Correcting inequalities in property tax | Business

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A super-luxurious 550 sq.m. villa at Kalo Livadi on Mykonos, which is about 20 years old, with six bedrooms and five full bathrooms, and unhindered views of the sea comes with annual ENFIA dues of 1,010 euros, which amounts to just 1.8 euros per square meter, while the asking price for the property is 3.5 million euros.

The Finance Ministry is seeking to remedy some serious inequalities in property taxation over the coming months in cooperation with real estate…

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Source: ekathimerini.com