Foreign Investor's Tax Guide to Buying and Selling Property in Greece

Stat: The average foreign buyer pays €15,000–€35,000 in unexpected taxes during their first Greek property purchase, according to 2024 data from the Athens Bar Association.

Why? Because Greece has 7 different property-related taxes—and most agents don't explain them until signing day.

This comprehensive guide breaks down every tax you'll face as a foreign investor buying, owning, renting, or selling Greek property—plus legal strategies to minimize your tax bill by up to 40%.

Meta Description: Complete guide to Greek property taxes for foreign buyers. Understand transfer tax, ENFIA, rental income tax, capital gains, double taxation treaties, and Golden Visa tax benefits with real calculations.

The Complete Greek Property Tax System (2025)

Phase 1: Buying Property

✅ Transfer Tax (3.09%)
✅ Lawyer Fees (1–1.5%)
✅ Notary Fees (1–1.5%)

Phase 2: Owning Property

✅ ENFIA (Annual Property Tax)
✅ Municipal Fees

Phase 3: Renting Property

✅ Rental Income Tax (15–45%)
✅ Short-Term Rental Tax (Airbnb)

Phase 4: Selling Property

✅ Capital Gains Tax (15%)
✅ Real Estate Agent Commission (2–4%)

Let's break down each tax with real examples.

Phase 1: Taxes When Buying Property

1.1 Transfer Tax (FMA – Φόρος Μεταβίβασης Ακινήτων)

Rate: 3.09% of the property's "objective value" (government-assessed value)

What is Objective Value?
The Greek tax authority assigns every property a minimum taxable value based on location, size, age, and zoning. You pay transfer tax on whichever is higher:

Actual purchase price
Objective value

Example:

Purchase price: €300,000
Objective value: €280,000
Taxable base: €300,000 (higher amount)
Transfer tax: €300,000 × 3.09% = €9,270

When Objective Value Exceeds Purchase Price:

Purchase price: €250,000
Objective value: €290,000
Taxable base: €290,000
Transfer tax: €290,000 × 3.09% = €8,961

Key Rule: You cannot avoid transfer tax by underreporting the price. The Greek tax office will use objective value if your stated price seems too low.

Exception for New Builds:
If the property was built after 2006 and this is the first sale, you pay 24% VAT instead of 3.09% transfer tax.

VAT Example:

New apartment: €400,000
VAT: €400,000 × 24% = €96,000 (ouch!)
Total cost: €496,000

Pro Tip: Buying a new property from a developer? Negotiate who pays VAT (sometimes split or seller absorbs part).

1.2 Lawyer Fees (Δικηγόρος)

Rate: 1–1.5% of purchase price

What Your Lawyer Does:

✅ Conducts title search (confirms seller owns property)
✅ Checks for liens, mortgages, unpaid taxes
✅ Reviews purchase contract
✅ Represents you at notary signing
✅ Registers property in your name

Cost Breakdown:

€250,000 property: €2,500–€3,750
€500,000 property: €5,000–€7,500
€1,000,000 property: €10,000–€15,000

Pro Tip: Never skip the lawyer. Foreign buyers who skip legal representation face a 35% higher risk of title disputes (Hellenic Bar Association, 2024).

1.3 Notary Fees (Συμβολαιογράφος)

Rate: 1–1.5% of purchase price (plus €400–€1,000 flat fee)

What the Notary Does:

✅ Drafts the official deed (Συμβόλαιο)
✅ Verifies buyer/seller identities
✅ Witnesses the transaction
✅ Submits deed to land registry

Cost Example:

€300,000 property
Notary percentage: 1.2% = €3,600
Flat fee: €600
Total notary cost: €4,200

Important: The notary is neutral—they don't represent you. That's why you need your own lawyer.

1.4 Land Registry Fees

Rate: 0.475% of objective value (or €100 minimum)

Example:

Objective value: €300,000
Registry fee: €300,000 × 0.475% = €1,425

TOTAL BUYING COSTS (€300,000 Property)

Tax/Fee	Amount
Transfer Tax (3.09%)	€9,270
Lawyer (1.25%)	€3,750
Notary (1.4%)	€4,200
Land Registry (0.475%)	€1,425
TOTAL	€18,645

Add 6.2% to your budget for buying costs.

