Enfia property tax revenues 60 mln euros less than last year

The state’s total revenues from the Enfia property tax this year is estimated at 3.09 billion euros, some 60 million euros less than last year, Finance Ministry officials said on Friday.

The drop came about after reduction in the tax in low income areas in Athens, Thessaloniki, Lamia, Tripoli and Katerini, officials said.

Most home owners (62 percent) will pay the same Enfia tax as they did last year, while 24 percent will see a drop in the levy with 14 percent of property owners being hit with a hike.