ENFIA cut to vary for landlords

The Finance Ministry is finalizing measures to ease the burden on property owners too, saying the tax discount will not be the same for all landlords affected by the rent discounts, while offering some details about how the Golden Visa program may resume.

Addressing a teleconference on the property market organized by Prodexpo Real Estate on Tuesday, Deputy Minister Thodoros Skylakakis said the government is not considering increasing the 40 percent rent discount which currently applies to workers and companies hurt by the coronavirus measures.

He also explained that the Single Property Tax (ENFIA) "discount for property owners will not be horizontal - i.e. for everyone. On the contrary, it will concern those hurt and will be proportionate to the degree of each landlord's losses."

The ministry also approved the 40 percent reduction on the rent that university...