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Vat Extension for Newly Built Properties to 2026 Is "Locked in" - the Benefits for Buyers

Summary by Protothema
Breather for buyers and manufacturers - Only the 3% transfer tax will burden transactions - What Kyriakos Mitsotakis is expected to announce at the TIF

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Breather for buyers and manufacturers - Only the 3% transfer tax will burden transactions - What Kyriakos Mitsotakis is expected to announce at the TIF

Preparations are in full swing at the government headquarters ahead of Prime Minister Kyriakos Mitsotakis' visit to Thessaloniki, as part of this year's TIF. More...

·Greece
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The extension of the suspension of the 24% VAT rate on newly built properties will be included in the TIF basket - From 2019 until its first suspension in 2020, it caused many distortions in the market

·Greece
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The government is considering extending the VAT freeze on real estate for another year, that is, until the end of 2026, with the aim of supporting construction and investments... VAT on real estate: To be "frozen" until the end of 2026 to support construction - NAFTEMPORIKI

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Naftemporiki broke the news in on Wednesday, August 27, 2025.
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