Property owners in Greece may be able to eliminate tax on rental income for up to three years by correctly completing specific fields in the E2 tax declaration form, according to current tax guidance.
The key provisions apply to landlords who rent out previously vacant homes or convert short-term rentals into long-term leases, allowing them to benefit from a temporary exemption from income tax on the rent they collect.
How Rental Income Is Reported
Income from rents declared in the E2 form is automatically transferred to the main tax return form, where it is normally taxed from the first euro with rates ranging from 15% to 45%.
Tax authorities also automatically recognize 5% of rental income as deductible expenses, covering costs such as maintenance, repairs, renovations and other operational needs related to rented properties.
In addition, the form allows taxpayers to declare uncollected rents, provided certain legal conditions are met.
Key Points When Completing the E2 Form
Property owners are advised to pay close attention to several sections of the declaration:
- Vacant properties: If a property remained empty for all or part of the tax year, it must be marked as “vacant”, with the relevant time period indicated.
- Property category: Owners must specify the type of property, such as residence, detached house, commercial premises, storage unit, parking space, land plot or other building types.
- Rental income: Columns dedicated to rental income must include gross income from properties, as well as previously declared unpaid rents from earlier tax years that were eventually collected in 2025.
- Unpaid rents: These can be declared to avoid taxation, but only if legal action has been initiated—such as a payment order, eviction order, court decision or related lawsuit—before the tax return deadline. Supporting documents must be submitted to the tax authority beforehand.
Codes That Unlock the Tax Exemption
Several specific codes determine eligibility for the tax relief:
- Code 64: Used to declare rental income from a residential lease lasting at least three years, provided the property was vacant during 2022, 2023 and 2024. This income is transferred to dedicated fields in the main tax return and becomes tax-exempt.
- Code 65: Applies to income from a long-term lease signed in 2025 for a property that was previously used for short-term rental in 2024.
- Codes 66 and 67: Cover leases lasting at least six months for homes that were previously vacant or registered in the short-term rental system. These rentals must be made to specific categories of public-sector workers, including healthcare staff, teachers in public education, and members of the armed forces or security services.
Additional Technical Details
The E2 form also requires landlords to include the nine-digit electricity supply number for each property, regardless of whether the supply is active. If no electricity connection exists, or if the property is connected to a shared supply, a placeholder number must be used.
Owners must also record the reference number of the property lease declaration filed in the property rental information system.
