ENFIA discount through application by owners of insured properties

By mid-February, insured property owners must submit an application to the myProperty platform in order for the Independent Authority for Public Revenue to proceed with the reduction of the Single Property Tax (ENFIA) by 20%.

After completing the applications, insurance companies must confirm the information provided.

The new discount framework provides for a 20% discount on ENFIA for those who insure properties worth up to 500,000 euros, while for properties of greater value the discount is 10%.

Only those who have fully insured their properties for at least €1,000 per square meter are entitled to the discount.