Lower ENFIA property tax positively received by real estate market

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Lower ENFIA property tax positively received by real estate marketRoughly 5 million taxpayers, will pay a lower property tax than they paid last year

Greece's finance ministry released the previous week the main guidelines of the new Uniform Real Estate Ownership Tax (ENFIA), according to which eight out of ten property owners, corresponding to nearly 5 million taxpayers, will pay a lower property tax than they paid last year.
Market representatives who spoke to the Athens-Macedonian News Agency (ANA) noted that the decision to reduce ENFIA is a positive one, which on the one hand contributes to the support of households and businesses and on the other hand is a tool for economic development.
According to the new ENFIA, 14 pct of property owners, about 875,000 taxpayers, will pay the same tax they paid last year.
Of the remaining 6 pct, ie 375,000 property owners, half, ie 187,500 taxpayers, will have a surcharge of up to 50 euros and the rest depending on the zone where their properties are located.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Tilemahos Efthimiadis

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