Stratos Paradias

Certificate of non-payment of communal charges by the administrator or the management office will now be required by those wishing to proceed with property transfers, under the government’s plan. The measure is aimed at addressing chronic problems with common property debts.

In recent years, tax revenues from short-term rentals in Greece have surged dramatically. Tax earnings from Airbnb-style rentals have increased more than tenfold since 2017, according to Giorgos Pitilís, head of the Independent Authority for Public Revenue (AADE).

The state is set to become the legal owner of properties in 111 areas around the country (including 20 in Athens and Thessaloniki) whose real owners have not declared their assets to the land registry offices (Ktimatologio) that are about to complete 14 years of operation, according to the head of the property owners federation (POMIDA).