๐Ÿ‡ฌ๐Ÿ‡ท Greece

Property Taxes and Buying Costs in Greece

Budget 7โ€“10% on top of the price for a resale apartment. On a 60 mยฒ apartment in Athens (about โ‚ฌ168,000) that is roughly โ‚ฌ11,760โ€“โ‚ฌ16,800.

Costs when you buy

Property transfer tax
3.09% of the higher of price or objective value
VAT on new builds
24%, but suspended until 31 December 2026 (transfer tax applies instead)
Notary
approx. 0.8โ€“1% of price plus VAT
Land registry / cadastre
approx. 0.5โ€“0.6% of price
Lawyer
approx. 1% of price plus VAT
Agent commission
approx. 2% plus VAT, usually paid by the buyer

Costs while you own

Property tax (ENFIA)
approx. โ‚ฌ2โ€“16 per mยฒ a year depending on zone value, plus a supplementary tax on higher-value holdings

Tax on rental income

From 2026 rental income is taxed at 15% up to โ‚ฌ12,000, 25% to โ‚ฌ24,000, 35% to โ‚ฌ36,000 and 45% above, with a 5% standard deduction.

Frequently Asked Questions

What taxes do you pay when buying property in Greece?โ†“
Property transfer tax: 3.09% of the higher of price or objective value. VAT on new builds: 24%, but suspended until 31 December 2026 (transfer tax applies instead). Notary: approx. 0.8โ€“1% of price plus VAT. Land registry / cadastre: approx. 0.5โ€“0.6% of price. Lawyer: approx. 1% of price plus VAT. Agent commission: approx. 2% plus VAT, usually paid by the buyer.
What are total closing costs in Greece?โ†“
Typically 7โ€“10% of the purchase price for a resale apartment.
How is rental income taxed in Greece for non-residents?โ†“
From 2026 rental income is taxed at 15% up to โ‚ฌ12,000, 25% to โ‚ฌ24,000, 35% to โ‚ฌ36,000 and 45% above, with a 5% standard deduction.
Buying property in Greece: step-by-step guide โ†’

Last reviewed 2026-10. General information, not tax or legal advice: rates change and often depend on region and buyer status, so confirm with a local notary, lawyer or tax adviser. Sources: vatcalc: Greece again extends real estate VAT exemption, IBA: The Greek Golden Visa after the 2024โ€“2026 overhaul.