Modelled here
- Tax on rental income
- Duty on purchase
- Annual property or land tax
- Inheritance and what happens on death
EUR · Rates as at 23 August 2026 · Rates editable in Settings · Estimates, not advice
Rental income is taxed progressively (15% to €12k, 35% to €35k, 45% above) for residents and non residents alike; a Golden Visa grants residence for a qualifying purchase.
How rental income is taxed in Greece
For a resident owner: Progressive rates from 15% to 45%, stacked on other income in this country. The top rate of 45% applies above €36,000. For an owner living abroad and renting this out: Progressive rates from 15% to 45%, stacked on other income in this country. The top rate of 45% applies above €36,000.
Interest and losses
Mortgage interest is deductible against the rent. A rental loss is ring fenced: it carries forward against future rental income rather than reducing other income now.
Capital gains on a sale
There is no capital gains tax on residential property.
Annual property tax while holding
About 0.4% a year on the property value.
What it costs to buy
About 3.09% of the price on purchase. Transfer tax ~3.09% on resale homes (new builds can attract 24% VAT), plus notary and legal fees.
Inheritance and what happens on death in Greece
Charged on each beneficiary's share, at a rate that depends on how they were related, at up to 40%. The charge falls on each person who inherits rather than on the estate as a whole, so who inherits, and how closely they were related, changes the bill. The 40% is a worst case rather than a rate anyone is promised. It is the top of the least generous class of beneficiary, usually somebody unrelated, and a child inheriting from a parent normally faces a good deal less. A surviving spouse is not exempt outright: they get an allowance of 400,000, and anything above it is charged. These rules were verified 23 April 2010. Freeholt models the country's rules rather than any particular will, so what an estate pays still depends on who inherits and what is in it.
How Freeholt models Greece
Every rate above is priced from Freeholt's own table for Greece and runs through the whole projection: rental income, a modelled sale and the annual holding costs all use the same figures. They are also defaults that can be edited in Settings, so a position that differs, or a rate that changes before we catch it, can be corrected and the projection reprices around it.
What running this property costs
In Greece this covers the ENFIA annual property tax, municipal fees, building common charges (koinochrista), insurance and management.
How borrowing works here
Terms up to ~20 to 30 years, but lending to non residents is limited so many foreign buyers pay cash.
What actually happened here
This country's own record, one year at a time. Nothing on this page is borrowed from another country. Move across a chart to read a year.
Recent rule changes in Greece
- 2026-01-01 The ENFIA MAIN tax is approximated here as 0.4% of market value, and that is generous in an ordinary zone: Greece charges euros per SQUARE METRE, chosen by the zone price and adjusted for age, floor and frontage, so a 100 sqm flat in a EUR 2,000/sqm zone owes about EUR 396, nearer 0.2% of its value. The statutory tables are transcribed in tax enfia.ts (computeGreekEnfiaMainTax) and tested, but nothing calls them yet: pricing a real property needs its zone price and floor area, and the app collects neither. Wiring those inputs is the next step, and until then the approximation stands and says so.
- 2026-01-01 MODELLED via computePortfolioAnnualTax. Article 11 Section E of the Property Tax Code (Law 5219/2025) adds a SURCHARGE on a natural person's ENFIA once the total value of their Greek property exceeds 500,000 euro: the main tax is increased by 5% up to a portfolio of 650,000, by 10% up to 800,000, by 15% up to 1,000,000 and by 20% above that. It is an uplift ON THE MAIN TAX, not a rate on value, and it is measured on the WHOLE Greek portfolio rather than per property, so it is priced across the portfolio rather than from a single holding. It is also what the 500,000 euro figure in the secondary sources actually refers to: they call it a supplementary tax, which is a different charge that individuals do not pay.
- 2026-01-01 Article 11 Section F doubles the main tax on a dwelling held by a credit institution, a credit purchaser or a servicer, for the 2026 to 2028 tax years, waived where the property was let for at least six months in the previous year. Outside the individual landlord this app models.
- 2022-01-01 The SUPPLEMENTARY tax (Article 12 of the Property Tax Code) is charged on legal persons and legal entities only, at 5.5 per thousand, 1 per thousand on property an entity uses in its own business, and 3.5 per thousand for certain non profits. Law 4916/2022 removed it from natural persons and the 2025 Code did not bring it back.
What Freeholt models here
- ModelledTax on rental income
- Resident and non resident rates, with interest and losses treated under the local rule.
- None hereCapital gains on a sale
- No general capital gains tax; the page says what applies instead.
- ModelledDuty on purchase
- One off, on the way in, at the scale in force.
- ModelledAnnual property or land tax
- Charged every year the property is held.
- Not yetIncome tax beyond the rent
- Not modelled for this country yet.
- Not yetDividends, interest and share sales
- Not modelled for this country yet.
- Not yetRetirement savings
- Not modelled for this country yet.
- ModelledInheritance and what happens on death
- Who pays, and on what, when property passes on.
What Freeholt does not model here
- Treaty relief between this country and the owner's country of residence
Coverage deepens country by country. Every figure is an estimate, not advice.
Compare with another country
Each page is built from the same table the app runs on, so the figures line up side by side.
Compare Greece with another country — rent, gains, annual tax and duty, side by side.
Questions people ask
- Does Freeholt model Greece property tax?
- Yes. Rental income tax, duty on purchase and annual property or land tax are priced from Freeholt's own rate table for Greece. Greece levies no capital gains tax, so there is nothing to price. Any rate or threshold can be corrected in Settings so the whole projection reprices. Every figure is an estimate, not advice.
- How is rental income from Greece taxed if I live somewhere else?
- Progressive rates from 15% to 45%, stacked on other income in this country. The top rate of 45% applies above €36,000. Tax may also be due in the country of residence, with credit for what was paid here. Estimates only, not advice.
- What are the Greece figures as at?
- The rate table for Greece was last reviewed on 23 August 2026. Freeholt date stamps every country rather than implying all of them were checked on the same day. Estimates only, not advice.
Model a property in Greece alongside everything else you own: see the year your portfolio starts paying you back.