From 1 January 2027 Greek municipalities will charge a new local development fee on property, at 0.30‰ to 0.70‰ of its value, under the Local Government Code. The law is in force; councils must set their rates within 2026.
The fee (Telos Topikis Anaptyxis, TTA) is in the Local Government Code, Law 5314/2026 (ΦΕΚ Α’ 103/29.06.2026). Under the code’s transitional article 448, the existing property fee (TAP) and the electrified premises tax (FIX) apply until 31 December 2026. The new fee applies to electricity bills for consumption periods starting on or after 1 January 2027.
Article 393 lets each municipal council set the rate between 0.30‰ and 0.70‰ of property value, and the rate may differ by municipal unit. A council may go above 0.70‰ only if its finance service shows that the maximum would raise less than 95% of what TAP and FIX brought in during 2025, and only as far as needed. Value is based on square metres, the zone price and an age factor, as set by a finance ministry decision under Law 5219/2025. Where no zone price has been set, the council fixes the value itself.
On a property valued at €200,000 under these rules, the fee would range from €60 a year at 0.30‰ to €140 a year at 0.70‰.
Under article 394, the fee falls on the owner on 1 January each year. Co-owners pay in proportion to their share, and a usufructuary pays instead of the bare owner. A new owner must file an electronic property declaration with the municipality within one month of acquiring the right, and a new declaration within two months of any change in the property’s details.
Under article 395, properties with an electricity meter pay the fee through the electricity bill, in instalments matching the number of bills issued in the year. Council rate decisions and register data must be entered in the application of the distribution network operator (HEDNO) by 30 November each year. If the bill is in a tenant’s name, the tenant pays and deducts the fee from the rent, unless the lease says otherwise. Non-payment is not a ground for cutting off the electricity. Properties without a meter pay in three four-month instalments, or in one sum.
Common areas of apartment buildings are relieved of the fee, and listed buildings and monuments can be relieved under conditions set in article 392. Buildings under construction pay seven years after the building permit is issued, unless the flats are rented or used earlier.
What it means for buyers
Owners who live abroad will see the new fee from 2027 on the electricity bill of each Greek property that has a meter, at the rate their municipality sets; properties without a meter are billed by the municipality. The rate can differ between neighbouring areas. A new owner has one month to file an electronic property declaration with the municipality. For landlords, the default rule is that a tenant who pays the bill deducts the fee from the rent. Buyers should confirm how this applies to them with a Greek lawyer or accountant.
What happens next
Article 448 requires councils to issue their rate decisions within 2026, and article 395 sets 30 November as the annual deadline for entering them with HEDNO.
