In less than ten days, more than 7 million property owners in Greece will be required to make the first of twelve payments for the ENFIA property tax, based on the new tax assessments available on the Independent Authority for Public Revenue's platform. This tax affects properties with a total value exceeding 800 billion euros, reflecting the substantial real estate holding in the country. The payment schedule allows for flexibility, permitting payment in up to twelve monthly installments, with the first installment due on March 31, 2026, and the last by February 26, 2027.

Despite the structured payment options, there remains a perceived injustice for those who opt to pay the property tax in one lump sum, as they do not receive any discounts unlike income tax payers who can benefit from a tax reduction of 2% to 4% based on when they file their tax returns. This discrepancy raises concerns among property owners about the fairness of the tax system, especially for those who prefer to settle their obligations all at once rather than in multiple installments.

The publication highlights that while the ENFIA tax continues to be a significant financial obligation for property owners, the Independent Authority for Public Revenue aims to streamline the payment process and improve taxpayer services. Therefore, taxpayers are encouraged to visit the digital service "Declaration E9 / ENFIA" to access their tax data and ensure compliance with upcoming deadlines, effectively reinforcing the importance of timely tax management in Greece's complex fiscal landscape.