What Is the Objective Value (Αντικειμενική Αξία)?

The objective value is the value the state assigns to a property using objective criteria — mainly the area's zone price (τιμή ζώνης). It is the basis for the transfer tax, the ENFIA property tax and other taxes.

Last updated: June 2026

How it is derived

The objective value is not the market price. It is computed with a formula combining:

• the zone price (€/m²) of the area where the property is located,
• the surface area (m²),
• coefficients such as age, floor, frontage, commerciality of the street, etc.

Where to find it

Zone prices are publicly available on the Ministry of Finance's official objective-value map:

valuemaps.gov.gr — locate the address on the map to see the area's zone price (€/m²).

The objective value of a specific property also appears on the E9 / ENFIA statement in myAADE.

Objective vs market value

In many areas the market (actual) value is higher than the objective value. In those cases the contract price becomes the taxable base, as it is the higher of the two.

Indicative information — not legal or tax advice. See our privacy policy. Greek source: Ελληνικά.