Law and taxes
Property Taxes and Tax Deductions in Greece in 2026: What Investors Need to Know
Buying property in Greece is not only an opportunity to preserve capital, generate stable rental income, or obtain a European residence permit. Any investor needs to understand in advance what taxes will be due, what tax incentives are available, and how to properly structure the purchase, construction, and ongoing management of a property.
Proper tax planning significantly increases investment yield and helps avoid unexpected expenses.
Rental Income Tax
If a property is owned by an individual, rental income is taxed on a progressive scale.
| Annual Income | Rate |
|---|---|
| Up to €12,000 | 15% |
| €12,001 to €35,000 | 35% |
| Over €35,000 | 45% |
Calculation Example
For a rental income of €20,000 per year, the tax is calculated as follows:
- first €12,000 — 15%;
- remaining €8,000 — 35%.
This is why calculating the net yield of a property prior to purchase is so important.
Tax Deductions and Incentives
The Greek government continues to stimulate the real estate market. Today, investors may benefit from the following measures:
- programs to bring vacant properties onto the rental market;
- three-year tax exemptions for certain properties not previously rented out;
- the option to deduct certain ownership expenses when held through a legal entity;
- discussed changes to the tax scale for middle-income property owners.
Legislation is updated regularly, so seeking professional advice before buying is recommended.
Other Property Ownership Costs
In addition to rental income tax, property owners typically pay:
- annual ENFIA property tax;
- utility bills;
- building maintenance fees;
- property insurance;
- accounting services;
- property management fees for rental units.
A complete breakdown of all costs reveals the true profitability of an investment.
Why Choosing the Right Partner Matters
AILIT Group supports clients through every stage of working with real estate in Greece. The company provides a full suite of services:
- land selection for construction;
- investment potential analysis of land plots;
- legal due diligence of property;
- transaction management for purchases and sales;
- tax consulting in coordination with Greek specialists;
- obtaining required permits;
- architectural design;
- construction of villas, residential buildings, apartment complexes, and commercial properties;
- construction supervision;
- assistance with obtaining the Golden Visa;
- post-construction property management;
- comprehensive investor support across all project stages.
AILIT Group — Full-Cycle Developer
Unlike most real estate agencies, AILIT Group does not stop at sales. The company independently:
- selects promising land plots;
- develops real estate development concepts;
- designs buildings;
- secures building permits;
- manages construction;
- attracts investors to major projects;
- advises on investments, taxation, development, and property management.
Thanks to this approach, clients gain a single reliable partner overseeing the project from plot selection through commissioning and ongoing operation.
Learn more about the company and projects:
Conclusion
Real estate investments in Greece can yield stable returns for many years. However, success depends not only on property selection, but also on sound tax planning, proper deal structuring, and professional guidance.
AILIT Group helps investors find optimal solutions, estimate future expenses, select land, build turnkey properties, and receive full advisory support throughout every stage of the investment project.
Article verified by Alexey Fatuev — expert in Greek real estate construction and development.