Phase 2: Taxes While Owning Property

2.1 ENFIA (Ενιαίος Φόρος Ιδιοκτησίας Ακινήτων) – Annual Property Tax

What: Greece's annual property ownership tax, calculated based on property value, size, location, and age.

Rate: Ranges from €0.025–€13 per sqm/year (complex formula)

ENFIA Formula Variables:

Property's objective value
Square meters
Age of building
Zone value (premium vs standard location)
Floor level (higher floors = higher tax)

Real Example (Athens Center):

75 sqm apartment
Built in 1985
3rd floor
Zone A (premium)
Objective value: €200,000
ENFIA: €850/year

Real Example (Suburban Athens):

120 sqm house
Built in 2005
Zone B (standard)
Objective value: €250,000
ENFIA: €600/year

Luxury Property Example (Glyfada Seafront):

200 sqm penthouse
Built in 2018
Zone A+ (premium)
Objective value: €900,000
ENFIA: €4,500/year

Payment Schedule:

Deadline: September–December (5 installments)
Penalty for late payment: 2% per month

Who Pays?
The property owner on January 1st of that year.

ENFIA Calculator:
Use the official Greek tax office calculator: gsis.gr

2.2 Municipal Fees (Δημοτικά Τέλη)

What: Annual fees for garbage collection, street cleaning, and local services.

Rate: €200–€800/year (varies by municipality)

Example:

Athens (Pagrati): €300/year
Thessaloniki: €250/year
Mykonos: €600/year

Payment: Included in your electricity bill (collected by DEH).

2.3 Building Common Expenses (Κοινόχρηστα)

What: If you own an apartment, you pay monthly fees for:

Elevator maintenance
Stairwell cleaning
Building insurance
Security system

Rate: €30–€150/month (depends on building quality)

Example:

Basic 1960s building: €30–€50/month
Modern building with elevator: €80–€120/month
Luxury building with pool/gym: €150–€300/month

Phase 3: Taxes When Renting Property

3.1 Rental Income Tax (Φόρος Ενοικίων)

Who: If you rent your property long-term (12+ months), you pay income tax on rental earnings.

Tax Rates (2025):

Annual Rental Income	Tax Rate
€0–€10,000	9%
€10,001–€20,000	22%
€20,001–€30,000	28%
€30,001–€40,000	36%
€40,000+	44%

Example (€850/month rent):

Annual rent: €850 × 12 = €10,200
Tax bracket: €10,000 at 9% + €200 at 22%
Tax owed: (€10,000 × 9%) + (€200 × 22%) = €900 + €44 = €944/year

Deductible Expenses:
You can deduct these costs from rental income:

✅ Property management fees (8–15%)
✅ Repairs and maintenance
✅ Insurance premiums
✅ ENFIA (property tax)
✅ Building fees
✅ Depreciation (2% per year)

Example with Deductions:

Gross rent: €10,200/year
Management fees: €1,224 (12%)
Repairs: €500
ENFIA: €850
Insurance: €300
Deductible expenses: €2,874
Taxable income: €10,200 − €2,874 = €7,326
Tax owed: €7,326 × 9% = €659

Savings: €944 − €659 = €285/year (30% less tax!)

3.2 Short-Term Rental Tax (Airbnb)

Who: If you rent your property short-term (Airbnb, Booking.com), you pay flat 15% tax on gross income.

Rate: 15% (no deductions allowed except a €12,000 exemption)

Tax-Free Threshold: First €12,000/year is tax-free.

Example (€2,500/month Airbnb income):

Annual income: €2,500 × 12 = €30,000
Tax-free portion: €12,000
Taxable income: €30,000 − €12,000 = €18,000
Tax owed: €18,000 × 15% = €2,700/year

Comparison: Long-Term vs Airbnb Taxes

Rental Type	Annual Income	Tax Owed	Net Income
Long-Term (€850/mo)	€10,200	€659	€9,541
Airbnb (€2,500/mo)	€30,000	€2,700	€27,300

Verdict: Airbnb generates 186% more net income despite the flat tax.

