Greece Property

From the ancient splendor of Athens to the iconic white-washed islands of the Aegean, Greece offers an extraordinary range of luxury property opportunities. Benefit from the Golden Visa program, Mediterranean climate, and one of Europe's fastest-growing luxury real estate markets.

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Explore luxury villas, island retreats, Athens apartments, and coastal estates across Greece's most desirable locations.

Featured Greece Listings

Premium properties in Athens, Mykonos, Santorini, Crete, the Peloponnese, and other prime Greek destinations.

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Golden Visa Program
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Island & Mainland
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Mediterranean Climate

Island Luxury Villas

Iconic Cycladic villas on Mykonos, Santorini, and Paros with infinity pools, Aegean panoramas, and the architectural charm that defines Greek island living.

Athens Urban Properties

Renovated neoclassical apartments and modern penthouses in Athens' premier neighborhoods: Kolonaki, Plaka, Kifisia, and the Athens Riviera along the southern coast.

Coastal Mainland Estates

Beachfront properties in the Peloponnese, Halkidiki, and the Ionian coast offering mainland accessibility, large plots, and exceptional value compared to island markets.

Crete & Rhodes Retreats

Year-round living on Greece's largest islands, combining rich history, diverse landscapes from mountains to beaches, and growing international communities with excellent infrastructure.

Why Buy Property in Greece

Greece represents one of the Mediterranean's most compelling property markets, combining legendary beauty with increasingly sophisticated infrastructure and a welcoming investment framework. The Greek Golden Visa program offers residency permits for property investments starting at €250,000 in designated areas (with higher thresholds in prime zones like Athens and the islands), attracting buyers from across the globe. Athens has undergone a remarkable urban renaissance, with the Stavros Niarchos Foundation Cultural Center, Ellinikon development (Europe's largest urban regeneration project), and the Athens Riviera transforming the capital into a modern Mediterranean hub. Meanwhile, the Greek islands remain unmatched for their combination of natural beauty, cultural heritage, and luxury tourism infrastructure. Property prices, while recovering strongly from their 2010s lows, still offer value relative to comparable Mediterranean destinations in France, Italy, and Spain. With 300+ days of sunshine, world-renowned cuisine, and a rich cultural scene, Greece offers not just an investment but a lifestyle that has captivated humanity for millennia.

Investment Advantages in Greece

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Golden Visa Residency

Greece's Golden Visa program grants five-year renewable residency permits for property investments, with visa-free Schengen travel and a pathway to permanent residency, attracting investors from China, the Middle East, and beyond.

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Market Recovery Momentum

Greek property prices have been recovering from crisis-era lows, with Athens and the islands showing double-digit annual gains while still remaining below peak pre-crisis valuations, suggesting continued upside.

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Tourism Powerhouse

Greece welcomes over 30 million tourists annually, providing enormous short-term rental demand particularly on the islands and in Athens, enabling strong seasonal income for property investors.

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Greece Real Estate Market

Greece Property Market Trends

Property Prices in Greece

  • Athens T2 Apartment: €200,000 - €500,000
  • Island Villa (3-Bed): €500,000 - €2,000,000
  • Mykonos/Santorini Villa: €1,500,000 - €8,000,000+
  • Mainland Coastal Estate: €300,000 - €1,500,000

Rental Prices in Greece

  • Athens T2 Apartment: €800 - €1,800/month
  • Island Villa Weekly (Peak): €3,000 - €15,000/week
  • Mykonos Villa Weekly: €8,000 - €30,000+/week
  • Mainland Coastal Monthly: €1,000 - €3,000/month

How to Buy Property in Greece

1. Location & Purpose Decision

Determine whether you seek a permanent residence, holiday home, rental investment, or Golden Visa qualification, as each objective points to different locations and property types across Greece.

2. Legal Preparation

Obtain a Greek AFM (tax identification number), open a Greek bank account, and engage a local lawyer. Non-EU citizens should also confirm any specific purchasing restrictions that may apply to border regions.

