Buying Property in Athens: Legal Guide for Expats

🌆 Why Buy Property in Athens?

• Affordable prices compared to other EU capitals

• High rental demand from students and tourists

• Residency opportunities through the Golden Visa

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📜 Legal Steps for Foreign Buyers

1. Tax Identification Number (AFM): Required for all transactions

2. Open a Greek Bank Account: For payments and tax obligations

3. Due Diligence: Legal checks on title deeds, zoning, and liabilities

4. Preliminary Agreement & Deposit: Typically 10% down payment

5. Final Contract: Signed before a notary with a lawyer present

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💰 Taxes and Fees

• Transfer Tax: 3% of property value

• Notary & Lawyer Fees: ~2%–2.5% combined

• Annual ENFIA Tax: Based on property value

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🧑‍⚖️ Why You Need a Lawyer

• Verifies clean title and land registry

• Ensures zoning compliance and permit validity

• Manages all paperwork and tax filings

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📣 Make Your Athens Property Investment Secure

Buying in Athens can be rewarding, but only with proper legal guidance.

Connect with Borderless Lawyers for expert support from contract to keys.