The tax bill was submitted to Parliament and includes the provisions for the TAKK and the suspension of the issuance of new AMAs in the centre of Athens. No change is foreseen in relation to everything that has been announced so far.
For real estate, however, two additional provisions stand out:
Extension of the VAT suspension for new buildings until 31.12.2025.
Permanent exemption from ENFIA for listed buildings with a value of up to €400,000.
Detailed tax bill provisions on tourism
A climate resilience fee will be levied on tourist accommodation per day per room or apartment, from April to October as follows:
For hotels:
1-2 stars, €2
3 stars, €5
4 stars, €10
5 stars, €15
For rented furnished rooms – apartments, €2
For properties available through short-term rental, €8 if the properties available through short-term rental are detached houses over 80 sq m, a resilience fee of €15 is imposed,
For self-catering accommodation – furnished tourist villas, €15
For self-catering accommodation – furnished tourist houses, €8 if the surface is less than 80 sq m. and €15 if it is over 80 sq m.
For the period November – March, the durability fee is as follows:
For hotels:
1-2 stars, €0.5
3 stars, €1.5
4 stars, €3
5 stars, €4
In furnished rooms for rent – apartments, €0.5
In properties available through short-term rental, €2. If the properties available through short-term rental are detached houses over 80 sq m, a durability fee of €4 is imposed,
In self-catering accommodation – furnished tourist villas, €4
In self-catering accommodation – furnished tourist houses, €2, if the surface is less than 80 sq m. and €4 if it is over 80 sq.m.
The revenue from the levy is used to cover the costs of prevention and rehabilitation of natural disasters, climate change adaptation projects and infrastructure improvements to support the country’s tourism product.
Suspension of new AMAs in Athens
Suspension of new housing in the 1st, 2nd and 3rd Municipal Communities of Athens for short term rentals for one year. From 1st January 2025 to 31st December 2025, no registration in the Short-Term Residential Property Registry is allowed for properties located in the 1st, 2nd and 3rd Municipal Community of the Municipality of Athens. In case of non-compliance, a fine equal to 50% of the income earned from short-term rentals from 1st January 2025 until the audit, not lower than €20,000, is foreseen. In case of a new infringement within the same tax year, a fine equal to the amount of the rent received, which is not less than €40,000, will be imposed.
