A new registry is being introduced in Greece, aiming to collect data on all properties owned by taxpayers. Approximately 7 million property owners will be affected by this change, as the Independent Authority for Public Revenue (AADE) initiates an extensive control mechanism.
The new Property Ownership Registry will provide a comprehensive overview of the country's real estate landscape. Property owners are required to re-examine and update their property information to ensure compliance with the new regulations.
This development is expected to have a significant impact on the Greek economy, particularly in the real estate sector. The introduction of the new registry is part of a broader effort to streamline and modernize the country's property ownership system.