Starting in 2027, the calculation of the ENFIA property tax in Greece will be based on the actual square footage of properties as recorded in the Electronic Building Identity. This significant change aims to standardize the assessment process and eliminate discrepancies that have led to confusion among property owners. Authorities have confirmed that there will be no retroactive applications of the new calculations, meaning that property owners will not face past penalties related to square footage discrepancies.
In conjunction with these changes, a new Property and Management Registry will impose stricter penalties for inaccurate reporting of property details. Fines could reach up to €1,000 for property owners who provide erroneous information regarding the size or status of their properties. This initiative is part of broader efforts to improve accuracy and compliance within the real estate sector, ultimately enhancing the tax collection system in Greece.
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