Property for sale in Greece. MagnoliaProperty.com advertises properties in Greece for sale by owner.

Selling a property in Greece?

0% Commission. Save thousands.
Huge exposure Worldwide
Your property on:

Sell your property in Greece

Latest Properties in Greece

Dodecanese Islands > Livadia Tilos

€220,000 102m²3 bed

Located on a quiet village street, this property includes two self-contained apartments, a studio, sea views, and a walking distance to local shops and restaurants.

Peloponnese > Korfos

€60,000 517m²

A seaside resort plot in Amoni, Peloponnese, measures 517 m2, with potential for a 200 m2 build and 100 m2 basement. Nearby activities include boating and fishing.

Premium Listing

West Greece > Patras

€300,000 240m²6 bed

This two-storey detached home, constructed in 2004, spans 240 m² and includes an open-plan living room and kitchen, two bathrooms, and a garden.

Central Macedonia > Polygyros

€109,000 90m²2 bed

A 90 square metre, 2-bedroom flat in Polygyros, complete with mountain views, autonomous heating and recent plumbing and electrical updates.

Crete > Chania

€179,000 62m²1 bed

This is a 62 sqm fisherman's house in Nea Chora, requiring renovation, with potential to expand up to 132 sqm. It includes two yards, 24 sqm and 9 sqm.

Premium Listing

Ionian Islands > Alikanas

€280,000 5404.11m²

This 5,404 m² plot is zoned for building and contains over 120 mature olive trees. It's located just 360 m from the stunning Alikanas Beach with municipal road access.

View all properties in Greece

Property in Greece

Buying property in Greece is a worthwhile investment venture with a plethora of attractive options for both locals and expatriates. The popular regions to consider include Athens, the capital city which offers a bustling urban lifestyle with a blend of history and modernity; Santorini and Mykonos, famous for their picturesque beauty and vibrant nightlife; and Thessaloniki, the second-largest city, known for its rich cultural heritage and youthful energy.

Investment opportunities in Greece are vast. With the government's Golden Visa program, non-EU investors can gain residency by purchasing property valued at a minimum of €250,000. This has led to a surge in real estate investments, particularly in Athens, which offers high rental yields due to its popularity as a tourist destination. Moreover, the recent economic downturn has made property prices more affordable, creating a buyer's market.

For expatriates, certain areas in Greece are particularly friendly and accommodating. The southern suburbs of Athens, such as Glyfada and Voula, are favored by expats due to their proximity to international schools, beaches, and the city center. Crete is another expat-friendly region with a welcoming international community, mild climate, and a laid-back lifestyle.

In conclusion, buying property in Greece can be a rewarding investment due to its attractive prices, residency programs, and the country's inherent charm and beauty. As with any investment, it is crucial to carry out comprehensive research and consider hiring a real estate agent familiar with the local market to navigate potential challenges.

Buying property in Greece FAQs

Can foreigners buy property in Greece?

Yes. Foreign nationals, including non-EU citizens, can legally buy property in Greece. The process usually involves obtaining a Greek tax number (AFM), opening a local bank account, and completing the purchase through a notary with the help of a lawyer.

How much does property in Greece typically cost?

Prices vary by location. In Athens and mainland towns, apartments can start below €100,000, while villas on popular islands such as Crete, Corfu, and Rhodes may range from €300,000 to several million euros. Overall, homes in Greece remain competitively priced compared to other Mediterranean countries.

What are the annual costs of owning a home in Greece?

Owners pay the yearly ENFIA property tax, along with utility bills and general maintenance. Costs are usually lower than in many Western European countries. Some apartment buildings and resorts also charge communal service fees.

Does buying a property in Greece qualify me for residency?

Yes. Through the Greek Golden Visa programme, anyone who invests at least €250,000 in real estate can apply for residency. This permit covers the buyer and their family members, offering long-term access to Greece and the wider Schengen area.

Is now a good time to buy property in Greece?

Yes. The Greek property market has grown steadily in recent years, with demand from both local and international buyers. Prices are still competitive compared to Spain, Italy, and Portugal, and Greece offers strong rental potential in tourist areas. Many buyers see current conditions as a good opportunity to invest.