Rooms to Let Excluded from Greece Property Tax

rooms-to-letRooms to let have been excluded from paying additional property tax, following an amendment last week to the initial bill voted in parliament in September.

Despite having initially foreseen reduced tax rates for Greece’s tourist accommodation establishments, parliament voted in September to tax rooms to let as individual properties under the unified property tax (ENFIA) scheme.

The “error” was rectified last week, after Tourism Minister Olga Kefalogianni expressed her discontent to Finance Minister Gikas Hardouvelis.

ENFIA, which was introduced as an emergency tax in efforts to bring in revenue to state coffers, has now become an annual ownership tax that comes on top of some 40 property-related taxes already applicable.