Buying Process, Taxes and Rental Yield in Greece (2026)

Buying property in Greece is transparent and predictable when done in the right order. Steps: obtain an AFM tax number, open a Greek bank account, appoint a lawyer for due diligence (title, planning, debts), sign a preliminary contract with a ~10% deposit, complete the notarial deed after paying transfer tax, and register title. Main costs: 3.09% transfer tax (on non-VAT/resale property), possible 24% VAT on new builds (often suspended — confirm current status), annual ENFIA property tax, plus ~1.5-2% notary/lawyer/registry — total transaction costs typically 7-10%. Yields: Athens long-term 3.5-5% gross, higher for central short-lets; islands strong but seasonal. See the Golden Visa guide and Greece listings.