Real estate activity in Greece saw a notable slowdown in 2025, with property sales decreasing significantly compared to the previous year. This reduction is reflected in the revenue generated from transfer taxes, which dropped to €607.93 million in 2025 from €656.49 million in 2024, a decline of €48.56 million or 7.4%. The drop in revenue from transfer taxes to residential and commercial properties was about 6.3%, while a more significant decline occurred in the sales of plots and agricultural land.

Despite the downturn in property sales, there is a marked increase in the number of parent-to-child property transfers, donations, and inheritances. The tax exemption threshold of €800,000 for the transfer of property from parents to children has served as a strong incentive, prompting thousands of families to shift ownership of properties without incurring tax liabilities. This dynamic shift indicates a change in how families are managing their estates amid the economic conditions affecting market transactions.

The reported figures by the Independent Authority for Public Revenue (AADE) point to a concerning trend for government revenues dependent on real estate transactions. This reduction may raise questions about the long-term sustainability of funding from transfer taxes and may lead policymakers to consider adjustments or incentives to revitalize the real estate market. Overall, the situation reflects broader economic challenges in Greece as families navigate both the responsibilities and opportunities within their estates.