🏛️ Why Buy Property in Patras?
Patras is the gateway to western Greece, home to a vibrant student population, growing infrastructure, and a busy port that links the Ionian Islands and Italy. It’s ideal for long-term rentals, student housing, or affordable city living.
🌍 Can Foreigners Buy in Patras?
Yes — both EU and non-EU nationals can purchase real estate in Patras. There are no military zone restrictions in this area, so non-EU citizens face no additional hurdles beyond standard due diligence.
📜 Step-by-Step Legal Process
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Obtain a Greek Tax ID (AFM)
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Appoint a Greek Real Estate Lawyer
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Conduct Legal Due Diligence
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Sign the Pre-Contract (if applicable)
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Execute Final Purchase Contract via Notary
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Register Title at the Land Registry & Cadastre
💶 Market Prices (2025 Range)
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City Center Apartments: €1,200–€1,800/m²
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Suburban Houses: €1,000–€1,500/m²
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Renovation Projects: €500–€900/m²
Prices remain attractive compared to Athens and Thessaloniki, with solid rental demand due to the University of Patras and ferry traffic.
🏘️ Best Neighborhoods in Patras
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Psila Alonia & Agiou Nikolaou: Central, lively, good for short-term rentals
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Rio: University hub, ideal for student housing investments
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Zarouchleika: Local vibe, affordable pricing, strong rental demand
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Bozaitika & Kastellokampos: Suburban comfort, close to the sea
🛂 Golden Visa Eligibility
Patras qualifies under the €250,000 property investment threshold for the Greek Golden Visa. Investors may also purchase multiple smaller properties to meet this amount.
⚠️ Legal Pitfalls to Avoid
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Failing to verify ownership and debts
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Not checking zoning and usage rights
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Skipping lawyer review of the contract
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Assuming all properties qualify for Golden Visa
📈 Investment Snapshot
Rental yields in Patras range from 3% to 6%, with demand driven by students, expats, and ferry transit workers. The city also attracts digital nomads seeking low-cost, coastal urban life.
💼 Need Legal Support in Patras?
Whether you’re investing in student housing, short-term rentals, or a personal home — our bilingual legal team helps you purchase confidently and securely.
💬 Contact BorderlessLawyers.com
We provide full legal services for property purchases in Patras. Transparent pricing, expert advice, and multilingual support — wherever you’re based.