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“Door opened” for rent caps, cheaper mortgages, a new Golden Visa & reduced VAT for social housing
New housing strategy released for public consultation – A new version of the “My Home” program is also proposed, with tax incentives for banks
New subsidy scheme seeks to bring vacant homes back onto the market
Greece is preparing to launch a new housing scheme designed to increase the supply of available homes by subsidising extensive residential renovations, as the government looks to bring thousands of vacant properties back onto the market.
Housing: Subsidy up to €36,000 from May for 30,000 renovations – 20 properties on the market in 2026 for social housing
The social housing plan passes the first market test with 20 properties in 2026, while 2,300 homes from inactive camps and 700 by 2029 enter the pipeline - Investors "see" returns of 9%-10% to enter the projects, with public property being the main filter
Rents like Europe, salaries like Greece: An entire monthly wage for a home in Athens
Up to 94% of salary goes to rent – increases of up to 10% with inflation at 3% and wages stagnant – what the KEFiM study shows and how families cope
Investment trends and a key challenge for new homes in Athens through 2030 — Where prices are peaking
The maturing of the market is leading to a levelling off of the rates of increase that have been evident since last year, as "asking prices are beginning to test the upper limits of demand resilience", according to Savills Hellas
Incentives for rental housing, clampdown on Airbnb: Who benefits from Mitsotakis’ new housing measures
Renovations subsidized up to 90%, double rent refunds, tax incentives, and new rules for short-term rentals are reshaping the housing market