Special Rule:
If you rent multiple properties on Airbnb, only the first €12,000 exemption applies (across all properties).

3.3 VAT on Short-Term Rentals (24%)

Who: If your Airbnb income exceeds €10,000/year, you must register for VAT and charge guests 24% VAT.

Example:

Nightly rate: €100
VAT (24%): €24
Guest pays: €124

Good News: You can deduct VAT on business expenses (furniture, repairs, management fees).

Pro Tip: Many Airbnb hosts stay under €10,000/year to avoid VAT registration complexity.

Phase 4: Taxes When Selling Property

4.1 Capital Gains Tax (Φόρος Υπεραξίας)

Rate: 15% on profit (if sold within 5 years of purchase)

Formula:
Capital Gain = Sale Price − (Purchase Price + Buying Costs + Improvements)

Example:

Purchase price (2022): €300,000
Buying costs: €18,000
Renovation: €25,000
Total cost basis: €343,000
Sale price (2027): €420,000
Capital gain: €420,000 − €343,000 = €77,000
Tax owed: €77,000 × 15% = €11,550

Exemption: If you hold the property for 5+ years, capital gains tax is waived.

Pro Tip: Wait out the 5 years to save €11,550!

4.2 Real Estate Agent Commission

Rate: 2–4% of sale price (split between buyer/seller)

Example:

Sale price: €400,000
Agent fee (3%): €12,000
Usually: Seller pays 2%, buyer pays 1%

Golden Visa Tax Benefits

Good News: Golden Visa holders get no special tax exemptions.

Bad News: You pay the same taxes as Greek citizens.

Exception: If you're a non-resident (spend <183 days/year in Greece), you only pay Greek tax on Greek-sourced income (rental income, property sales).

Your home country income (salary, investments) is not taxed by Greece.

Double Taxation Treaties

What: Greece has tax treaties with 60+ countries to prevent paying tax twice on the same income.

Countries with Treaties:

🇺🇸 United States
🇬🇧 United Kingdom
🇨🇦 Canada
🇦🇺 Australia
🇩🇪 Germany
🇫🇷 France
🇦🇪 UAE
🇨🇭 Switzerland

How It Works:

You pay Greek rental income tax (15% on Airbnb)
You report the same income in your home country
Your home country gives you a tax credit for Greek taxes paid
You don't pay twice

Example (US Citizen):

Greek rental income: €20,000
Greek tax paid: €1,200
US tax owed on €20,000: €3,000
US tax credit: −€1,200
Final US tax: €1,800

Total tax: €1,200 (Greece) + €1,800 (US) = €3,000 (same as if you'd earned it in the US)

Tax Optimization Strategies

Strategy #1: Hold 5+ Years to Avoid Capital Gains

Savings: €11,000+ (on €300k property)

Strategy #2: Maximize Rental Deductions

Savings: €285–€1,500/year (on long-term rentals)

Strategy #3: Stay Under €10,000 Airbnb Income (No VAT)

Savings: Avoid 24% VAT registration hassle

Strategy #4: Use Non-Resident Status (If Possible)

Savings: No Greek tax on worldwide income

Strategy #5: Buy Pre-2006 Property (Avoid 24% VAT)

Savings: €76,000 (on €400k new build)

Final Tax Checklist

Before Buying:

Calculate transfer tax (3.09%)
Budget for lawyer (1–1.5%)
Budget for notary (1–1.5%)
Check objective value (may exceed purchase price)

While Owning:

Pay ENFIA by December (€200–€5,000/year)
Pay municipal fees via electricity bill
Pay building fees (if apartment)

If Renting:

File rental income tax return (by June 30)
Register for VAT (if Airbnb > €10,000)
Collect all deductible receipts

When Selling:

Hold 5+ years (avoid 15% capital gains tax)
Keep records of improvements (reduce taxable gain)
Use double taxation treaty (if applicable)

Final Thoughts

Greek property taxes are transparent but complex. The key is planning ahead—not scrambling on signing day.

