What it costs to buy property in Greece
A foreign buyer should budget roughly 8.0%–10.0% of the purchase price on top of the price itself. No licence or permit is required.
What you pay
- Transfer tax (ΦΜΑ)3.1% of the price$15,450
- Agency commission2.5% of the price$12,400
- Notary fees1.0%–2.0% of the price$5,000–$10,000
- Legal fees1.0%–2.0% of the price$5,000–$10,000
- Land registry fee0.5% of the price$2,375
| On a purchase of | $250,000 | $500,000 | $1,000,000 |
|---|---|---|---|
| Transfer tax (ΦΜΑ) | $7,725 | $15,450 | $30,900 |
| Notary fees | $2,500 – $5,000 | $5,000 – $10,000 | $10,000 – $20,000 |
| Legal fees | $2,500 – $5,000 | $5,000 – $10,000 | $10,000 – $20,000 |
| Land registry fee | $1,188 | $2,375 | $4,750 |
| Agency commission | $6,200 | $12,400 | $24,800 |
| Total on top of the price | 8.0%–10.0% | 8.0%–10.0% | 8.0%–10.0% |
Can you buy as a foreigner?
No licence required
No permit across most of the country, and transfer tax does not vary by nationality. But a non-EU buyer acquiring in a designated border region needs approval from the Decentralised Administration under Law 1892/1990, and those regions take in the Dodecanese, several East Aegean islands and parts of the north — check whether the property sits in one before exchanging. EU and EEA buyers are exempt. Greece also requires a Greek tax number (AFM) and, in practice, a Greek bank account.
No approval to wait for
With no permission to obtain, the timeline is set by conveyancing rather than by a government queue.
Take it with you
These figures as a PDF, worked out at the price you enter, with every source and the date it was checked.
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Nearby markets compared
What a foreign buyer pays on top of a $500,000 price, here and in the markets around it nearest in cost.
An estimate for budgeting, not legal or tax advice. These rates are traced to published sources but have not been reviewed by a practitioner in this jurisdiction. Confirm the current position with an attorney before you commit.
Transfer tax, the registry fee and the border-region rule are traced to PwC's Greek real estate guide; professional fees and the agency convention are customary ranges from brokerage and comparative sources. The border-region list is the part most worth checking against the current ministerial decisions before committing to an island purchase. On 6 September 2026 the Prime Minister announced a rise from 3% to 15% in the transfer tax on homes bought by nationals of countries outside the EU and EEA, from 2027 — reports differ on January or July. No bill had been published when checked in October 2026, so the figure above stands for now.