Entry points, the buying process, transfer tax, the golden visa and tourist rental.
Greece offers wide regional choice — from Athens and the islands to mainland cities — with an active holiday-rental market and an investor residency route. This guide covers the process, costs, taxes and the checks that protect a non-resident buyer.
Market overview and who it suits
Greece suits holiday-home buyers, golden-visa investors and those wanting island lifestyle or steadier Athens rental. Entry points are accessible in many areas, but title and planning history vary, so location-by-location due diligence matters.
The buying process, step by step
- Obtain a Greek tax number (AFM) and engage a lawyer.
- Sign a preliminary agreement and pay a deposit.
- The lawyer checks title at the Land Registry/Cadastre.
- Complete with a notarial deed and register the transfer.
Documents you will need
- Passport and AFM.
- Proof of funds (AML checks apply).
- Preliminary agreement and notarial deed.
Taxes and costs of buying
- Transfer tax on most resale, or VAT on qualifying new builds.
- Notary, registration and legal fees.
- Budget roughly 8–12% on top of the price overall.
Ongoing costs of ownership
Annual property tax (ENFIA), municipal charges, utilities and any building fees. Add management costs for remote or seasonal letting.
Financing and mortgages
Bank lending to non-residents is selective and conservative; many deals proceed on cash. Get a decision in principle early if you need finance.
Residency
Greece's golden visa grants residency for property investment above thresholds that depend on region and have risen in recent years. Rely on the rules in force at application; the authorities decide.
Rental and yield
Athens offers steadier long-term rental; islands are highly seasonal. Assess occupancy by the specific location, not the country average, and check short-term licensing.
Risks and due diligence
- Confirm title, planning legality and any building violations.
- Check the condition of older properties and shared-ownership issues.
- Verify short-term rental rules where you plan holiday lets.
FAQ
Can foreigners buy in Greece? Yes; some border-area land needs special approval. Does buying give residency? Only via the golden visa above thresholds. Can I complete remotely? Yes, by power of attorney.
How we help
We engage licensed Greek lawyers, shortlist to your goal — including golden-visa eligibility — and coordinate the deal. Informational only — not legal or tax advice; yields and programme rules change.