Endless need of money, endless brilliant ideas… Owners of private or commercial property will need a new certificate, a so-called “Property Identity Certificate.” And it will cost them at least 400 euro every five to seven years, as it will have to be renewed.
According to daily Eleftheros Typos, this new “poll tax” regulation has been included in the bill about the settlement of (aythereta) drafted by the Ministry of Environment and expected to be submitted to the parliament by September 22nd 2016.
According to the draft, all properties will have to have obtained the “Property Identification Certification” within the next five years. The issue of this certificate will need the stamp by a certified engineer who will get a payment of 400 euros.
The certificate will have to be renewed every seven years and sealed with a new stamp by the engineer and a new payment of 400 euros to the engineer.
The purpose of this idea that in fact supports building engineers in times of crisis and absence of new construction, is that the state has a “clear picture about all public and commercial properties in the country.”
The certificate will have to be acquired by owners of home properties but also by those whose property is being used as: shop, pharmacy, hairdresser parlor, business office, bank, funeral homes, fitness center, dentist, clinic, laboratory.
Fines are juicy: they will start from 2,000 euro and might end up to 20,000 euros. If the engineer puts his stamp on a ‘false’ identity, he may have his license suspended.
Without the ID certificate, property owners will not be able to sell, to transfer or donate their property.
The point is that engineers will be mandatory involved in any property transaction – and in a social-minded state, they will also secure a small, medium, or large extra, now that the construction market in Greece has died.
What is interesting in the Eleftheros Typos report that has been copy-pasted and spread over all the internet, I read not a single sentence about what this Property ID Certificate is exactly about.
OK, I surfed the internet to find some Property ID posts, mostly British and Irish and yet i did not understand the issue. I read something like “Property identification involves labeling inventory and company assets” and “identification tags” and “ID labels to prevent theft and streamline processes.
So I practically have no idea what the Property ID is and will be. However I am practically convinced that the government will dig around the world, in the last village of Central Africa, Alaska or Mongolia to find out if there is any law or regulation that strips citizens of their last euro, yen, dinar, dollar. And so did all the governments since 2010.
By the way: the Energy Performance Certificate was introduced in Greece for every rental transaction in July 2011 and for every sell transaction in January 2012. The cost depends on the square meters of the property involved, it could be some 300 euro for a 120 sqm apartment.
The EPC cost came in addition to the Unified Property Tax (ENFIA) that was introduced more or less in the same time and cost the owner of a 10-year-old property of 120sqm in an average middle class suburb in Athens some 600-700 euro per calendar year. From 2011-2015, the ENFIA was some 200-300 euro higher. ENFIA is paid also for properties bringing no profit (first residence) and in addition to the Property Tax paid to Municipality every month.
I suppose, the next brilliant idea to burden Greece’s property owners will be something like a special tax to windows, balcony and inner doors.
PS Extra 400 euros? No problem! Oh wait! My euro-printing machine run out of ink…