Buying Property in Greece as a Foreigner – Legal Process & Tips

🏡 Can Foreigners Buy Property in Greece?

Yes! Non-EU citizens can purchase property in Greece with very few restrictions. Greece welcomes foreign investment in real estate, with options to obtain residency through property purchase.


🏛️ Legal Steps to Buy Property

  1. Choose your property and negotiate the price

  2. Hire a lawyer for due diligence (title search, liens, permits)

  3. Obtain a Greek tax number (AFM) if you don’t have one

  4. Open a Greek bank account for transactions

  5. Sign a preliminary contract and pay a deposit

  6. Complete the final sale contract before a notary

  7. Register the property with the Land Registry (Ktimatologio)

  8. Pay applicable taxes and fees


đź“‹ Required Documents

  • Valid passport

  • Tax identification number (AFM)

  • Proof of funds or financing

  • Residence permit (if applying for Golden Visa)

  • Property documents (provided by seller)

  • Power of attorney (if applicable)


đź’¶ Taxes & Fees for Buyers

  • Property Transfer Tax: 3.09% of property value

  • Notary fees: Approx. 1%–2% of sale price

  • Land Registry fees: 0.5%–1%

  • Legal fees: 1%–2% for lawyer services

  • Annual property tax (ENFIA): Based on location and size


🛂 Residency Options via Property Purchase

  • Golden Visa Program: Purchase property worth at least €250,000 to obtain 5-year residence permit

  • Investor Permit: For higher investment thresholds, with potential path to citizenship

  • Residency via work or self-employment remains available for owners planning business activities


⚠️ Common Pitfalls

  • Not verifying property ownership or debts

  • Skipping professional legal and tax advice

  • Ignoring local zoning or planning laws

  • Underestimating additional fees and taxes

  • Delays in registering the property properly


⚖️ How Borderless Lawyers Can Help

  • Conduct full legal due diligence

  • Handle all contracts and translations

  • Guide you through tax obligations

  • Assist with Golden Visa or investor residence applications

  • Represent you before Greek authorities and registries


📞 Ready to Buy Property in Greece?

Invest safely with trusted legal support by your side.

đź’¬ Contact Borderless Lawyers today to secure your Greek property purchase with confidence.

✉️ Your Greek property journey starts with the right legal partner.

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