Buying Property in Thessaloniki: Legal Guide for Foreigners

🌍 Why Invest in Thessaloniki?

  • Booming real estate market with competitive prices

  • Tourism and student population boost rental yields

  • Easier access to the Balkans and Northern Europe

  • Eligible for Greece’s Golden Visa program


📝 Legal Steps to Buy Property in Thessaloniki

  1. Get a Greek Tax Number (AFM): Required to initiate any transaction

  2. Hire a Local Lawyer: Essential for legal due diligence and contracts

  3. Open a Greek Bank Account: For transferring property funds

  4. Conduct Legal Check: Verify title deed, zoning, encumbrances

  5. Sign Preliminary Agreement: With a deposit (~10%)

  6. Sign Final Contract Before Notary: With legal and tax compliance confirmed


💰 Fees and Property Taxes

  • Transfer Tax: 3% of the declared property value

  • Legal & Notary Fees: Around 2%–2.5%

  • ENFIA Property Tax: Annual fee based on square meters and zone


🧑‍⚖️ Borderless Lawyers: Your Legal Partner

  • Perform all due diligence and title verification

  • Manage negotiations, contract drafting, and permits

  • Ensure tax and regulatory compliance throughout the purchase


📣 Make Your Thessaloniki Property Purchase Legally Sound

Avoid surprises. Invest confidently with expert legal help.

Let Borderless Lawyers handle your entire property transaction in Thessaloniki.

error: Content is protected !!