Landlord compensation speeding up

Landlord compensation speeding up

The compensation process for landlords who suffered revenue losses due to the forced reduction of rents in April is being accelerated.

Finance Minister Christos Staikouras said the compensation will be disbursed just as it was for March’s losses, through advance payments by end-May, with owners asked to declare afterward their lost revenues via the online Covid rent statements on Taxisnet.

Those who receive the money but don’t submit a declaration of losses will then have to return the cash received. This concerns 200,000 landlords who received no rent at all and another 600,000 who received just 60% of their monthly rent.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.