Greece is moving forward with a major housing policy response as
Greece is moving forward with a major housing policy response as the country grapples with a deepening housing crisis linked to demographic pressures and rising living costs. Policymakers and academics have highlighted that limited access to affordable housing is increasingly affecting family formation, while longer life expectancy is reshaping housing demand.
€7 Billion National Housing Strategy
At the center of the government’s response is a new national housing strategy that brings together more than 45 separate programs across different ministries. The total budget reaches approximately €7 billion, with the aim of expanding available housing stock and easing financial pressure on households.
Officials say the strategy is designed to coordinate fragmented housing measures under a unified framework, improving efficiency and access for citizens.
Renovation Subsidies Up to €36,000
From May, a new home renovation programs will be launched offering subsidies of up to €36,000 per apartment. The funding is intended to support energy upgrades and structural improvements, with the goal of bringing at least 20,000 homes back into use.
By renovating and reintroducing vacant properties into the market, authorities hope to increase housing supply and improve affordability.
Digital Platform for Housing Support
A central element of the
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