Her support roofingwhich is being tested by both the lack of sufficient number of houses and high rents, as well as the treatment of tax evasion in the real estate market, are the two main axes focused by government policy in the field of real estate lately. In this context, the government places particular emphasis on strengthening the construction industry and the real estate market, with the aim of increasing the residential reserve both through the erection of new houses and by upgrading the existing building potential.
As the Deputy Prime Minister, Kostis Hatzidakis, recently pointed out, this strategy is a key government priority and is implemented through five beams of interventions. These interventions include:
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Adaptation of the institution of social considerationto make it more attractive and effective.
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New tax initiativeswhich will depend on the overall course of the state budget and the national economy.
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Extension of 100% tax deduction capacity For energy and aesthetic upgrading costs by 2025.
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Return a rent to tenants as an immediate measurement of housing costs.
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Further announcements The prime minister is expected at the Thessaloniki International Exhibition.
The five government interventions
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Reduction of taxation in real estatewith significant relief in ENFIA, VAT suspension and goodwill tax, and tax exemptions for closed properties that are converted to long -term lease.
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Increasing roof supply Through programs such as “save” and “renovate – rent”, with the aim of upgrading the existing building stock.
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Utilization of public real estate by institutionalizing social consideration. It is foreseen to build or reconstruct houses, with at least 30% being available on affordable rent and redemption with the “Rent to Own” model.
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Institutional improvements By developing local and special urban planning and reform of the new building regulation (NOK), for the balance between modern urban planning rules and reinforcement of ownership.
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Transparency and effectiveness with the establishment of a central social residential management body and the creation of an electronic register of beneficiaries.
In addition, the development of a digital platform is planned to inform citizens about available programs and the creation of an observatory for monitoring prices and absorption.
Foreign Investment record in Real Estate
It is noteworthy that in 2024 a historic record of direct foreign investment in the real estate sector, reaching 2 billion euros. Mr Hatzidakis pointed out that investment in real estate in Greece remains lower by 12 points than the European average, rejecting the myth of one -dimensional investment activity.
The mortgage pressure, according to him, is mainly attributed to the insufficient bid of housesespecially in high demand areas, and not just the practices of the owners.
Intensive checks on tax evasion in the real estate market
AADE intensifies controls aimed at combating tax evasion:
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2,500 checks In cash sales with cash and undeclared transfers.
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Checks on Notaries for compliance with the obligations of ENFIA certificates.
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Cash Transaction Prohibition and Mandatory rent payment through bank accounts from 1/1/2026.
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Detection of falsely declared “gaps” propertyusing power consumption data (HEDNO) and the new Property and Property Management Registry (Mida).
Offenders will face retroactive tax burdens in order to restore public revenue loss.
The governmental strategy for buying roofs and real estate aspires to provide a way out to the problem of housing and to enhance the transparency and credibility of the market, creating stability for both citizens and investors.