The financial outlook for Greece has never been better and that includes the real estate market. Just recently Fitch has updated its outlook for Greece from “stable” to “positive.” read here and here. No need to be a financial expert or professional to understand that the prices are going up as we speak and it shows here.

Depends on type of property, short or long term rent, could be from 7% to 15%.

The price for sq. m can vary depending on the area, so it can be anything from €500 per sq.m., to €15,000 in seafront luxury areas.

There’s no simple answer for that one. It all depends on your personal financial situation and desires. You might be looking to buy an apartment in Athens for short term rentals or an apartment for long term rentals. You might be interested in buying a house with the swimming pool on the shore. If you’re professional investor, you might be interested in purchasing commercial buildings in Athens.

From €900 to €1500 per sq.m.

The services of the broker/realtor (our services if you’ll work with us) would cost you from 2 to 4% depending on the budget.
The local lawyer –  from 1 to 2%, the notary 1,2 to 1,4%. In addition to those  there’s a legal fee of registration in Cadastral Office –  0,5 to 0,7%, 3,09% transfer  tax of property from seller to buyer (purchase tax). You can find the more detailed information here.

Yes, the Greek golden visa program grants a five years residency status in return for an investment of €250,000 in real estate. There is no minimum stay requirement and children up to the age of 21 are included in the family application. The status is granted for five years and renewed every five years if the property investment is retained. It is not necessary to live in Greece in order to retain and renew the investor status. However citizenship can only be granted after seven years of residency.

No problem, just keep in mind the prices are going one way up. And if you want to follow on what is going on in Greece, reading Ekathimerini (www.ekathimerini.com) is a good starting point.

We are 100% client-centric realtor company with the understanding that buying a property in a foreign country is a process that needs to be addressed and assisted on every level possible. Read here for more info.

You can send us an email or call us anytime, whether you’re already in Greece or only making plans for the next trip or vacation. It is always a good idea to have a look at the properties while on vacation, when your mind thinks clearly without the impact of usual day-to-day obligations. So our recommendation is to get in touch when you have your flights booked. We’ll be more than glad to pick you up from your hotel and show the available properties.