Buying Property in Athens: 2024 Guide

Buying property in Athens is one of the most important investments you can make. In recent years, the Greek real estate market has shown significant recovery, with prices rising steadily.

Why Invest in Athens

Athens offers unique investment opportunities. Tourism development has increased demand for short-term rentals, while the regeneration of many neighborhoods has attracted new capital.

What to Watch Out For

Before any purchase, it is essential to check the title deed, any encumbrances or mortgages, and consult a lawyer. Working with a reliable real estate agent is also critical.

Tax Obligations

When purchasing property, a transfer tax of 3.09% on the objective value is paid. There are also transfer fees and other costs that you need to factor into your budget.

Financing

Greek banks offer mortgage loans with competitive interest rates. PM Real Estate works with financial advisors to help you find the best financing.