The real estate market in Greece is entering a new digital era, with the Independent Authority of Public Revenue (AADE) establishing stricter rules for transparency, tax compliance and the proper recording of all leases. As of June 2, 2025, a new system for accepting lease declarations is activated, while as of January 1, 2026, mandatory rent payments exclusively through banks are established.
Digital confirmation of leases – 30 days to accept or reject
Based on decision A.1068/2025 of the AADE, each new declaration of lease of a property must be confirmed within 30 days by the tenant and the co-owners. If no action is taken within the deadline, the declaration is automatically considered accepted and binding.
In case of rejection, justification is required through a special field. This new regime brings transparency, limits arbitrary declarations and makes co-owners and tenants essential participants in the process.
Transition period until 30 June 2025
To facilitate the transition, a transitional period is foreseen until June 30, 2025 , during which:
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Interested parties can accept or reject declarations submitted by June 1 .
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Landlords can declare the termination of leases that have ended up to April 30, 2025 , without penalty .
To the Property Ownership and Management Registry (MIDA)
The new system is a precursor to MIDA , the Property Ownership and Management Registry, which is being planned by the Hellenic Property Administration. The goal is to fully digitalize each lease, with a clear record of who leases what, to whom, under what terms and when. This puts an end to:
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Virtual leases for allowances or presumptions,
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Subletting without consent,
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Declarations made without the knowledge of the co-owners,
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Undeclared expirations and old dates to avoid tax audits.
"Implicit consent" is no longer valid — digital confirmation is now mandatory.
Rents exclusively through banks from 1/1/2026
From January 1, 2026 , mandatory payment of rent through the banking system is introduced. Cash transactions are prohibited and violation of the new legislation entails strict fines and penalties .
The measure concerns all types of residence (main, student, holiday, etc.) and aims to:
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Reduction of tax evasion , through cross-checks between deposits, declarations and announcements,
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Strengthening government revenues ,
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Permanent abolition of "black" rents .
Conclusion: Renting real estate in Greece is changing radically. From digital acceptance of declarations to mandatory payment through banks , the new regulations create a more transparent, controlled and fair system. Landlords and tenants are called upon to adapt immediately, as the eras of inaction, tacit acceptance and cash are coming to an end.
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