Greece: Tax Authority to Launch 69 Property Auctions
Greece's tax authority is launching 69 property auctions starting November 4, targeting debtors who did not join state payment plans.
- Greece will hold 69 tax debt auctions starting November 4.
- The program targets debtors who bypassed state instalment plans.
- Bidding takes place online through the official e-auction platform.
General information for readers following the Greek real estate market. This does not constitute legal or financial advice.
The Independent Authority for Public Revenue (AADE) in Greece is set to hold 69 tax debt auctions involving plots, homes, and warehouses starting November 4 until February 17, 2027. The program targets taxpayers who did not participate in the Ministry of Finance's 72-instalment payment plan. Starting bids range from €1,100 for warehouses to approximately €700,000 for plots with buildings. Properties listed are located across various regions, including Athens, Crete, Thessaloniki, and Halkidiki. Bidding is conducted online through the e-auction platform, and dates may change subject to legal suspensions.
What this means for property buyers and investors in Greece
If you are following the Greek real estate market or considering purchasing property, online tax auctions require careful preparation and local expertise. Because these properties belong to debtors, the purchasing process involves specific legal steps and due diligence. It is always recommended to consult a qualified local lawyer and an accountant to verify the property's legal status, title deeds, and any potential prior obligations or liens. Since auction dates can change subject to legal suspensions, always check the official electronic auction platforms for the most up-to-date schedule before taking any next steps.
FAQ
When do the Greek tax authority property auctions start? The auctions begin on November 4 and will run until February 17, 2027.
What types of properties are included in the auctions? The listings feature plots, homes, and warehouses located in regions including Athens, Crete, Thessaloniki, and Halkidiki.
What are the starting bid prices for these properties? Starting bids range from 1,100 euros for warehouses to approximately 700,000 euros for complex properties.
Yavanet will keep updating from official sources.
