The process for applying for reductions on the ENFIA property tax for 2026 is nearing its deadline, with Monday, February 16, being a crucial date for thousands of taxpayers. Missing this deadline will automatically result in the loss of the right to a tax reduction, which is expected to be confirmed in the first ten days of March. Data indicates that more than one million property owners will benefit from reduced bills this year due to new rules on insured homes and targeted relief in rural areas.

The most significant immediate measure is a 10% to 20% tax reduction for those who insured their homes in 2025. Key conditions include comprehensive coverage against risks such as fire, earthquake, and flood, along with the insured value of the property meeting specific criteria. These changes aim to encourage homeowners to take proactive measures in securing their properties.

As the February 16 deadline approaches, property owners are urged to ensure their applications are submitted on time to avoid forfeiting potential savings. The newly implemented regulations are part of Greece's wider strategy to provide financial relief and promote insurance coverage among homeowners, potentially stabilizing the housing market in the process.