Fines of up to €1,000 for property owners who fail to update or inaccurately declare the use of their properties in the new digital Property Ownership and Management Registry (MIDA) are being introduced through an amendment filed in Parliament by the Ministry of National Economy and Finance. MIDA is expected to go live in early July. At the same time, sweeping changes are coming to the ENFIA property tax, as from next year the tax will be calculated based on a property’s actual square footage, as recorded in the Electronic Building Identity certificate.
MIDA: fines up to €1,000 for late or inaccurate declarations
The new registry represents the largest digital cadastral survey of real estate ever undertaken in Greece, consolidating data on more than 7 million property owners and millions of properties across the country. Declaring a property’s use will be mandatory, and failure to submit a declaration within three months of a lease or free-of-charge transfer will result in a €500 fine. Inaccurate information carries a penalty of up to €1,000 when it leads to the receipt of benefits or subsidies, or €100 when no such benefit is involved. A key element of the regulation is the link between MIDA and the E9 property declaration form. A property use declaration cannot be submitted unless the property’s details have already been registered in the E9. The goal is to create a unified digital database where ownership data and usage data are cross-referenced, allowing Greece’s Independent Authority for Public Revenue (AADE) to more easily identify errors, omissions, and discrepancies.
ENFIA from 2027 to be based on the Electronic Building Identity
From 2027, the Electronic Building Identity certificate will also be taken into account when calculating ENFIA, so that the tax is assessed on the basis of a building’s actual surface area. Currently, ENFIA is determined using data from the Land Registry, the title deed, or the building permit. If a property’s actual surface area is larger than what is recorded in the Land Registry, the title deed, or the building permit — or if the property’s use has changed — the tax will be calculated based on the actual area and actual use. For buildings that have been issued an Electronic Building Identity, if the actual surface area is smaller than what appears in the Land Registry, the title deed, or the building permit, the area recorded in the Electronic Building Identity will be used for tax purposes. The provision further specifies that existing E9 declarations, ENFIA assessment acts, and ENFIA certificates already issued will not be considered inaccurate, and no penalties will be imposed in cases where the actual surface area — as evidenced by the Electronic Building Identity — is smaller than that stated in the Land Registry, the title deed, or the building permit. The same applies to ENFIA certificates that have already been issued.
