ENFIA 2025: Key Dates and What Property Owners Need to Watch Out For

The countdown to the issuance of ENFIA statements for the year 2025 has already begun, and property owners are urged to be particularly cautious in order to avoid paying taxes they are not liable for.

The AADE platform will remain open until Friday, January 31, 2025, for submitting declarations regarding changes to property status for the year 2024. Additions, corrections, and deletions can be declared on the E9 form on this platform to record changes in taxpayers' property status, which may affect the calculation of ENFIA for 2025.

With the activation of the new electronic portal, taxpayers will be able to declare changes that occurred in their property status during 2024. Specifically, those who acquired property through purchase, parental donation, or inheritance, or sold or transferred properties to their children or grandchildren, must submit the corresponding changes on the E9 form by the end of January 2025.

Deadline until February 14, 2025, for a Discount of up to 20% on ENFIA

Simultaneously, taxpayers have until February 14, 2025, to complete the necessary actions on the digital platform myProperty in order to secure a discount of up to 20% on this year's ENFIA bill. The discount applies to residences insured against natural disasters, such as earthquakes, fires, and floods, in 2024, and is valid for those meeting the relevant criteria.

ENFIA for 2025 will be paid in 12 monthly installments, with the first payment due at the end of March 2025. The collection of ENFIA will begin earlier than ever, as the tax amount will be posted on the taxpayers' platform on February 28, 2025, the same day the last installment of ENFIA for 2024 is paid.

Despite the advance posting of the ENFIA bill, taxpayers will be able to settle the tax amount in 12 installments, an improvement over the 11 installments of previous years.

As for changes to ENFIA for 2025, the tax landscape remains nearly unchanged for the majority of property owners. However, taxpayers who acquired property by the end of 2024, whether through purchase, parental donation, or inheritance, are expected to see an increase in their tax amount due to changes in their property status. Conversely, those who sold or transferred properties to their children or grandchildren will see a reduction in their ENFIA amount.

Additionally, it is estimated that about 1 million taxpayers will benefit from discounts of up to 50% or complete exemption from ENFIA based on specific income and property criteria. Property owners whose properties were damaged by natural disasters, such as fires, floods, or earthquakes, will also be entitled to a tax exemption.

How Changes to the E9 Form will be Made

To submit the E9 declaration, taxpayers must follow these 10 steps on the "Periousiologio" application of myAADE:

1. Select the year for which you wish to submit the E9 declaration. From the available actions on the homepage, choose "Create E9 Declaration" to make the necessary modifications to your property status.
2. Add, modify, or delete properties in tables 1 (buildings and plots) and 2 (land).
3. If adding a new property, complete all required fields regarding the property's descriptive information, such as square meters, type of real right, co-ownership percentage, etc. Additionally, geographically locate the property using the option of region, municipal unit, and street block or by using the Objective Determination of Property Value map.
4. If modifying a property, update only the information that requires changes.
5. Since 2013, when finally submitting the E9 declaration, the recording of the electricity supply number is required for buildings for which you have full ownership or usufruct.
6. Since 2014, depending on the cause of the change (e.g., purchase, sale, parental donation), complete the necessary fields, such as contract details (number and date), notary’s VAT number, or inheritance details, if applicable.
7. During the final submission of the E9, you may be asked to correct certain properties due to missing details.
8. All actions are temporarily saved so you can review and modify them later.
9. Once you have completed the modifications, review your property status via the preview option.
10. Finally, choose the final submission of the E9 declaration and, if desired, transfer it to the following year.

Taxpayers should be aware that:

• In cases where the real estate transfer tax declaration is submitted digitally through the "myPROPERTY" application, a property data declaration (E9) is automatically generated in the Integrated Property Registration Information System (O.P.S.), recording changes in the real estate of the parties involved.
• When the parental donation and gift tax declarations are submitted digitally through the same application and involve contracts transferring an ownership percentage less than or equal to 100% full, bare or usufructuary rights from a donor/parent to one or more donees/children, a property data declaration (E9) is automatically generated with the corresponding changes in the real estate of the parties involved.

With these procedures, taxpayers can timely and accurately update their property profile, ensuring the correct calculation of ENFIA and avoiding potential penalties or calculation errors.

Winners and Losers of ENFIA 2025

The winners of ENFIA for 2025 will be homeowners with taxable property values up to 500,000 euros, which are insured against earthquakes, fires, and floods. For these owners, the ENFIA discount will double to 20% from this year's 10%.

Conversely, there will be no changes in the statements for homeowners with values over 500,000 euros. For them, the discount will remain at 10%.

Conditions for the Tax Discount

To benefit from the tax discount, owners of insured residences must meet the following conditions:

1. Risk coverage: The insurance of the residence should cover earthquakes, fires, and floods. The absence of any of these coverages results in forfeiture of the discount.
2. Duration of insurance: The insurance must concern the previous year and have a duration of at least three months. If the duration is less than a year, the discount is calculated proportionally.
3. Minimum coverage: If the insurance is valid for less than 90 days within the year, no discount is provided.
4. Calculation of the discount: The discount applies to the total amount of the primary and supplementary tax concerning the property.
5. Coverage value: The insurance must cover the full value of the property, as determined by the reconstruction value of the building(s), excluding the value of the plot.

Losers of ENFIA 2025

Taxpayers who will find higher ENFIA statements for 2025 include:

• Those who acquired properties through purchase, parental donation, gift, or inheritance. Especially property owners with values over 400,000 euros will face additional taxes.
• Those who acquired substantial rights to properties, such as full or bare ownership or usufruct.