Greek Property Values Frozen Until 2027

Property values in Greece are expected to remain unchanged until 2027, according to statements made by Deputy Minister of National Economy and Finance, Giorgos Kotsiras, at the Prodexpo 2025 conference.

This decision aims to address the housing problem and maintain investment momentum in the real estate market. An increase in property values could lead to a rise in property prices and rents, negatively affecting households and inflation.

Furthermore, an increase would impact ENFIA property tax and other fees related to real estate. According to the Bank of Greece (ΤτΕ), apartment prices increased by 7.3% in the second quarter of 2025 on an annual basis, while rents increased by an average of 4.3% compared to 2024, according to a RE/MAX survey.

This trend is linked to increased demand for housing and limited availability.