Buying Property in Greece: A Guide for International Buyers
For many international buyers, buying property in Greece is more than a financial decision; it’s the first step toward a Mediterranean lifestyle. With its historic cities, stunning islands, and investor-friendly policies, Greece has become one of the most attractive real estate markets in Europe.
Why Buy Property in Greece?
As we previously said, Greece offers a unique combination of lifestyle and investment value. From modern apartments in Athens to secluded island villas, the options are diverse. Beyond the beauty of the country, buyers benefit from competitive property prices compared to other European destinations, along with strong rental potential in tourist hotspots.
The Golden Visa Advantage
One of the most appealing aspects of buying property in Greece is the Golden Visa program. By purchasing real estate above a certain threshold, non-EU citizens can secure residency rights within Greece and visa-free travel across the Schengen Zone. This makes the program particularly attractive for families, business professionals, and retirees.
Key Steps for Foreign Buyers
If you’re considering investing in Greek real estate, here are the main steps:
- Get a Tax Number (AFM): Essential for any property transaction in Greece.
- Open a Greek Bank Account: Required for payments and tax purposes.
- Hire a Lawyer and Notary: They ensure the transaction is legally secure.
- Property Due Diligence: Checking title deeds, ownership, and building permits.
- Finalize the Purchase: Sign the contract and register the property.
Best Places to Buy Property in Greece
- Athens: A blend of history and modern living, with growing demand for luxury apartments.
- Santorini: Known for its iconic sunsets and high rental yields.
- Mykonos: A hotspot for nightlife, exclusivity, and high-end villas.
- Crete: A year-round destination offering larger estates at competitive prices.
- Corfu & Ionian Islands: Lush landscapes with Venetian charm.
👉 Browse our properties across Greece.
Things to Consider Before Buying
- Property Taxes: Annual ENFIA tax and transaction costs.
- Legal Restrictions: Some coastal or border areas may have ownership rules.
- Property Management: Especially important for those planning seasonal stays.
Conclusion
For foreigners, buying property in Greece it’s about joining a lifestyle rooted in beauty, culture, and opportunity. Whether it’s for investment, retirement, or holidays, Greece offers a welcoming and rewarding path to home ownership.