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How high are realtors’ and lawyers’ fees in Greece? What about other property purchase costs?

How difficult is the property purchase process in Greece?

EU nationals can freely purchase property in Greece, while there are a few restrictions for non-EU nationals. The potential buyer must open a Greek bank account and transfer all the funds required for the purchase (property price, notary fees, registration fees, etc.) in order to be in compliance with the Greek tax legislation or otherwise to import cast through the Greek Customs Authority. Acquiring property near military bases, national borders – mainly for security reasons, especially those close to Turkey - and in some islands requires special permission from the Local Council. Such permission is not granted to non-EU nationals.

The importation of funds for real estate acquisition needs to be documented and requires the permission of the Bank of Greece. You will also need to secure a Tax Registry Number from the Internal Revenue Service. If you are a married couple planning to purchase property jointly, you should each obtain one.

Read more: «Real Estate - Total transaction costs in Greece»