Luxury Homes in Greece Face Tax Auctions in 2026

Anew wave of property auctions is set to begin in Greece in early 2026, targeting villas, upscale residences, and land in some of the country’s most desirable locations as tax authorities move to recover soaring unpaid debts.

The Independent Authority for Public Revenue, Greece’s tax collection agency, has scheduled the first electronic auctions of the year for mid-January, signaling a more aggressive push against major tax debtors. According to official data, total overdue tax liabilities have reached €112.5 billion, putting increased pressure on enforcement mechanisms.

Tax officials say property auctions are used as a last resort, after other collection tools such as automated bank account seizures. Still, the scale of the problem is significant. Nearly 3.9 million individuals and businesses currently owe overdue taxes, with more than 2.3 million facing the risk of asset seizures. About 1.63 million debtors have already been subjected to compulsory enforcement measures.