Enter your annual gross rental income to calculate the Greek income tax owed as an individual landlord in 2025.
Annual rental income tax
--
Tax at 15% (up to 12k)
--
Tax at 35% (12-35k)
--
Effective rate
--
Net rental income
--
Your breakdown
Updates live as you type
Item
Amount
How rental income tax works in Greece
Greek landlords declaring rental income on the annual E1/E2 tax return face a progressive three-bracket scale independent of their employment income. The 15% bracket covers the first 12,000 EUR, capturing most small landlords with a single property. The 35% bracket applies on income from 12,001 to 35,000 EUR, affecting landlords with multiple or high-value rentals. Income above 35,000 EUR attracts 45%, which is the highest rate in the scale. Unlike employment income, there is no tax credit available against rental income tax, meaning the full progressive scale applies from the first euro.
Example calculation
Annual rental income of 18,000 EUR: tax on first 12,000 EUR at 15% = 1,800 EUR. Tax on next 6,000 EUR (12,001-18,000) at 35% = 2,100 EUR. Total tax = 3,900 EUR. Net rental income = 14,100 EUR. Effective rate = 21.7%. Monthly net rental income = 1,175 EUR.
Tips and considerations
Register all rental contracts on the AADE e-renters portal to comply with the law and avoid penalties. The 15% rate on the first 12,000 EUR makes small-scale residential letting moderately tax-efficient. Landlords considering property company structures should compare the 22% corporate tax rate against the personal rental income brackets for their specific income level. Consider that ENFIA (annual property tax) is not deductible from rental income, adding to the overall property holding cost.
Frequently asked questions
How is rental income taxed in Greece in 2025?
Individual landlords in Greece pay income tax on rental income under a separate progressive scale: 15% on the first 12,000 EUR of annual rental income, 35% on the portion between 12,001 and 35,000 EUR, and 45% on rental income above 35,000 EUR. This scale applies to gross rental income without deduction for expenses such as property tax (ENFIA), maintenance, or depreciation. The rental income is declared annually on the E2 schedule of the Greek income tax return (E1) and is taxed separately from employment income, not combined into a single progressive calculation.
Can I deduct expenses from rental income in Greece?
Greek tax law does not currently allow individual landlords to deduct property operating expenses (repairs, maintenance, management fees, ENFIA) from rental income for income tax purposes. The tax is levied on the full gross rental receipts. This is a significant difference from the UK, Germany, and many other EU countries where property expenses are deductible. The only relief available is that rental income is taxed under its own scale rather than being stacked on top of employment income, which prevents the highest earners from paying 44% on rental earnings from the first euro. Greek property tax reform discussions include introducing expense deductibility, but this has not been legislated as of 2025.
Do I need to declare rental income to the Greek tax authority?
Yes. All rental income from Greek properties must be declared to AADE via the annual income tax return. Landlords must also file an E2 schedule listing each rental property, the tenant details, annual rent received, and whether the rental contract is registered in the e-renters (e-missthosis) system. Failing to register a rental contract with AADE and report income is a common compliance risk. Penalties for undeclared rental income include back taxes, interest at 8% per annum, and fines of 10-50% of the undeclared tax. AADE cross-references rental data with banking transactions and Taxisnet registrations to detect undeclared rentals.
Is Airbnb rental income taxed differently in Greece?
Short-term Airbnb-style rentals in Greece are subject to a separate flat tax scheme rather than the standard rental income brackets. As of 2025, short-term rental income is taxed at 15% for annual income up to 12,000 EUR and 35% for the portion between 12,001 and 35,000 EUR, similar to the standard rental scale, but operators must also register on the Short-Term Accommodation Register (Metroo Vrachychronias Misthosis) at AADE and pay a special accommodation levy (2-4% depending on the category). Properties rented short-term for more than 60 days per year and generating income above 12,000 EUR may also be treated as a business activity requiring VAT registration.