Greek Taxation & Real Estate Guide 2025: Inheritance and Property Sale in Greece

Greece remains one of the most attractive destinations for real estate investments, while many members of the Greek diaspora face the need to manage inheritance cases or proceed with property sales in the country. The tax framework changes frequently, which makes proper guidance essential.

In this guide by TKC Finance, we present in detail what applies in Greek taxation in 2025, as well as the step-by-step process for property inheritance and property sale.

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Why This Guide Matters

• Tailored to expatriates and non-residents of Greece who own or plan to acquire real estate.

• Consolidates in one place everything you need before dealing with inheritance or property sale.

• Offers practical advice, compliance checkpoints, and tax details.

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📌 Key Points of Greek Taxation (2025)

1. Tax Identification Number (AFM) & Tax Representative: Mandatory for all transactions. Non-residents must appoint a representative.

2. Income from real estate: Taxed progressively from 15% to 45%.

3. ENFIA: The annual property tax. Without a 5-year ENFIA clearance certificate, no inheritance or transfer can be completed.

4. Transfer Tax (FMA): 3.09% in total, paid by the buyer.

5. VAT on new buildings: Suspended through 2025, favoring property purchases.

6. Capital gains tax: Suspended until 2026 for private property sales.

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👪 Inheriting Property in Greece

Steps

• Obtain AFM for the heir and appoint a tax representative if non-resident.

• Gather documents: death certificate, family certificates, will (if any).

• Submit inheritance tax return: 9 months if the deceased passed away in Greece, 12 months if abroad.

• Pay inheritance tax in up to 12 bi-monthly installments (or lump sum with 5% discount).

• Obtain 5-year ENFIA clearance and Building ID (ΗΤΚ).

• Sign inheritance acceptance deed with a notary and register at the Land Registry/Cadastre.

• File E9 property declaration within 30 days.

TKC Finance Tip

Most inheritance procedures can be finalized remotely, without the heir traveling to Greece.

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🏠 Selling Property in Greece (2025)

Requirements

• Title deeds and updated Land Registry certificates.

• Building ID (ΗΤΚ) and Energy Performance Certificate (EPC).

• 5-year ENFIA clearance.

• Settlement of any building irregularities.

Taxes and Costs

• Buyer pays 3.09% transfer tax.

• Seller pays no capital gains tax (suspended).

• Other costs: notary, Land Registry, lawyer, real estate agent, engineers.

Process

1. File and pay transfer tax (myPROPERTY platform).

2. Sign deed of sale (payment via banking channels only).

3. Register deed at the Land Registry/Cadastre.

4. Update E9 property declarations.

TKC Finance Tip

Property sales may stall if even one document is missing. A pre-sale legal & tax check is crucial.

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❓ Frequently Asked Questions

• Who pays ENFIA in the year of the sale? The property owner as of January 1st (commonly prorated in the contract).

• Can inheritance acceptance be done without traveling to Greece? Yes, through a power of attorney and Apostille documents.

• Do I need a tax representative if I live abroad? Yes, it is mandatory.

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📈 How TKC Finance Supports You

• AFM issuance and appointment of tax representatives.

• Full support in inheritance procedures.

• Legal & tax review before property sales.

• Property management (long-term & short-term rentals).

• Clear reporting and bilingual support (Greek & English).