Buying Property in Greece: A Complete Guide for International Buyers in 2026
Buying Property in Greece: A Complete Guide for International Buyers in 2026
Interest in Property in Greece continues to grow year after year. International buyers are increasingly drawn to the country not only for its lifestyle and climate, but also for its stability, long-term value, and residency opportunities. Yet for many overseas investors, the biggest question remains the same: How does buying property in Greece actually work?
This comprehensive guide explains the full process step by step, helping foreign buyers understand how to purchase Greek real estate safely, efficiently, and with confidence.
Why International Buyers Choose Property in Greece
Before diving into the process, it is important to understand why the Greek property market has become so attractive globally.
Buyers are no longer searching only for holiday homes. They are investing in lifestyle assets, relocation options, and long-term wealth preservation. Greece offers:
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Mediterranean climate and lifestyle
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Strong tourism and rental demand
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Growing infrastructure and accessibility
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Competitive pricing compared to Western Europe
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Residency opportunities through the Golden Visa
For these reasons, buying property in Greece has evolved from a niche decision into a mainstream international investment strategy.
Step 1: Define Your Buying Goals
Every successful property purchase begins with clarity. Buyers usually fall into one or more of the following categories:
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Lifestyle buyers seeking a holiday or retirement home
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Investors targeting rental income and appreciation
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Families planning relocation to Europe
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Buyers seeking residency through the Golden Visa programme
Understanding your objective determines the location, property type, and budget.
This early stage is where professional guidance becomes essential. Experienced agencies such as Greek Exclusive Properties help international clients match their goals with the right opportunities and avoid common mistakes.
Step 2: Choose the Right Location in Greece
Location plays a decisive role in Greek real estate. Demand varies significantly depending on accessibility, infrastructure, and international appeal.
Popular areas for property investment in Greece include:
Athens Riviera
Modern apartments and luxury seafront residences close to international schools and airports.
Crete
A large island offering year-round living, international flights, and strong rental demand.
Ionian Islands (Corfu, Lefkada, Zakynthos)
Green landscapes, crystal waters, and growing luxury villa markets.
Cyclades (Mykonos, Santorini, Paros)
Premium destinations with limited supply and strong global demand.
Each region offers different advantages depending on whether the buyer prioritises lifestyle, rental yield, or long-term appreciation.
Step 3: Obtain a Greek Tax Number (AFM)
All foreign buyers must obtain a Greek tax identification number, known as an AFM. This is required before any purchase can proceed.
The process is straightforward and can be completed through a lawyer or authorised representative. At the same time, buyers usually open a Greek bank account to facilitate the transaction.
This step marks the formal start of the buying property in Greece guide process.
Step 4: Appoint a Lawyer and Conduct Legal Checks
Legal due diligence is one of the most important stages when purchasing real estate in Greece.
A specialised property lawyer will:
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Verify ownership and title deeds
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Confirm the property is free of debts or claims
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Check building permits and planning compliance
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Ensure there are no legal restrictions
These checks protect buyers and ensure the property is legally transferable.
Working with experienced professionals recommended by Greek Exclusive Properties significantly reduces risk during this stage.
Step 5: Sign the Reservation Agreement
Once legal checks are complete and the buyer decides to proceed, a reservation agreement is typically signed.
This document:
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Secures the property
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Removes it from the market
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Defines key terms of the purchase
A small deposit is usually paid at this stage.
Step 6: Sign the Preliminary Contract
The next stage is the preliminary contract, which outlines the full terms of the sale.
At this point:
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The main deposit is paid
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The final purchase date is scheduled
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Both parties commit legally to the transaction
This stage confirms the buyer’s intention to proceed with the purchase.
Step 7: Final Contract and Property Transfer
The final purchase takes place before a notary public. This is the official transfer of ownership.
During this step:
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The remaining balance is paid
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The final contract is signed
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The property is registered in the Land Registry
Once registered, the buyer officially owns the property.
The full process typically takes 1–3 months depending on the complexity of the transaction.
Step 8: Understand the Costs of Buying Property in Greece
When budgeting for buying property in Greece, buyers should consider additional costs beyond the purchase price.
Typical costs include:
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Property transfer tax: ~3%
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Legal fees: 1–2%
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Notary fees: ~1%
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Land registry fees: ~0.5%
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Real estate agency fees
Overall, purchase costs usually total around 7–10% of the property price.
Step 9: The Greek Golden Visa Opportunity
One of the most important reasons international buyers invest in Greek property is the Golden Visa programme.
By purchasing property that meets the required investment threshold, non-EU buyers can obtain residency in Greece and visa-free travel within the Schengen Area.
This programme has significantly increased demand for:
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New developments
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Urban apartments
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Properties with rental potential
For many buyers, the Golden Visa is a key factor in their decision to purchase.
Step 10: Property Management and Rental Potential
Many owners choose to rent their properties when not using them. Greece’s strong tourism sector supports seasonal rental demand, particularly in island destinations.
Professional management companies can handle:
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Guest bookings
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Maintenance
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Property care
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Rental marketing
This makes property investment in Greece attractive even for buyers who live abroad.
Common Mistakes to Avoid
When following a buying property in Greece guide, avoiding common mistakes is essential.
Typical pitfalls include:
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Attempting to buy without legal representation
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Underestimating purchase costs
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Choosing location based only on price
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Ignoring long-term resale potential
Working with experienced specialists helps buyers navigate the process safely.
Why Work With Greek Exclusive Properties
Purchasing real estate in another country can feel complex, but the right guidance simplifies the journey.
Greek Exclusive Properties specialises in assisting international buyers through every stage of the process — from property selection to legal coordination and negotiation.
Their expertise helps buyers:
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Access premium listings and off-market opportunities
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Navigate legal procedures with confidence
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Secure properties that match investment goals
For overseas buyers, professional support turns the process into a structured and secure experience.
Final Thoughts: A Safe and Rewarding Journey
The process of buying property in Greece is straightforward when approached correctly. With professional guidance, legal protection, and clear objectives, international buyers can purchase Greek real estate with confidence.
Whether the goal is lifestyle, investment, or residency, Greece continues to offer one of Europe’s most compelling property markets.
For those considering the Mediterranean lifestyle, following a clear buying property in Greece guide is the first step toward owning a home in one of the world’s most desirable destinations.
You can also read here: https://sites.google.com/view/propertyingreece-5
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