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> Economy

ENFIA: Who are the real estate owners of Greece?

Six out of every 10 Greeks own real estate, and the total objective property value of this for all of Greece is around a trillion euros

Newsroom September 19 10:46

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The single property tax (ENFIA) for Greek taxpayers found the total objective value of property for Greek people is estimated at a trillion euros. Data gathered by E9 tax statements pertaining to property showed that six out of every 10 Greeks own real estate such as a home, office or land with the total value estimated at 520.5 billion euros according to current objective values. Based on this data, the new ENFIA tax is expected to yield 0.3% of the total property values.

The profile of property owners in Greece:

  • * 5,569,336 people have some form of property ownership whether this be a home, office, warehouse etc.
  • * Half of property owners or 2,769,177 of taxpayers own some property whose value doesn’t exceed 50,000 euros.
  • * 1,356,081 property owners have dwellings valued from 50,000-100,000 euros built on land that is within the town planning grid.
  • * 881,698 taxpayers have real estate worth 100,000-200,000 euros.
  • * 447,587 taxpayers or 8% of real estate owners have buildings on land that is within or out of the town planning grid worth 100,000-200,000 euros.
  • * Urban property worth over 500,000 euros is owned by 114,793 people that represent just 2% of property owners.
  • * 27,198 property owners have real estate worth over 1 million euros.
  • * Only 492 property owners have declared property valued over 5 million euros.

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