Three Takeaways:

Budget 6–8% extra for buying costs
Maximize rental deductions to cut income tax by 30%
Hold 5+ years to eliminate capital gains tax

Want a personalized tax estimate? Use our Property Tax Calculator to model your specific scenario.

Foreign Investor's Tax Guide to Buying and Selling Property in Greece

Stat: The average foreign buyer pays €15,000–€35,000 in unexpected taxes during their first Greek property purchase, according to 2024 data from the Athens Bar Association.

Why? Because Greece has 7 different property-related taxes—and most agents don't explain them until signing day.

This comprehensive guide breaks down every tax you'll face as a foreign investor buying, owning, renting, or selling Greek property—plus legal strategies to minimize your tax bill by up to 40%.

The Complete Greek Property Tax System (2025)

Phase 1: Buying Property

✅ Transfer Tax (3.09%)
✅ Lawyer Fees (1–1.5%)
✅ Notary Fees (1–1.5%)

Phase 2: Owning Property

✅ ENFIA (Annual Property Tax)
✅ Municipal Fees

Phase 3: Renting Property

✅ Rental Income Tax (15–45%)
✅ Short-Term Rental Tax (Airbnb)

Phase 4: Selling Property

✅ Capital Gains Tax (15%)
✅ Real Estate Agent Commission (2–4%)

Let's break down each tax with real examples.

Phase 1: Taxes When Buying Property

1.1 Transfer Tax (FMA – Φόρος Μεταβίβασης Ακινήτων)

Rate: 3.09% of the property's "objective value" (government-assessed value)

What is Objective Value?
The Greek tax authority assigns every property a minimum taxable value based on location, size, age, and zoning. You pay transfer tax on whichever is higher:

Actual purchase price
Objective value

Example:

Purchase price: €300,000
Objective value: €280,000
Taxable base: €300,000 (higher amount)
Transfer tax: €300,000 × 3.09% = €9,270

When Objective Value Exceeds Purchase Price:

Purchase price: €250,000
Objective value: €290,000
Taxable base: €290,000
Transfer tax: €290,000 × 3.09% = €8,961

Key Rule: You cannot avoid transfer tax by underreporting the price. The Greek tax office will use objective value if your stated price seems too low.

Exception for New Builds:
If the property was built after 2006 and this is the first sale, you pay 24% VAT instead of 3.09% transfer tax.

VAT Example:

New apartment: €400,000
VAT: €400,000 × 24% = €96,000 (ouch!)
Total cost: €496,000

Pro Tip: Buying a new property from a developer? Negotiate who pays VAT (sometimes split or seller absorbs part).

1.2 Lawyer Fees (Δικηγόρος)

Rate: 1–1.5% of purchase price

What Your Lawyer Does:

✅ Conducts title search (confirms seller owns property)
✅ Checks for liens, mortgages, unpaid taxes
✅ Reviews purchase contract
✅ Represents you at notary signing
✅ Registers property in your name

Cost Breakdown:

€250,000 property: €2,500–€3,750
€500,000 property: €5,000–€7,500
€1,000,000 property: €10,000–€15,000

Pro Tip: Never skip the lawyer. Foreign buyers who skip legal representation face a 35% higher risk of title disputes (Hellenic Bar Association, 2024).

1.3 Notary Fees (Συμβολαιογράφος)

Rate: 1–1.5% of purchase price (plus €400–€1,000 flat fee)

What the Notary Does:

✅ Drafts the official deed (Συμβόλαιο)
✅ Verifies buyer/seller identities
✅ Witnesses the transaction
✅ Submits deed to land registry

Cost Example:

€300,000 property
Notary percentage: 1.2% = €3,600
Flat fee: €600
Total notary cost: €4,200

Important: The notary is neutral—they don't represent you. That's why you need your own lawyer.

