Can Foreigners Still Buy Property in Greece in 2025? What You Need to Know
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01 Oct 2025

Can Foreigners Still Buy Property in Greece in 2025? What You Need to Know

Greece remains one of the most attractive countries in Europe for foreign property buyers — and in 2025, the doors are still open.
Whether you're from the EU, the UK, the USA, or elsewhere, owning a home in Greece is 100% possible — with just a few rules to follow.

Let’s break it all down.

Can Foreigners Buy Property in Greece?

Yes. Both EU and non-EU citizens can buy real estate in Greece.
There are no major restrictions — but there are a few special zones (usually military or border areas) where non-EU buyers may need extra permission.

Where Are the Restricted Areas?

Restricted zones usually include:

  • Certain islands near Turkey (e.g. Rhodes, Lesvos, Kastellorizo)

  • Border regions (e.g. parts of Thrace, Evros)

  • Some smaller islands with strategic significance

If you’re not from the EU and want to buy there, you may need to apply to the Greek Ministry of Defense for approval.
In most other areas — like Athens, Thessaloniki, Crete, Peloponnese, Cyclades — there are no restrictions at all.

What About Residency and the Golden Visa?

Non-EU buyers can apply for the Greek Golden Visa if they invest €250,000 or more in real estate.
This grants you a 5-year renewable residency permit — and access to the Schengen zone.

Note: From 2024, in some areas (like Athens & Santorini), the minimum investment has been raised to €500,000.

Do I Need a Lawyer or Special Paperwork?

Yes. Here’s what you’ll need:

  • A Greek Tax Number (AFM)

  • A Greek bank account

  • A notary to handle the transaction

  • A real estate lawyer to protect your interests

  • Proof of source of funds for anti-money laundering regulations

Most reputable agents in Greece will guide you through this process.

Are There Extra Taxes for Foreigners?

No — the taxes and fees are the same for locals and foreigners.
Expect to pay around 7%–10% extra on top of the property price for:

  • Transfer tax (3.09%)

  • Notary and land registry

  • Lawyer fees

  • Bank or accounting costs

Can I Rent Out My Property After Buying?

Yes!
You can use it as a holiday home, rent it on Airbnb, or lease it long-term — depending on local rules.

 If you get a Golden Visa, you can rent it — but cannot enroll your kids in public school or work in Greece without extra permits.

So, Is It Worth It in 2025?

Absolutely — but only if you're informed.
With property prices still relatively low (compared to Spain, France, Italy), Greece offers:

  • Good value

  • Warm lifestyle

  • Strong rental demand

  • Residency options

Just make sure to work with professionals and double-check legal zones if you're a non-EU buyer.