Three-Year Tax Break for Landlords Renting Vacant Properties – Major Changes for Larger Homes

Starting November 2025, spot owners successful Greece who rent retired antecedently vacant oregon short-term rental homes tin payment from a three-year taxation exemption, with caller rules expanding eligibility for larger households and nationalist assemblage tenants, portion ensuring stricter compliance with anterior spot declarations.

Incentives to Unlock Vacant Homes

Thousands of homeowners hesitant to rent retired their properties present person a beardown incentive. Under the caller measures included successful the Finance Ministry’s taxation betterment bill, landlords who alteration vacant oregon short-term rental homes into semipermanent leases tin bask 36 months of tax-free rental income, provided they conscionable the eligibility criteria and deadlines. The reforms purpose to increase semipermanent rental lodging availability, particularly for families with children, doctors, teachers, and uniformed personnel.

Eligibility and Duration

The taxation interruption applies to homes vacant for astatine slightest 36 consecutive months earlier rental, initially up to 120 quadrate meters. For families with 3 oregon much children, the size threshold increases:

• Three children: up to 140 sqm

• Four children: up to 160 sqm

• Five children: up to 180 sqm, positive 20 sqm per further child

Exemptions stay valid until December 31, 2026, and consecutive rentals wrong this three-year play proceed to qualify. If a tenant leaves early, landlords person three months to find a replacement without losing the benefit.

Requirements for Declared Vacancies
To qualify, properties indispensable person been declared “vacant” connected the E2 form for 3 consecutive years anterior to leasing, oregon registered arsenic short-term rentals for astatine slightest 1 year earlier conversion to semipermanent leases. This ensures transparency and prevents maltreatment of the taxation relief.

Flexibility for Public Sector Tenants
The caller model allows shorter leases of at slightest six months for tenants specified arsenic teachers, doctors, oregon uniformed officers, who often relocate earlier completing 3 years. Consecutive leases to specified tenants inactive number toward the afloat exemption.

Loss of Exemption

The three-year taxation interruption is forfeited if:

• No caller tenant is recovered wrong 3 months of a vacancy

• The spot is temporarily listed for short-term rentals, including platforms similar Airbnb

In specified cases, landlords retain the exemption for antecedently received rent but aboriginal income is taxed astatine mean rates, and retroactive penalties whitethorn apply.

Practical Examples

• An 85 sqm flat declared vacant successful 2023–2025 does not qualify until January 1, 2026.

• Homes converted from short-term rentals successful 2024 go eligible immediately, provided each different conditions are met.

• On islands, if a teacher leaves aboriginal and a replacement tenant qualifies, the exemption continues uninterrupted.

The updated taxation alleviation model balances incentives for landlords with protection for semipermanent tenants, encouraging the availability of larger and much sustainable rental homes crossed Greece.

Source: pagenews.gr

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