7,2M individuals in Greece hold a total of €772B real estate onwership value
7,2M individuals in Greece hold a total of €772B real estate onwership value
  Economy  |  Residential  |  Greece

7,2M individuals in Greece hold a total of €772B real estate onwership value

According to the AADE, 991,860 property owners were exempted from paying ENFIA with a zero liquidation bill.
RE+D magazine
11.04.2024

Greek individuals' real estate onwership was once more recorded increased according to the data published by AADE based on the ENFIA real estate tax data of for 2024.

Specifically, the total objective value of the 7,159,164 natural legal entities amounts to 771.9 billion euros, increased by 2.5 billion euros compared to 2023. In fact, the largest percentage of this property, almost 53%, is in Attica. Specifically, the 2,549,919 taxpayers who live in the Capital region, have in their hands real estate with a total value exceeding 409 billion. euro.

Regarding the entire Tax, the processing of the data shows that of the 7,159,164 natural and legal persons who received an ENFIA settlement, 991,860 property owners were exempted from paying ENFIA with a zero settlement.

The tax that the remaining 6,167,304 natural and legal persons are required to pay amounted to a total of 2.286 billion euros. A discount to ENFIA of up to 10% was won by 215,171 taxpayers with insured houses for earthquake, fire and flood.