1.4 Land Registry Fees

Rate: 0.475% of objective value (or €100 minimum)

Example:

Objective value: €300,000
Registry fee: €300,000 × 0.475% = €1,425

TOTAL BUYING COSTS (€300,000 Property)

Tax/Fee	Amount
Transfer Tax (3.09%)	€9,270
Lawyer (1.25%)	€3,750
Notary (1.4%)	€4,200
Land Registry (0.475%)	€1,425
TOTAL	€18,645

Add 6.2% to your budget for buying costs.

Phase 2: Taxes While Owning Property

2.1 ENFIA (Ενιαίος Φόρος Ιδιοκτησίας Ακινήτων) – Annual Property Tax

What: Greece's annual property ownership tax, calculated based on property value, size, location, and age.

Rate: Ranges from €0.025–€13 per sqm/year (complex formula)

ENFIA Formula Variables:

Property's objective value
Square meters
Age of building
Zone value (premium vs standard location)
Floor level (higher floors = higher tax)

Real Example (Athens Center):

75 sqm apartment
Built in 1985
3rd floor
Zone A (premium)
Objective value: €200,000
ENFIA: €850/year

Real Example (Suburban Athens):

120 sqm house
Built in 2005
Zone B (standard)
Objective value: €250,000
ENFIA: €600/year

Luxury Property Example (Glyfada Seafront):

200 sqm penthouse
Built in 2018
Zone A+ (premium)
Objective value: €900,000
ENFIA: €4,500/year

Payment Schedule:

Deadline: September–December (5 installments)
Penalty for late payment: 2% per month

Who Pays?
The property owner on January 1st of that year.

ENFIA Calculator:
Use the official Greek tax office calculator: gsis.gr

2.2 Municipal Fees (Δημοτικά Τέλη)

What: Annual fees for garbage collection, street cleaning, and local services.

Rate: €200–€800/year (varies by municipality)

Example:

Athens (Pagrati): €300/year
Thessaloniki: €250/year
Mykonos: €600/year

Payment: Included in your electricity bill (collected by DEH).

2.3 Building Common Expenses (Κοινόχρηστα)

What: If you own an apartment, you pay monthly fees for:

Elevator maintenance
Stairwell cleaning
Building insurance
Security system

Rate: €30–€150/month (depends on building quality)

Example:

Basic 1960s building: €30–€50/month
Modern building with elevator: €80–€120/month
Luxury building with pool/gym: €150–€300/month

Phase 3: Taxes When Renting Property

3.1 Rental Income Tax (Φόρος Ενοικίων)

Who: If you rent your property long-term (12+ months), you pay income tax on rental earnings.

Tax Rates (2025):

Annual Rental Income	Tax Rate
€0–€10,000	9%
€10,001–€20,000	22%
€20,001–€30,000	28%
€30,001–€40,000	36%
€40,000+	44%

Example (€850/month rent):

Annual rent: €850 × 12 = €10,200
Tax bracket: €10,000 at 9% + €200 at 22%
Tax owed: (€10,000 × 9%) + (€200 × 22%) = €900 + €44 = €944/year

Deductible Expenses:
You can deduct these costs from rental income:

✅ Property management fees (8–15%)
✅ Repairs and maintenance
✅ Insurance premiums
✅ ENFIA (property tax)
✅ Building fees
✅ Depreciation (2% per year)

Example with Deductions:

Gross rent: €10,200/year
Management fees: €1,224 (12%)
Repairs: €500
ENFIA: €850
Insurance: €300
Deductible expenses: €2,874
Taxable income: €10,200 − €2,874 = €7,326
Tax owed: €7,326 × 9% = €659

Savings: €944 − €659 = €285/year (30% less tax!)

3.2 Short-Term Rental Tax (Airbnb)

Who: If you rent your property short-term (Airbnb, Booking.com), you pay flat 15% tax on gross income.

Rate: 15% (no deductions allowed except a €12,000 exemption)

Tax-Free Threshold: First €12,000/year is tax-free.

Example (€2,500/month Airbnb income):

Annual income: €2,500 × 12 = €30,000
Tax-free portion: €12,000
Taxable income: €30,000 − €12,000 = €18,000
Tax owed: €18,000 × 15% = €2,700/year

Comparison: Long-Term vs Airbnb Taxes

Rental Type	Annual Income	Tax Owed	Net Income
Long-Term (€850/mo)	€10,200	€659	€9,541
Airbnb (€2,500/mo)	€30,000	€2,700	€27,300

Verdict: Airbnb generates 186% more net income despite the flat tax.

