Real Estate in Greece
Greece, a cradle of civilization and one of Europe’s most iconic destinations, offers a unique mix of rich history, stunning islands, and promising real estate opportunities. From the sun-drenched beaches of Crete and Santorini to the bustling capital of Athens, Greece has become a top choice for both lifestyle buyers and international investors seeking value, long-term growth, and a Mediterranean way of life.
Why Invest in Greek Real Estate?
With competitive property prices, favorable residence-by-investment programs, and an expanding tourism sector, Greece has solidified its position as a top-tier real estate market in Southern Europe. Buyers are drawn by the country’s:
- Golden Visa Program: One of the most attractive residency programs in Europe, offering a five-year residence permit to property buyers investing at least €250,000 (increasing to €400,000 in popular areas).
- Strong rental potential: Short-term rentals on the islands and long-term opportunities in Athens make the market ideal for ROI-driven investors.
- Heritage and lifestyle: Access to world-class beaches, cuisine, culture, and a low cost of living.
- Tourism growth: With millions visiting annually, Greece’s real estate market benefits from continuous demand for accommodation and rentals.
Top Locations to Buy Property in Greece
1. Athens
The capital city is a hotspot for urban investment, offering renovated apartments, commercial spaces, and vibrant neighborhoods like Plaka, Kolonaki, and Koukaki.
2. Crete
Greece’s largest island blends affordability with charm. From Chania to Heraklion, it’s ideal for seaside villas and countryside homes.
3. Santorini & Mykonos
Luxury tourism drives high rental yields here. These Cycladic islands are perfect for boutique investment properties.
4. Thessaloniki
Northern Greece’s cultural capital is becoming increasingly popular due to its growing tech sector, university population, and port activity.
5. Peloponnese & Halkidiki
Emerging destinations for both local and foreign buyers, with scenic coastal towns and low-cost opportunities.
Legal Framework and Foreign Ownership
Foreigners can freely purchase property in most of Greece. The buying process includes:
- Obtaining a Greek tax number (AFM)
- Signing a preliminary contract and conducting legal checks
- Finalizing at a notary with legal representation
EU citizens enjoy unrestricted rights, while non-EU buyers are generally welcome outside border zones. The Golden Visa offers additional advantages.
Market Trends and Investment Outlook
Greece’s real estate market has recovered from the financial crisis and is now growing steadily. New infrastructure, digital nomad incentives, and ongoing tourism support continued price appreciation and rental income.
At European.RealEstate, you can explore a wide range of listings across Greece. Whether you’re seeking a holiday home, rental property, or permanent move, our platform makes it easy to find your ideal Greek property.
