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Under the new regulations, property owners have three months to report any rental agreements or free-use arrangements in the system. Failure to do so may result in fines of €500 to €1,000 for submitting inaccurate information to obtain subsidies.
The Greek real estate market is facing a striking demographic paradox: even as the country’s total population slowly decreases, demand for housing is soaring, driven by a growing number of singles, students, and divorced individuals.
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