Is property in Greece a good investment?
The upside, the risks, and the policy that makes Greece compelling for foreign buyers. The context to keep in mind before you commit.
Affordable, with real room to grow.
Following Greece's economic recovery, a rising industry and expanding tourism mean prime real estate remains reasonably affordable, while demand keeps building. Athens tourism has grown roughly 600% since 2013, and short-term rental revenue is up 105% since 2017.
The purchase process
Goals & objectives
Financial planning and an investor profile, a budget, cash-flow simulation, a work plan, and location recommendations suited to your needs.
Property tour in Athens
Document preparation, a detailed pre-flight presentation of projects, the tour schedule, and an introduction to the Athens office team.
Legal & bureaucracy
Meet the company's legal advisor, create a power of attorney, register a tax number, and open a Greek bank account.
Purchase
Financing review, a clear payment schedule, and signing the private or notarised purchase agreement.
Taxes & costs
- Property transfer tax
- 3.09%
- Registry tax
- 0.5%
- Notary fee
- 1.5%
- Lawyer fee
- 1%
- VAT
- 24%
- Capital gains tax
- 0%
- Company profit tax
- 22%
- Corporate dividend tax
- 5%
Government policy
Greece actively supports foreign investment, most notably through 0% capital gains tax on property and the Golden Visa Law, which grants residence permits and unrestricted entry to the Schengen region, with a path to citizenship after seven years.
Read the residency guideFind your position in the market.
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