Greece relaxes rules allowing property sales despite tax arrears

Athens is introducing new regulations that give owners greater flexibility. Previously, tax debt blocked any property transactions—now the situation is changing.

The Greek government is streamlining procedures across several fronts: sales, purchases, inheritance and gifts. The principal aim is to clear the real-estate market of bureaucratic obstacles and unfreeze thousands of stalled transactions.

For investors and property owners, this signals one thing: if you have been planning to sell Greek property but were hampered by the previous owner's tax issues or your own outstanding liabilities, relief is on the horizon. The new system is expected to come into effect shortly.

Source: GreekCityTimes Real Estate