Can foreigners buy a property in Greece?When it comes to buy a house, an apartment or land for sale in Greece many foreigners admit that this is a life time dream. Greek Laws have no restriction to allow foreigners buying property in Greece..
When it comes to buy a house, an apartment or land for sale in Greece many foreigners admit that this is a life time dream. Greek Laws have no restriction to allow foreigners buying property in Greece. The rule applies only to non-EU-Citizens, but the solution to this is to apply for Golden Visa. Greek Golden Visa is one of the best within Europe as the residency in Greece requires an investment of 250.000 euro.
Is buying a property in Greece a good investment?
The answer here is yes. Buying a property in Greece guarantees you a stable income as Greece is considered to be a top tourist destination with tourist flow all year round. Also, property for sale in Greece are considered to be real estate bargains compared to other European Countries. Moreover, Greece offers low taxation, quality and affordable living and an expat-friendly environment.
How do you buy a property in Greece?
After your research through professional real estate websites or real estate companies in Greece for the desired property you need to select the property, discuss/negotiate the price, place the final deal and finally reserve it. Following the above you need to obtain a Greek tax number (AFM) and submit all the required docs. For non-EU Citizens, a golden Visa Application should be applied following the opening of a Greek account keeping in mind that the minimum investment should be at least 250000 euro.
Is property cheap in Greece?
Property for sale in Greece is considered to be cheap among other European Countries especially after the Greek Financial in 2010 and the drop in prices.
How much is property tax in Greece?
The property tax in Greece range from 0.10 % and can reach up to 1.10% for properties over 1 million euros.
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