AADE: Apartments, warehouses and land under the hammer from 975 euros

Properties from €975 up to multi-story building complexes valued at millions of euros are being auctioned off by the Tax Authority, launching yesterday a heavy program of forced liquidation of assets. These are properties seized due to unpaid debts and now auctioned through the platform eauction.gr, as their owners failed to settle their debts.

The first lists reveal the extent of the pressure: plots from €13,200, warehouses starting at just €975, apartments with opening bids under €80,000, as well as industrial properties or building plots at bargain prices. AADE’s aim is to force debtors either to settle their debts immediately or see their assets change hands.

The auction program concerns properties seized because their owners did not settle overdue debts. According to the latest data, online auctions have already been scheduled for:

– Apartments in Attica and Thessaloniki with starting prices from €80,000 to €250,000
– Warehouses and auxiliary spaces from €975 to €7,210
– Commercial properties such as shops or industrial spaces from €40,000
– Fully regulated plots up to €3.2 million (with frontage on avenues and development potential)
– Farmland in Trikala, Chania, Thessaloniki, and Boeotia, up to 29 acres in size, priced from €7,100 to €1,488,500

September 24, 2025: First wave in Thessaloniki, Livadeia, and Ilioupoli

The first batch includes small apartments, shops, and warehouses:

In Thessaloniki, in the area of Gallika Parapigmata (Monastiriou Street), apartments of 38–43 sq.m. in a refugee-type block of flats are auctioned with prices from €75,500 to €82,000, as well as a 38.9 sq.m. warehouse for just €11,000.

In Ilioupoli, a 21.2 sq.m. shop is