Greece rolls out 11 housing measures, including renovation grants of up to 95%

Eleven measures aimed at freeing up homes

The Greek government is putting 11 housing measures into effect to bring more homes onto the market and ease pressure on rents. The package covers renovation of closed dwellings, tax incentives for owners who offer long-term leases, and new limits on short-term rentals in areas where housing is saturated. A new programme called 'Spiti mou III' is due to start in January 2027, alongside more social housing so that more households can buy a home. The measures are being introduced in stages, so tenants and owners will need to assess each one separately to see whether it suits them.

Renovation grants of 70% to 95%

The renovation programme 'Anakainisi Katoikias' (Renovation of a Home) is run by the Ministry of Social Cohesion and Family and funded from the ESPA through the Ministry of National Economy and Finance. Its implementation guide was published on 20 October and covers renovation work combined with energy upgrades. Support reaches up to 36,000 euros for the works, with up to a further 2,500 euros available for support services. The base subsidy runs from 70% to 80% of the cost depending on income category, and the planned increases lift it to 85% and 95% respectively.

Applications not yet open

Applications for funding have not opened yet. The platform will first accept applications for closed homes and later for properties already used as a primary residence, with dates still to be announced. So far 94,000 eligibility certificates have been issued, 14,000 for closed homes and 80,000 for owner-occupied properties. A certificate does not automatically mean that funding has been approved. For closed homes, owners may either live in the property or rent it out as a primary residence after renovation.

Closed homes14,000

Owner-occupied homes80,000

Closed homes

14000

Owner-occupied homes

80000

Data from the article text

Rent refund, tax relief and a November bill

The rent refund is being widened and will be paid to thousands of beneficiaries at the end of November. New measures and special tax provisions for the coming year are being folded into the ΔΕΘ omnibus bill, which is to be put to a vote in Parliament in November. The option of income-tax exemption on rents for the first 36 months is extended until 31 December 2027, covering eligible closed properties. Several of the measures will therefore take effect at different points between now and the end of 2027.