Greece’s New Rental Tax Rules: Lower Taxes, Greater Transparency
8/25/20262 min read
Greece is introducing lower tax rates on rental income while tightening oversight of rental payments. For property owners, the changes mean potential tax savings — but also greater emphasis on transparent payments and accurate administration.
From October 1, rent payments must be made through the banking system. The measure is intended to reduce undeclared rental income by giving tax authorities a clearer record of rental transactions.
New rental-income tax rates
The new tax scale introduces a 25% bracket for annual rental income between €12,001 and €24,000, replacing the previous 35% rate for this portion of income.
The savings can be significant. For example, tax on €15,000 of annual rental income falls from €2,850 to €2,550, while tax on €25,000 falls from €6,350 to €5,150.
More monitoring, fewer cash payments
The new rules also create stronger incentives to use bank payments. Tenants who continue paying rent in cash could lose tax benefits of up to €800 per year, while landlords may lose 5% tax rebates on eligible repair, maintenance and improvement expenses. They may also be excluded from certain property-upgrade incentives.
For landlords — particularly those living abroad or managing multiple properties — keeping rental payments, tenancy records and property expenses properly organized is becoming increasingly important.
Professional property management
This is where professional support can make a difference.
A Place 4U provides long-term property management services for Athens owners and investors, including tenant placement and screening, lease administration, maintenance coordination, financial reporting and communication with the Greek Tax Authority (TaxisNet).
Own a rental property in Athens? Let A Place 4U handle the day-to-day management while you focus on your investment. Explore A Place 4U’s long-term property management services.
Source
eKathimerini, “Lighter property taxes, more monitoring,” August 23, 2026.
This article is for general informational purposes and does not constitute tax or legal advice. Property owners should consult a qualified Greek tax professional regarding their individual circumstances.
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