In 2025, 7 million property owners will receive their Property Tax in Greece (ENFIA) bills by the end of February, with the payment of the first of the 12 installments due by the end of March. However, thousands of taxpayers will benefit from a discount of up to 20% on the ENFIA tax they will be required to pay.
More specifically, for the majority of property owners, the ENFIA bill will remain unchanged compared to this year. However, Greece’s property owners who have insured their properties against natural disasters such as fires, floods and earthquakes will be entitled to a 20% discount.
According to announcements made by Prime Minister Kyriakos Mitsotakis at the Thessaloniki International Fair:
• The discount on ENFIA will increase from 10% to 20%. This larger discount will benefit taxpayers who have insured properties with a total value of up to 500,000 euros against natural disasters.
• The 10% discount on ENFIA (property tax in Greece) will remain for owners of insured properties valued over 500,000 euros. However, owners of high-value properties should be aware that if they do not insure their properties, they will not be eligible for state compensation in the event of natural disaster damage from April 2025 onwards.
To qualify for this property tax discounts owners of properties must ensure the following:
• The property must have comprehensive insurance coverage, including earthquakes, fires and floods.
• The insurance must cover the previous year and have a minimum duration of three months. If the insurance period is less than one year, the ENFIA discount will be adjusted proportionally. A property insured for less than 90 days within the same year does not qualify for a discount.
• The ENFIA discount is calculated on the total amount of the main and any supplementary tax that applies to the insured property.
