Greece launches new integer existent property registry MIDAwhich will harvester each spot information successful 1 database and let the state to power each object.
Greece moves to integer existent property control
The Greek state launches MΙΔΑ – a single integer registry that will, for the archetypal time, unite each information connected existent property successful the country. The system is developed under power АΑΔΕ and will go the main tool for streamlining taxation And fight against shadiness property.
According to Ministry of FinanceMIDA will let you to make “a single, implicit and reliable picture” spot status of citizens and companies. It will beryllium used arsenic a ground for tax audits and lodging argumentation development.
How the caller system will work
From January 2026 АΑΔΕ will statesman automatic reconciliation of declaration information E9 with notes Cadastre done the system ΚΑΕΚ. Owners will beryllium capable to cheque and update their information online, without visiting tax offices.
Each spot will beryllium assigned digital dossierwhere they bespeak the type, area, floor, address, status (residential, unfinished, rented), codes ΑΤΑΚ And ΚΑΕΚenergy supply data, insurance, litigation and gathering licenses.
If the system detects objects not declared to the tax authoritiesbut registered successful the Cadastre, the owners are threatened checks and fines. However, insignificant discrepancies will not beryllium penalized.
Transparency and anti-evasion
MIDA will besides screen rental properties, requiring owners to bespeak their existent use. Information will beryllium update successful existent timeincluding termination of lease agreements.
Parallel АΑΔΕ introduces different integer tools: mandatory electronic invoicing system, digital lawsuit dossierplatforms BI & Data Analytics with elements of artificial intelligence, arsenic well arsenic systems tax hazard assessments.
According to the ministry’s forecasts, further fund revenues from reducing tax evasion will transcend 2.2 cardinal euros. By 2026, the legislative model for taxation will besides beryllium completed cryptocurrencies.
МΙΔΑ — a step towards transparent spot management
Experts stress that МΙΔΑ – not conscionable a database, but technological instauration of the caller tax era. The system will supply the state with afloat power implicit the question of existent estate, simplify medication and summation citizens’ assurance successful the taxation process.
“Greece is entering a caller integer epoch – an epoch of transparency, ratio and work successful the existent property sector,” the ministry notes.
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