Economy · Greece

New Program to Increase Rental Properties in Greece

1 sourceFirst reported 1 month agoUpdated 1 month ago

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A new initiative titled 'Κατασκευάζω-Νοικιάζω' aims to boost rental housing.
It provides tax incentives for construction companies to develop new residences.
Properties constructed or converted under this program must be rented long-term for at least 10 years.
Incomes from these rentals will be exempt from income tax if they adhere to program guidelines.
The program is part of the government's strategy to address the housing crisis.

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AI summary: catch up in 20 seconds

A new initiative titled 'Κατασκευάζω-Νοικιάζω' aims to boost rental housing.
It provides tax incentives for construction companies to develop new residences.
Properties constructed or converted under this program must be rented long-term for at least 10 years.
Incomes from these rentals will be exempt from income tax if they adhere to program guidelines.
The program is part of the government's strategy to address the housing crisis.

Generated by AI from the 1 sources below · always verify with the originals