Property: Parental Benefits Gamed Various Transactions

Over 24,800 real estate A total value of 2.62 billion euros have changed hands, through the purchase and sale, in the eight -month period of this year, as evidenced by the contracts posted in the register of its real estate transfers register. AADEaccording to Ertnews report.

Despite the high number of properties transferred, there is a decrease in traders in January-July (for which there is definitive data) as opposed to parental benefits that moved increasingly. According to data from the Independent Public Revenue Authority (AADE), in the period in question- real estate transfer tax revenues stood at EUR 367.43 million, compared to EUR 385.23 million in the corresponding period of 2024, recording a decrease of 4.62%, amid high prices.

Individual in the first quarter of the year the bending was even more intense, as the receipts from sales and sales retreated by 17.5% compared to last year.

However, the image in the real estate market improved in the quarter of May – July 2025 with real estate buying and sales recovering and revenue increasing 12% compared to the same quarter of 2024.

Parental benefits

On the contrary, parental benefits and donations continue their upward trend. In the seven months of 2025, revenue from parental benefits, donations and inheritances amounted to EUR 152.02 million versus EUR 136.97 million, marking 11%increase, With the high tax free of 800,000 euros being a significant incentive for parents and grandparents to transfer property to their children and grandchildren.

From the beginning of the year until the end of July, more than 120,000 transfer tax returns relating to real estate transactions, approximately 60,000 statements for parental real estate benefits and 38,000 donations and more than 70,000 electronic tax returns.

In terms of real estate sales, the Municipality of Athens is in the first place according to the registry data as 1,986 real estate sales were made with total value as reflected in contracts exceeding 225 million euros. The most expensive transfers are found in Glyfada, Vouliagmeni, Voula, Kifissia, Paleo Psychiko and Filothei.

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