What does the new law bring in the Greek real estate market

The increase in property values in some areas in the Southern Suburbs exceeds 80%, while the Municipality of Athens reports an increase of up to 95%.

The requests sum up to a total of 25.3 billion euros due from which 19.5 billion are at an initial stage.

The decision represents a major and humiliating U-turn for new Prime Minister Liz Truss, who was insisting as recently as Sunday she was “absolutely committed” to the cut.

About 6.2 million have been submitted according to the Minister of Finance.

Granted if specific conditions are applied.

Owners who live in Attica, despite the fact that their real estate properties values was increased by 24.64% due to the adjustment of fair values, have realised ENFIA decreases of c.8.47%.