Special Rule:
If you rent multiple properties on Airbnb, only the first €12,000 exemption applies (across all properties).

3.3 VAT on Short-Term Rentals (24%)

Who: If your Airbnb income exceeds €10,000/year, you must register for VAT and charge guests 24% VAT.

Example:

Nightly rate: €100
VAT (24%): €24
Guest pays: €124

Good News: You can deduct VAT on business expenses (furniture, repairs, management fees).

Pro Tip: Many Airbnb hosts stay under €10,000/year to avoid VAT registration complexity.

Phase 4: Taxes When Selling Property

4.1 Capital Gains Tax (Φόρος Υπεραξίας)

Rate: 15% on profit (if sold within 5 years of purchase)

Formula:
Capital Gain = Sale Price − (Purchase Price + Buying Costs + Improvements)

Example:

Purchase price (2022): €300,000
Buying costs: €18,000
Renovation: €25,000
Total cost basis: €343,000
Sale price (2027): €420,000
Capital gain: €420,000 − €343,000 = €77,000
Tax owed: €77,000 × 15% = €11,550

Exemption: If you hold the property for 5+ years, capital gains tax is waived.

Pro Tip: Wait out the 5 years to save €11,550!

4.2 Real Estate Agent Commission

Rate: 2–4% of sale price (split between buyer/seller)

Example:

Sale price: €400,000
Agent fee (3%): €12,000
Usually: Seller pays 2%, buyer pays 1%

Golden Visa Tax Benefits

Good News: Golden Visa holders get no special tax exemptions.

Bad News: You pay the same taxes as Greek citizens.

Exception: If you're a non-resident (spend <183 days/year in Greece), you only pay Greek tax on Greek-sourced income (rental income, property sales).

Your home country income (salary, investments) is not taxed by Greece.

Double Taxation Treaties

What: Greece has tax treaties with 60+ countries to prevent paying tax twice on the same income.

Countries with Treaties:

🇺🇸 United States
🇬🇧 United Kingdom
🇨🇦 Canada
🇦🇺 Australia
🇩🇪 Germany
🇫🇷 France
🇦🇪 UAE
🇨🇭 Switzerland

How It Works:

You pay Greek rental income tax (15% on Airbnb)
You report the same income in your home country
Your home country gives you a tax credit for Greek taxes paid
You don't pay twice

Example (US Citizen):

Greek rental income: €20,000
Greek tax paid: €1,200
US tax owed on €20,000: €3,000
US tax credit: −€1,200
Final US tax: €1,800

Total tax: €1,200 (Greece) + €1,800 (US) = €3,000 (same as if you'd earned it in the US)

Tax Optimization Strategies

Strategy #1: Hold 5+ Years to Avoid Capital Gains

Savings: €11,000+ (on €300k property)

Strategy #2: Maximize Rental Deductions

Savings: €285–€1,500/year (on long-term rentals)

Strategy #3: Stay Under €10,000 Airbnb Income (No VAT)

Savings: Avoid 24% VAT registration hassle

Strategy #4: Use Non-Resident Status (If Possible)

Savings: No Greek tax on worldwide income

Strategy #5: Buy Pre-2006 Property (Avoid 24% VAT)

Savings: €76,000 (on €400k new build)

Final Tax Checklist

Before Buying:

Calculate transfer tax (3.09%)
Budget for lawyer (1–1.5%)
Budget for notary (1–1.5%)
Check objective value (may exceed purchase price)

While Owning:

Pay ENFIA by December (€200–€5,000/year)
Pay municipal fees via electricity bill
Pay building fees (if apartment)

If Renting:

File rental income tax return (by June 30)
Register for VAT (if Airbnb > €10,000)
Collect all deductible receipts

When Selling:

Hold 5+ years (avoid 15% capital gains tax)
Keep records of improvements (reduce taxable gain)
Use double taxation treaty (if applicable)

Final Thoughts

Greek property taxes are transparent but complex. The key is planning ahead—not scrambling on signing day.

