Upcoming Airport Closures in Heraklion, Crete

Greek Prime Minister Kyriakos Mitsotakis has announced series of housing measures affecting property buyers and owners at the Thessaloniki International Fair.

Greece is entering a new era of property and inheritance regulation. For the first time in over 80 years, the government is preparing a comprehensive reform of the Inheritance Law, designed to simplify procedures, ensure fairness, and modernise how estates are managed.

Greece is taking an important step in environmental protection, becoming the first country in the world to deploy a national satellite system for wildfire detection and monitoring. First launched in May and expected to become fully operational in September 2026, the new Hellenic Fire System brings advanced space technology to Greece's efforts against wildfires.

If you own a home in the Peloponnese or have been quietly thinking about buying one, there is some news you should be aware of: At the end of June, a 40-year concession for Kalamata International Airport "Kapetan Vasilis Konstantakopoulos" was signed by a consortium led by Fraport, together with the Kopelouzos Group's Delta Airport Investments and the Konstantakopoulos Group's PILEAS. According to the National Development Fund, which retains a 10% stake in the new company, the initial concession payment is 45 million euros, and the planned investment programme is expected to exceed 125 million euros over time.

In short: Kalamata's airport is set to roughly double its traffic by 2030, with a new terminal three times the size of the current one. For anyone with a house in the region, or an eye on one, that matters.

A new regulation regarding the calculation of ENFIA (Eniaios Phoros Idioktisias Akiniton/annual property tax) was announced by the Greek Ministry of National Economy and Finance. The purpose of this regulation appears to be to address cases where property owners were previously taxed on more square meters than their property actually has. The new regulation, which is expected to take effect in the 2027 tax year, introduces the Electronic Building ID as a key factor in determining taxable floor area.

As UNESCO recently announced, Mount Olympus – also known as the Home of Ancient Greek Gods, or Greece’s highest mountain – has been added to the list of World Heritage Sites. Of course, Greece welcomed the news with a wave of euphoria, as Mount Olympus is widely recognized for its cultural and natural significance.

Moving your life to a new country brings enough to think about, including the costs. For those settling permanently in Greece, there is some welcome news on that front. Bringing your household belongings and even your car can come with relief from customs duty, VAT and vehicle registration tax. The Independent Authority for Public Revenue (AADE) has recently set out clearer rules on how this works. It's important to clarify that this relief is not exactly new, but what has changed is a significant detail: a recent AADE circular (reference E.2027/2026) spells out the eligibility, the supporting documents and the procedure, with the aim of handling applications more consistently across customs offices.