Owning Property in Greece Without Residency – What You Need to Know

Yes. Greece allows non-EU citizens to buy property without needing a residence permit. Foreigners regularly invest in Greek real estate for holiday homes, rentals, or future relocation — with no legal requirement to live in the country.


🛂 Who Can Buy Property Without Residency?

  • Non-EU nationals with valid passports

  • EU citizens

  • Individuals, companies, or trusts

However, if you plan to stay long-term or apply for tax residency, you may still need a visa or residence permit.


📋 Requirements to Buy Property

  1. Greek Tax Number (AFM): Required for any property transaction

  2. Greek Bank Account: Needed to transfer funds for the purchase

  3. Notary Public & Lawyer: A local notary finalizes the sale contract; a lawyer ensures legal compliance

  4. Land Registry Registration: Property must be registered at the local Ktimatologio (Land Registry)

  5. Proof of Funds: Must comply with anti-money laundering regulations


📍 Are There Location Restrictions?

Yes, special rules may apply in border areas or strategic zones, where non-EU buyers need additional approvals from the Ministry of Defense. These include parts of:

  • Dodecanese Islands

  • Northern Aegean

  • Certain mainland border regions


💰 Do You Need Residency to Get the Golden Visa?

No — in fact, buying property worth €250,000+ makes you eligible for residency through the Greek Golden Visa program. But this is optional, not required for property ownership itself.


🏘 Common Reasons to Buy Without Residency

  • Vacation home or second residence

  • Rental income or investment property

  • Future relocation planning

  • Holding EU real estate assets for diversification


⚖️ How Borderless Lawyers Can Help

📑 Secure your Greek Tax Number (AFM)
🏦 Open your Greek bank account
🏛 Draft and review all property contracts
📍 Navigate strategic-area approvals if applicable
🛡 Handle the entire purchase remotely via Power of Attorney


📞 Want to Own Greek Property Without Moving?

Enjoy the Mediterranean lifestyle on your terms — no residence permit required.

💬 Contact Borderless Lawyers today to buy property in Greece safely and legally — even from abroad.

✉️ Whether you’re investing or dreaming of sun-filled escapes, we’ll handle the legal side for you.

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