You can easily find the answer to the question “Where can I see the objective value of my property?” — the Greek Ministry of Finance has provided an online tool for this purpose.
Specifically, you can check your property’s official value using the platform valuemaps.gov.gr.
Go to valuemaps.gov.gr
Enter the address of your property in the search box (top left)
Click on the map to display the zone value (Τιμή Ζώνης) for your property
Open the Objective Value Calculator by clicking the “€” icon (top right)
Under Property Category, select “Residence (E1)” — the “Starting Value (Zone Value)” will fill in automatically
Enter the following details:
B. Façade Coefficient
C. Floor and Commerciality Coefficients
Fill in the D. Surface Area (in sq.m.) — the E. Surface Coefficient will appear automatically
Tick the box if the exterior wall thickness is ≥ 0.50 m
In F. Age Coefficient, enter the year of construction — the property’s age will fill in automatically
Select any special conditions in G. Special Conditions Coefficients (e.g. damage, location factors)
Under H. Completion Coefficient, enter the S.A.O. (Building Factor) and completion status
In I. Construction Type Coefficient, select the construction method
Add any equipment features (e.g. heating, elevator) in J. Equipment Coefficient
If the property has multiple owners, adjust the K. Co-ownership Coefficient accordingly
Click “Export File” to save the results as a PDF or Excel file
The objective value is calculated by multiplying several coefficients and factors related to the property.
It depends on the following parameters:
Zone / Starting Value
Number of façades
Floor level
Street commerciality
Surface area of the main spaces
Exterior wall thickness
Year of construction
Construction materials (construction type coefficient)
Special conditions (e.g. natural disaster damage)
Building factor (S.A.O. / S.D.) and completion stage
Usable plot area
Total buildable area of the plot
Central heating and elevators
Co-ownership
Some coefficients required for the calculation (e.g. building factor, commerciality) may be difficult to locate.
Therefore, if you need to calculate the objective value for a property transfer or sale, it’s recommended to consult a notary public or real estate professional.