3. Property Due Diligence

Your lawyer conducts title searches at the local Land Registry or Cadastre, verifies building permits and property tax (ENFIA) compliance, and confirms no outstanding mortgages or encumbrances exist.

4. Contract & Registration

Sign the notarial purchase contract (symvolaio), pay the transfer tax (currently 3.09%), and register the deed at the Cadastre or Land Registry. For Golden Visa applicants, file the residency application immediately after registration.

Why Invest in Greek Property

Golden Visa Gateway

Greece's Golden Visa is one of Europe's most attractive residency-by-investment programs, offering Schengen access, family inclusion, and no minimum stay requirements, with property investment thresholds remaining competitive.

Ellinikon & Athens Transformation

The Ellinikon project, converting the former Athens airport into Europe's largest coastal park, marina, and mixed-use development, is set to redefine the Athens Riviera and drive surrounding property values.

Island Premium Resilience

Mykonos and Santorini command some of the Mediterranean's highest seasonal rental rates, with luxury villas achieving six-figure summer season income, demonstrating the islands' enduring global appeal.

Relative Value Proposition

Despite strong recovery, Greek property prices remain 20-40% below comparable locations on the French Riviera, Amalfi Coast, or Balearic Islands, offering a value entry point into the Mediterranean luxury segment.

Frequently Asked Questions About Buying Property in Greece

How does the Greek Golden Visa program work?

The Greek Golden Visa grants a five-year renewable residency permit to non-EU citizens who invest in Greek real estate. The minimum investment threshold varies by location: certain prime areas like central Athens, Mykonos, and Santorini require €500,000 or more, while other regions qualify at €250,000. The visa covers the investor, spouse, and dependent children under 21. There is no minimum stay requirement to maintain the permit, and after seven years of residency, applicants may be eligible for Greek (and therefore EU) citizenship. The program has been one of Europe's most popular, particularly with Chinese, Middle Eastern, and American investors.

Can foreigners buy property on Greek islands?

Yes, EU citizens can purchase property anywhere in Greece without restrictions. Non-EU citizens can also buy property on most islands, but there are additional requirements for properties in designated border regions (some Aegean islands near Turkey). In these areas, non-EU buyers may need permission from the local Decentralized Administration authority, which is generally granted for residential purchases but can add several weeks to the process. Your Greek lawyer will advise on any specific restrictions that apply to your chosen location and nationality.

What are the purchase costs and taxes when buying in Greece?

The primary purchase costs include a 3.09% transfer tax on the purchase price (or 24% VAT for new-build properties from developers, though exemptions may apply), notary fees of approximately 1-1.5%, lawyer fees of 1-2%, and Land Registry or Cadastre registration fees of approximately 0.5%. Annual property ownership costs include ENFIA (a unified property tax based on property characteristics and location) and regular income tax on any rental earnings. For a property purchased at €500,000, total acquisition costs beyond the purchase price typically amount to €25,000-35,000.

What are the best areas in Greece for property investment?

For capital appreciation, the Athens Riviera (Glyfada, Vouliagmeni, Vari) and areas near the Ellinikon development offer strong upside. For rental income, Mykonos and Santorini lead with the Mediterranean's highest seasonal rates, though entry prices are steep. Crete offers year-round rental potential with a longer season than most islands. Paros and Naxos represent emerging island markets with growing luxury tourism at more accessible price points. The Peloponnese (particularly Porto Heli and Costa Navarino area) is gaining recognition as Greece's mainland luxury destination. Each market has distinct dynamics, and the best choice depends on your investment objectives and time horizon.

Is it possible to get a mortgage for Greek property as a foreigner?

Yes, several Greek banks offer mortgages to foreign nationals, though terms are typically less favorable than for Greek residents. Foreign buyers can generally obtain financing for 50-70% of the property value, with interest rates slightly above those offered to residents. Loan terms of 15-25 years are common. Required documentation includes proof of income, tax returns from your country of residence, employment or business verification, and a clean credit history. Some international banks with Greek operations may also offer cross-border mortgage products. Many Golden Visa investors choose to purchase outright, but financing options exist for those who prefer to leverage their investment.

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