Greece combines relatively low ownership taxes with a residency programme that recently became more expensive in the most popular areas. General information only.
This is general information, not tax, legal or financial advice. Rates and rules are summarised as of early 2026, vary by region and property value, and change frequently. Onora does not verify figures or give advice — always confirm with a qualified local adviser before acting. See our disclaimer.
At a glance
| Tax | Indicative basis (early 2026) |
|---|---|
| Transfer tax (resale) | ~3.09% of value |
| VAT (new-build) | 24% — periodically suspended for new builds |
| Annual property tax (ENFIA) | value-based, generally modest |
| Rental income (non-resident) | 15% / 35% / 45% progressive bands |
| Capital gains | 15% — application repeatedly suspended |
At purchase
A resale property attracts a transfer tax of about 3.09% of the taxable value. New-build property is technically subject to 24% VAT, but VAT on new builds has been suspended for extended periods — confirm the position for the specific property and year. Add notary, lawyer and land-registry fees (~1.5–2%, often more on islands).
During ownership
ENFIA is the annual property tax, based on size, location and features. For typical holiday or rental property it is generally modest relative to southern-European peers.
Rental income
Rental income is taxed on a progressive scale: broadly 15% up to €12,000, 35% from €12,000 to €35,000, and 45% above — the same bands that apply to residents, applied to the Greek-source income of non-residents.
On sale
A 15% capital-gains tax on property is on the books, but its application has been repeatedly suspended — meaning property gains have often not been taxed. Because this is a recurring suspension rather than a repeal, confirm the current status before relying on it.
Residency & "Golden Visa"
Greece's Golden Visa thresholds rose in 2024. In high-demand areas — Athens, Thessaloniki, Mykonos, Santorini and islands above a population threshold — the minimum property investment is now €800,000; in most other areas it is €400,000, with conditions on the type and size of property. This is still one of Europe's more accessible residency-by-investment routes, but no longer the cheapest.
In short
- Low ~3% transfer tax on resale; ENFIA is modest; VAT on new builds is often suspended.
- Rental income is taxed on progressive bands (15%/35%/45%).
- Golden Visa now €800k in prime areas, €400k elsewhere — verify current thresholds.
This is general information, not tax, legal or financial advice. Rates and rules are summarised as of early 2026, vary by region and property value, and change frequently. Onora does not verify figures or give advice — always confirm with a qualified local adviser before acting. See our disclaimer.
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