🇬🇷 Can Foreigners Buy Property in Greece?
Yes, foreigners—including non-EU citizens—can legally buy property in Greece. However, the process includes important legal checks, documentation, and in some regions, additional permissions.
📋 Step-by-Step Guide to Buying Property in Greece
1️⃣ Find a Property
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🏠 Work with a reputable real estate agent
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📸 View listings in person or virtually
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🗺️ Focus on locations that suit lifestyle and investment goals
2️⃣ Hire a Greek Lawyer
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⚖️ Essential for due diligence
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🔍 Check legal title, zoning, debts, and permits
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🧾 Ensure the property is eligible for a Golden Visa (if applicable)
3️⃣ Obtain a Tax Number (AFM)
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🆔 Required for all property transactions
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📂 Your lawyer or accountant can help you register
4️⃣ Open a Greek Bank Account
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🏦 Necessary for transferring funds and paying taxes
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💳 Required by Greek financial regulations
5️⃣ Sign a Pre-Contract
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✍️ Outlines terms, deposit (typically 10%), and timeline
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📄 Legally binding after both parties sign
6️⃣ Conduct Final Legal Checks
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🏛️ Title clearance
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🧾 No unpaid taxes or ownership disputes
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🧱 Urban planning compliance
7️⃣ Sign the Final Sale Contract
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🖋️ Signed before a notary
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💰 Balance of payment completed
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🗝️ You receive keys and official ownership
💸 Costs & Fees to Consider
| Expense | Approximate Range |
|---|---|
| Property Transfer Tax | 3% |
| Legal Fees | 1–2% of property value |
| Notary + Registry Fees | 1–1.5% |
| Real Estate Agent Fees | ~2% |
| Misc. Costs (translations, bank, etc.) | €500–€2,000 |
🚧 Special Restrictions for Non-EU Buyers
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🛡️ Some border and island areas require Ministry of Defense approval
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🌍 Your lawyer will guide you through restricted zone procedures
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✅ EU citizens can purchase freely across the country
🛠️ How Borderless Lawyers Supports You
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🔎 Full property legal screening
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📑 Contract drafting and negotiations
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🏛️ AFM, bank account, and notary coordination
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📘 Golden Visa and investment strategy planning
📣 Ready to Buy in Greece with Confidence?
Don’t navigate the Greek property market alone. Whether you’re buying for lifestyle, income, or residency, the right legal partner makes all the difference.
Let Borderless Lawyers safeguard your property purchase and ensure full compliance with Greek law—from search to signing.