Under the 2012 fiscal consolidation act, the tax was paid by the owners of real estate whose combined value was at least EUR 1m on 1 June 2012.

The tax was based on the market value as calculated by the Surveying Administration, with the tax rate set at 0.5% of the property's value.

While it was introduced last year, the tax will be collected also in 2013 and 2014.

However, under the 2013-2014 budget implementation act, it will be paid by those whose property is valued at EUR 500,000 or more.

DURS said some 5,100 tax payers would be eligible to pay the tax this year.

The new government has recently announced the introduction of a new real estate tax as of 2014, but the Finance Ministry said it could not provide any details until the government decided on a specific solution.