In Greece, when most people refer to property taxes they mean a tax called ΕΝΦΙΑ in greek (another user already mentioned it) which is a different tax than the

In Greece, when most people refer to property taxes they mean a tax called ΕΝΦΙΑ in greek (another user already mentioned it) which is a different tax than the one you mention. ΕΝΦΙΑ is not restricted by property value (but is defined by it), meaning that even low valued properties have to pay (for houses it ranges from 2,50-16,25 €/sqm) and is a tax that was introduced at first as a "temporary" measure around 2011 or 2012 I think. The tax you mention above is a different tax that is indeed 0% for property up to €200K. Keep in mind the €200K limit is not per property but for all your properties combined.