How much does it actually cost to buy a house in Greece in 2025?
Buying a property in Greece in 2025 remains an attractive option for both locals and foreign buyers.
But what most people forget is that the price you see online is just the beginning.
Let’s break down the real cost of buying a home in Greece — step by step.
1. Property Purchase Price
This is the price you agree on with the seller.
In 2025, average property prices in Greece are:
Athens Center: €2,500 – €4,000 /m²
Athens Riviera: €4,500 – €8,000+ /m²
Thessaloniki: €1,800 – €3,200 /m²
Crete & Islands: €2,500 – €6,000 /m² (higher for seafront)
But that’s not all you’ll pay.
2. Transfer Tax: ~3.09%
Unless you're buying a newly built home (subject to VAT), you’ll pay a property transfer tax of about 3.09% on the contract price or the "objective value" — whichever is higher.
3. Notary & Land Registry Fees: 1.2% – 2%
These are mandatory for all property transactions in Greece.
Expect to pay around 1.2% to 2% combined of the property value.
4. Lawyer Fees: 0.5% – 1%
Not mandatory, but highly recommended — especially for foreign buyers.
A lawyer ensures the property is legal, debt-free, and has clean titles.
Typical cost: 0.5% – 1% of the purchase price.
5. Banking & Currency Costs
If you're transferring money from abroad, watch out for:
International transfer fees
Currency exchange rates
Bank charges in Greece
Some buyers also hire a tax representative or accountant for handling documentation, AFM (tax ID), and banking setup.
6. Ongoing Annual Costs
After you buy, you’ll pay:
ENFIA property tax (annual): Depends on size, location, value
Municipality taxes (small)
Utilities setup & deposits (electricity, water, internet)
Maintenance, management (if renting), or renovation
Example Breakdown – €250,000 Home:
| Item | Estimated Cost |
|---|---|
| Purchase Price | €250,000 |
| Transfer Tax (3.09%) | ~€7,725 |
| Notary & Registry (1.5%) | ~€3,750 |
| Lawyer (0.8%) | ~€2,000 |
| Bank/Accountant Fees | €500 – €1,000 |
| Total Purchase Cost: | ~€263,000 – €265,000 |
Final Thoughts
The true cost of buying a home in Greece goes beyond the sale price.
If you’re budgeting for your dream property, make sure to factor in all fees, taxes, and post-purchase costs.
Want help calculating your exact buying cost?
We’re here to guide you step-by-step — from property search to keys in hand.