ENFIA to remain stable in 2015 – no changes expected

ENFIA was calculated on the objective values in place on January 1, 2015, hence no adjustments need to be made for the Council of State decision to be implemented

Sources from the Ministry of Finance state that there is no issue of changing the 2015 joint real estate ownership tax (ENFIA).  The Council of State officially publihed a ruling that obliges the government to issue a ministerial decree to revise the tax valuations of real estate throughout Greece according to which taxes and other payments are calculated and backdated to May 21, 2015.

It is expected that the ministry will revise the real estate valuations in 2016 as the procedures have already started.