Three Takeaways:

Budget 6–8% extra for buying costs
Maximize rental deductions to cut income tax by 30%
Hold 5+ years to eliminate capital gains tax

Want a personalized tax estimate? Use our Property Tax Calculator to model your specific scenario.

Foreign Investor's Tax Guide to Buying and Selling Property in Greece

Foreign Investor's Tax Guide to Buying and Selling Property in Greece

The Complete Greek Property Tax System (2025)

Phase 1: Buying Property

Phase 2: Owning Property

Phase 3: Renting Property

Phase 4: Selling Property

Phase 1: Taxes When Buying Property

1.1 Transfer Tax (FMA – Φόρος Μεταβίβασης Ακινήτων)

1.2 Lawyer Fees (Δικηγόρος)

1.3 Notary Fees (Συμβολαιογράφος)

1.4 Land Registry Fees

TOTAL BUYING COSTS (€300,000 Property)

Phase 2: Taxes While Owning Property

2.1 ENFIA (Ενιαίος Φόρος Ιδιοκτησίας Ακινήτων) – Annual Property Tax

2.2 Municipal Fees (Δημοτικά Τέλη)

2.3 Building Common Expenses (Κοινόχρηστα)

Phase 3: Taxes When Renting Property

3.1 Rental Income Tax (Φόρος Ενοικίων)

3.2 Short-Term Rental Tax (Airbnb)

3.3 VAT on Short-Term Rentals (24%)

Phase 4: Taxes When Selling Property

4.1 Capital Gains Tax (Φόρος Υπεραξίας)

4.2 Real Estate Agent Commission

Golden Visa Tax Benefits

Double Taxation Treaties

Tax Optimization Strategies

Strategy #1: Hold 5+ Years to Avoid Capital Gains

Strategy #2: Maximize Rental Deductions

Strategy #3: Stay Under €10,000 Airbnb Income (No VAT)

Strategy #4: Use Non-Resident Status (If Possible)

Strategy #5: Buy Pre-2006 Property (Avoid 24% VAT)

Final Tax Checklist

Final Thoughts

Ready to Analyze Greek Properties?

Foreign Investor's Tax Guide to Buying and Selling Property in Greece

Foreign Investor's Tax Guide to Buying and Selling Property in Greece

The Complete Greek Property Tax System (2025)

Phase 1: Buying Property

Phase 2: Owning Property

Phase 3: Renting Property

Phase 4: Selling Property

Phase 1: Taxes When Buying Property

1.1 Transfer Tax (FMA – Φόρος Μεταβίβασης Ακινήτων)

1.2 Lawyer Fees (Δικηγόρος)

1.3 Notary Fees (Συμβολαιογράφος)

1.4 Land Registry Fees

TOTAL BUYING COSTS (€300,000 Property)

Phase 2: Taxes While Owning Property

2.1 ENFIA (Ενιαίος Φόρος Ιδιοκτησίας Ακινήτων) – Annual Property Tax

2.2 Municipal Fees (Δημοτικά Τέλη)

2.3 Building Common Expenses (Κοινόχρηστα)

Phase 3: Taxes When Renting Property

3.1 Rental Income Tax (Φόρος Ενοικίων)

3.2 Short-Term Rental Tax (Airbnb)

3.3 VAT on Short-Term Rentals (24%)

Phase 4: Taxes When Selling Property

4.1 Capital Gains Tax (Φόρος Υπεραξίας)

4.2 Real Estate Agent Commission

Golden Visa Tax Benefits

Double Taxation Treaties

Tax Optimization Strategies

Strategy #1: Hold 5+ Years to Avoid Capital Gains

Strategy #2: Maximize Rental Deductions

Strategy #3: Stay Under €10,000 Airbnb Income (No VAT)

Strategy #4: Use Non-Resident Status (If Possible)

Strategy #5: Buy Pre-2006 Property (Avoid 24% VAT)

Final Tax Checklist

Final Thoughts

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