Buying Property in Greece in 2026: Costs, Fees, and Step-by-Step Guide

Purchasing a property in Greece is becoming an increasingly popular choice for expats, retirees, and international investors looking for Mediterranean lifestyle, stability, and real estate opportunities. However, to ensure a smooth transaction, it is essential to understand the complete buying process, the additional costs involved, and the legal requirements before making a purchase.

The Property Buying Process in Greece

Buying property in Greece involves several key stages, from property selection to the final notarial deed. While the timeline can vary depending on documentation and responsiveness, knowing each step ensures a smooth and secure transaction.

Step 1: Property Research

At Roula Rouva | Forbes Global Properties, we guide clients at every step, both online and in person. International buyers can explore options through virtual consultations, high-resolution 3D walkthroughs, drone footage, and detailed video tours, allowing them to shortlist properties remotely. Once a shortlist is prepared, we arrange personalized viewings, combining online insights with on-site visits for a seamless experience.

Step 2: Property Viewings

Viewings in Greece are flexible and tailored to the buyer’s needs. We coordinate in-person and virtual tours to provide a thorough understanding of the property and its surroundings. This modern approach ensures clients can confidently evaluate multiple properties efficiently.

Step 3: Proposal and Pre-Contract

Proposal and Pre-Contract: Navigate the offer stage and pre-contract arrangements with confidence. Once a property is selected, your agent negotiates terms with the seller and prepares a Letter of Intent (LOI) or preliminary agreement. This non-binding document outlines the deal structure, protects the buyer’s interest, and allows time for legal due diligence.

Step 4: Legal Due Diligence

A Greek lawyer performs thorough due diligence, including title verification, checking for encumbrances or debts, and liaising with the notary and seller’s legal team. This step ensures the property is legally secure and ready for transfer.

Step 5: Formalities

Once due diligence is complete, several formal steps are required to finalize the purchase:

• Get a Taxpayer Number (AFM) – Required for all financial transactions in Greece.
• Open a local bank account – Necessary for payments and transaction processing.
• Conclude a purchase and sale agreement with the seller and pay for the property.
• Obtain the ownership certificate at the Land Registry – Confirms your legal ownership.

Greece allows international buyers to complete the entire process remotely. You can proceed directly or appoint a Power of Attorney (PoA) to handle the transaction through your lawyer.

Step 6: Closing – Final Mile

The final stage ensures a hassle-free and secure closing:

• Notary and Lawyer: The Notary Public, together with your lawyer, prepares the Sales Contract, collects documentation, and executes the transaction.
• Remote Signing: You can authorize a proxy to sign the contract, eliminating the need for physical presence.
• Hassle-Free Closing: Roula Rouva | Forbes Global Properties  manages all tasks, document collection, and coordination with all parties, providing real-time updates for a fast, risk-free closing.

Costs and Fees When Buying Property in Greece

It’s important to account for additional costs beyond the property price. These include notary fees, registration taxes, legal fees, and agent fees. Depending on location and service providers, total extra charges usually range between 9–10% of the property price.

Notary Fees

Notaries handle contract preparation, document verification, and registration with the Land Registry. Fees depend on the complexity of the property and its location.

Registration Fees

The Land Registry charges a fee for registering ownership and confirming the transfer of property rights.

Property Transfer Tax

Newly constructed properties are subject to value-added tax, while other properties carry a property transfer tax along with a municipal component.

Legal Fees

Lawyers provide essential services, including reviewing property titles, preparing contracts, performing due diligence, and coordinating with notaries and sellers. Fees vary depending on the scope of work and property type.

Real Estate Agent Fees

Real estate agents assist in property selection, negotiations, and finalizing the purchase.

Additional Professional Costs

Optional services, such as property surveys or inspections, can be arranged to provide a detailed evaluation of the property. Costs depend on the size, location, and complexity of the property.

Summary

When buying property in Greece, buyers should budget for:

• Agent fees
• Notary fees
• Lawyer fees
• Public registration fees are 0.5% plus VAT

Total: between 9-10% on top of purchase price

Golden Visa Benefits for International Buyers

Non-EU buyers may be eligible for the Greek Golden Visa Program, which offers:

• Residency permits for the buyer and family members
• Visa-free travel within the Schengen Area
• Long-term security and lifestyle benefits

Owning property in Greece through this program provides both a strategic investment and a gateway to Europe.