The Greek government plans to take a set of measures in 2026 to curb the growth of rents for basic housing.
According to the Statistical Office of Greece, the growth of rents significantly outstrips the growth of incomes of citizens. In 2025, the rent index exceeded 8.5%, and since 2020, its average growth is approaching 30%. This leads to hundreds of thousands of households spending more than 30% of their monthly income on housing, which is considered an excessive financial burden.
The situation is particularly acute in the Attica region (where Athens is located). Several factors influence high demand here: excessive concentration of economic activity and jobs, the growth of the tourism sector (which puts many facilities on short-term lease), as well as the demographic trend of an increase in the number of single-person households.
What measures does the government plan to take?
1. Owners of vacant properties will be able to receive government subsidies for their repair and restoration. But in return, they will make commitments.:
- To bring these facilities to the market and rent them out. Freeze the rent agreed with the tenant for a long period of three or even five years.
2. Building renovation program. The Government intends to find additional sources of funding to increase the initial budget of this program. Increasing supply will help keep prices from rising.
The main goal of the package, which includes other measures, is not to immediately reduce prices, but to slow down their growth rates first.
On the impact of legislation on the Greek housing market we talked about it in a lot of material.
Source: Ekathimerini