Real Estate in Greece

🇬🇷 Why Greece Is One of the Best Destinations for Buying Property in Europe?

Greece is a country where you can combine seaside living, investment opportunities, and a European standard of comfort. It offers a unique atmosphere — 300 sunny days a year, delicious food, safety, and a warm attitude toward foreigners. Real estate in Greece is in high demand among both investors and those looking for a second home by the sea or a way to obtain a residence permit through property ownership.

The country’s area is 132,000 km², population — about 10.4 million, and the capital is Athens. Greece is part of the EU and Schengen Zone, and the official currency is the euro (€). After the economic crises of the 2000s, the economy has stabilized and continues to grow: GDP exceeds €250 billion, and annual tourist arrivals reach 33 million, which directly boosts rental property income.

With over 13,000 km of coastline and 6,000 islands, Greece offers endless choices — from lively resorts to peaceful seaside villages.

☀️ What Makes Greece Special for Living and Investing

Greece offers a perfect balance between quality of life, investment potential, and affordability.
 Property prices per square meter remain lower than in Spain, Italy, or Portugal, making Greece one of Europe’s most promising markets.

Why buyers choose Greek real estate:

• Accessible residence permit program starting from €250,000;
• Ability to complete the entire transaction remotely;
• Rental income up to 10% annually during the tourist season;
• Property value growth of 5–8% per year in tourist areas;
• Opportunity for short-term rentals (Airbnb, Booking);
• Warm climate, low cost of living, and affordable healthcare.

Greece is suitable for all types of buyers — investors, families with children, digital nomads, retirees, and anyone seeking to live near the sea while maintaining access to European benefits.

💡 Advantages of Buying Property in Greece for Foreigners

Greek law is very friendly to foreign investors. Foreigners can purchase property in full ownership without being residents.

Key advantages:

• Legal opportunity to obtain a residence permit immediately after purchasing property;
• Transactions supervised by a notary;
• Option to buy property in installments directly from developers;
• Low property transfer tax — only about 3% (one of the lowest in the EU);
• Annual property tax (ENFIA) — about 0.1–1% of cadastral value;
• No hidden fees or currency restrictions.

Foreign buyers often obtain mortgages from Greek or European banks — with rates from 3.5–4.2%, loan terms up to 20 years, and a down payment of 30–40%.

📈 Why the Greek Real Estate Market Is Growing

After the 2008–2015 crisis, Greece has undergone a strong recovery. Construction, tourism, and foreign investment are key growth drivers.

• - Prices have risen by over 35% in the past five years;
• - Rental rates in Athens increased by 20% over the last two years;
• - Tourist arrivals exceeded 30 million in 2024, setting new records;
• - On the islands, short-term rentals reach up to 90% occupancy in summer.

The government supports construction through various programs, improving new-build quality. Greece is also investing in smart cities (Athens, Thessaloniki), transportation, and digital infrastructure — all contributing to long-term market appeal.

📍 Where to Buy Property in Greece

Athens — the capital and business hub. Ideal for rental investments: from €180,000, with yields of 6–8% annually. Popular areas include Glyfada, Voula, Paleo Faliro, and Nea Smyrni.
Thessaloniki — the second-largest city with strong demand for student and family housing. Apartments from €150,000, with stable year-round rentals.
Crete — the largest island and leader in foreign property sales. Seaside villas from €350,000, apartments from €180,000. High tourist flow and a long rental season.
Rhodes — mild climate and a 9-month tourist season. Apartments from €160,000, villas from €300,000. Great for short-term rental investments.
Peloponnese — mainland region with quiet beaches and coastal towns. Houses from €200,000, rental yield 6–8% annually.
Santorini and Mykonos — premium islands with some of Europe’s highest rental returns (up to 12%). Prices from €400,000, but liquidity and appreciation offset the costs.
Corfu and Zakynthos — lush green islands with a European lifestyle, popular with buyers from Italy and Germany. Apartments from €250,000, villas from €600,000.

🏖️ Climate, Lifestyle, and Cost of Living

Greece is known for its mild climate, clean environment, and exceptional cuisine. With over 300 sunny days a year, warm seas from May to October, and a relaxed pace of life, it’s ideal for permanent residence. The cost of living is 25–30% lower than in Spain or France. Average utility bills — €100–120/month, coffee — €2, lunch — €10–12.
Healthcare is excellent, with both private and public insurance options. Greece is also a hotspot for digital nomads — a special Digital Nomad Visa allows remote workers to live and work in the country for up to 2 years, with the possibility of extension.

🏠 Golden Visa Residence Permit Program Through Real Estate Investment in Greece

The Golden Visa is one of Europe’s most popular residency programs.

Main terms:

• - Investment from €250,000 (in Athens, Thessaloniki, Santorini, and Mykonos — from €500,000);
• - 5-year residence permit, renewable as long as ownership is maintained;
• - Family inclusion (spouse, children under 21, parents);
• - No requirement for permanent residence in the country.

After 7 years of residence, you can apply for Greek citizenship.
Golden Visa holders can freely travel within the Schengen Zone.

🎯 We Help With All Real Estate Purchase Goals in Greece

We work with trusted agencies, lawyers, and developers across Greece to find properties that match your goals:

• - Investment properties with rental income;
• - Homes for residence or relocation;
• - Seaside villas for personal use or rental;
• - Apartments in Athens and on the islands;
• - Income-generating and hotel projects.

We explain the buying process, taxes, required documents, and residence permit options.

📝 How the Property Purchase Process Works in Greece

We manage transactions together with our local partners — agencies and lawyers in Greece.

1. Define goals and budget.
2. Select suitable properties and arrange online viewings.
3. Partners open a tax number (AFM) and a bank account.
4. Documents are verified and the contract is signed before a notary.
5. Ownership is registered and the residence permit is issued.

The process is transparent, monitored by a notary, and the seller pays the commission. Buyers receive full support through our platform free of charge.

🤝 Why Buying Property in Greece Through Us Is Beneficial

We know the market and specifics of each location, work only with verified partners, and offer solutions for any goal. We help you find the right seaside property, calculate returns, and obtain a residence permit through property purchase.

We guide clients from consultation to ownership registration, ensuring a smooth, transparent, and safe process. All platform services are free — you pay the same price as when buying directly from an agency but gain expert support and ready-made solutions.