Greece Property Buying Costs Calculator

Beyond the purchase price, buyers typically pay transfer tax (3.09% for most resale and, currently, new-build properties), a notary fee of around 1.5%, a land registry fee of about 0.575%, and legal fees of roughly 1%. Altogether, these extra costs usually add 6–7% on top of the property price, though the exact figure depends on the scenario (resale, new-build, first-time buyer, or company purchase) and whether you also use a real-estate agent.

New-build properties are normally subject to 24% VAT instead of transfer tax, but VAT on new builds has been repeatedly suspended in Greece — currently through the end of 2026 under Law 5246/2025. VAT suspension does not mean the purchase is tax-free: while it's in effect, new-build purchases are taxed the same as resale, at 3.09% transfer tax, instead of 24% VAT. This calculator reflects that — it does not show €0 for new builds. Always confirm the current VAT status with your notary before relying on this, since the suspension has an end date that can change.

Greece offers a transfer tax exemption for first-time buyers: the first €200,000 of a property's value for a single buyer, €250,000 for a married couple, plus €25,000 for each of the first two children and €30,000 for each additional child. Any value above that threshold is still taxed at the standard 3.09% rate. Eligibility is narrower than simply being a first-time buyer, though — it generally requires that you (and your spouse) don't already own adequate housing, and applies primarily to Greek/EU citizens residing in Greece, so many non-EU or non-resident foreign buyers will not qualify. Confirm your personal eligibility and exact threshold with a lawyer before relying on this exemption.

Notary fees are generally around 1.5% of the declared property value (with a legal minimum fee that can apply to lower-priced properties), and land registry registration fees are approximately 0.575%. Both are paid once, at the time of the purchase, and are calculated independently of whether transfer tax or VAT applies.

No — foreign buyers pay the same transfer tax, notary and land registry fees as Greek citizens. The main extra consideration for non-EU buyers is usually the Golden Visa investment threshold (if applying for residency through the purchase) and, in some border regions, an additional permit requirement that has no extra tax cost but can add processing time.

Yes — an independent lawyer is strongly recommended and is standard practice in Greek property transactions. They verify the title is free of liens or disputes, check planning and building-permit compliance, and represent your interests separately from the notary (who is a neutral public official) and the seller's agent. Legal fees are typically around 1% of the purchase price.