One million property owners in for a nasty ENFIA surprise

Around one million property owners are facing a significantly higher ENFIA bill this year, with the hike coming to as much as 100 percent depending on the location and features of a given property, as notifications started going out on Tuesday night.

The plumper bill for this year's Single Property Tax - known widely by its acronym - arises from an adjustment in property rates, which resulted in increases in 3,792 parts of the country, or 37 percent of the whole.

In the majority of cases, the ENFIA hike will range from 3 to 30 percent, but there are a few heart-stoppers out there, such as the notices going to property owners in the the downtown Athens area around Aeolou, Adrianou, Lysikratous and Vyronos streets. In this area, the zone price per square meter used for tax purposes (known as "objective value") has shot up to 3,050 euros from 1,750 euros last year....