In 2025, an automated system for assessing citizens' real estate will start operating in Greece.
In recent years, the Greek Tax Authority (AADE) has been paying special attention to real estate. Transactions are being reviewed, and the assessed values of properties used for tax calculations are being adjusted. Furthermore, a new bill is being drafted that will update the data in the independent Greek Revenue Service's database in real time, rather than every few years. The reason is simple: a sharp rise in prices due to the huge demand for housing.
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