New tax incentive of up to 16,000 euros for repairs and energy renovation of housing in Greece

Resolution published ΚΥΑ (FEC 5933/Β/5-11-2025), which extends until December 31, 2026 tax benefit for expenses energy, functional and aesthetic renovation of buildings.

According to the document, citizens can receive tax deduction up to 16,000 eurosprovided that payment is made electronicallyand the work is carried out by companies registered in Greece.

Expenditures must be outside of other subsidy or grant programs. The deduction amount is distributed evenly over five yearswith an annual limit 3,200 euros. If the deduction exceeds the accrued tax for a particular year, the difference is not refunded and is not carried forward to subsequent periods.

How is the amount calculated?

According to the explanation PΟΜΙΔΑthe cost of materials cannot exceed one third from the cost of services, that is, the maximum 25% of the total invoice amount. All payments must be supported by legal documents and made only through electronic means (e-banking, cards, electronic wallets).

The benefit is beneficial to those who have income tax equals or exceeds the amount of the possible deduction. In the case of joint ownership of real estate, the amount of the benefit is distributed depending on ownership share or the cost of the right of use.

Three remarks from PΟΜΙΔA

1. Thanks to the organization’s constant requests, last year the percentage of deductions was already increased and included materials costs (up to 25% of the total bill). However, PΟΜΙΔΑ continues to achieve equal proportions – 50% for labor and 50% for materials.
2. This measure can be used by home owners and managers to elevator updatesprovided that their income tax is high enough to make taking advantage of the benefit economically feasible.
3. WITH January 1, 2025 are excluded from the program heating systems using oil and natural gasin accordance with national and European regulations to limit the use of fossil fuels.

What expenses are recognized?

The benefit applies to all buildings unless they are included in other modernization programs. Work must be carried out with January 1, 2024 to December 31, 2026 at sites located in Greece. All invoices must be submitted to ΑΑΔΕ.

The maximum amount of expenses is 16,000 euros for the entire period of the measure. The deduction is divided over five years, with an annual limit of 3,200 euros. Payment is exclusively electronic.

What kind of work is covered?

Energy improvements:

• thermal insulation;
• replacement of windows and double-glazed windows;
• installation or upgrade of heating and cooling systems (excluding gas and oil);
• smart thermostats and automation systems;
• photovoltaic panels and batteries;
• water heating systems from renewable energy sources;
• ventilation with heat recovery;
• energy-saving lighting of common areas.

Functional and aesthetic improvements:

• plumbing and electrical work;
• repair and painting of facades and walls;
• repair or installation of roofs and awnings;
• installation or renovation of elevators;
• electric vehicle charging points;
• replacement of floors and coverings.

Acceptable materials include: thermal insulation panels, window structures, solar panels, batteries, renewable energy equipment, materials for engineering systems. The measure is aimed at supporting owners, stimulating the construction sector and reducing the energy footprint of buildings.

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