Whether you’re looking to acquire a vacation home or investing in luxury villas or tourist properties, Greece offers countless opportunities.

Greece is one of the most popular countries for property investments, with its natural beauty, historical locations, and excellent climate making it ideal for purchasing property. Whether you’re looking for a vacation home or investing in luxury villas or tourist properties, Greece provides numerous opportunities.

For foreign investors, the process of purchasing property in Greece is straightforward and transparent, but there are some key steps and legal requirements to be aware of.

 

Steps for Purchasing Property in Greece:

  1. Finding the Property:
    Choosing the right property is the first step. Working with a reliable real estate agent will help you find properties that match your needs and budget.
  2. Tax Identification Number (AFM):
    To complete the purchase, you will need to obtain a Greek Tax Identification Number (AFM). The process is easy and can be done through your lawyer or real estate agent.
  3. Signing the Agreement:
    Once you find the property you’re interested in, you’ll sign a preliminary agreement. A deposit is then paid to secure the property.
  4. Purchase Contract:
    The final and most important step is signing the purchase contract. This contract is drafted by a lawyer and registered with the land registry.
  5. Tax Obligations:
    Foreign investors do not face significant tax differences, but they must be aware of property transfer taxes and annual fees.
 
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