To the Prime Minister Mr. Kyriakos Mitsotakis
The Minister of Finance Mr. Christos Staikouras
The Minister of Development Mr. Adonis Georgiadis
The Deputy Minister of Finance Mr. Theodoros Skylakakis
The Deputy Minister of Finance Mr. Apostolos Vesyropoulos
The Government Representative Mr. Stelio Petsa
In Athens, December 7, 2020 justify?”>TOPIC: No increase in objective values until the end of the consequences of the pandemic!
Dear Prime Minister, gentlemen Ministers
Until the beginning of this year the auspicious prospects of the economy and in particular of tourism, of the short-term leases and the Golden Visa for residents of third countries, widely publicized at the time by the mass media, were the argument for the Ministry of Finance to launch a process of approx. generalized increase in the zone prices of the country’s urban (planned) real estate.
Ten months later, however, the situation that has been created today now in our society and economy from the spread of the coronavirus, and from the particularly ominous forecasts for its duration, have completely overturned the previous image, so that only reductions in the objective values of urban real estate are currently required, and this for the following five reasons:
*The ongoing forced rent reductions devalue these properties and make them an absolutely unsafe investment and savings destination.
*The effects on the country’s tourism in general, and especially on short-term rentals (Airbnb ) that gave momentum to the real estate market, are literally demolishing.
*The demand for real estate with imported money for investment reasons has nihilated, as well as for obtaining a Golden Visa, because no one wants or can travel to other countries anymore.
*Thedomestic demand for real estate, and therefore construction activity is now anemic, because and the known state of the banking system of our country.
* Finally the ENFIA, and especially its additional tax on civil and only property, but also the heavy real estate income tax rates operate confiscatory in the possession of real estate.
As from your first statement ( 11.3) you rightly pointed out Mr. President, our economy is receiving a blow that was impossible to foresee, that is why its consequences must be limited in every way, through the support of society and the affected sectors of the economy us with the appropriate measures for each sector.
But it is obvious that and the real estate market, construction and private real estate in general are from the central pillars of the economy that are directly and heavily affected and their fate concerns all of us! the leases and the constructions and renovations/upgrades of buildings, but also the tenants-users of the properties, through the presumptions, will be burdened with the most important additional taxes, including ENFIA, based on conditions and assessments that currently do not exist now!
Therefore, Mr. President, Ministers, and while we would not object to extending the objective values system to areas that are currently not implemented, we ask you, as a measure to support our sector, to abandon any thought and process of increasing zone prices where objective values already apply, not only until the end of the pandemic, but at least until the market situation normalizes, in the economy and social life of our country and people!
With special regards
The Presidents
GENERAL CONFERENCE OF WORKERS OF GREECE (GSEE) Ioannis Panagopoulos
GENERAL CONS. ASSOCIATION OF CRAFT MERCHANTS OF GREECE (GSEVEE) Georgios Kavvathas
CONDUCTOR OF BUILDINGS & BUSINESS HOUSE OF GREECEDim. Kapsimalis
FEDERATION OF CIVIL CONTRACTS BROKER GREECE (OMASE) Artemis Mavraki
PANHELLENIC ASSOCIATION OF TECHNICAL COMPANIES (SATE) Georgios Vlachos -align: justify?”>COMMERCIAL ASSOCIATION OF ATHENS (ESA) Stavros Kafounis
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