Can Australians Buy Property in Greece? | Complete Guide

Can Australians Buy Property in Greece

Dreaming of owning a holiday home on a sun-drenched Greek island? You're not alone. For many Australians, Greece offers the perfect combination of lifestyle, culture, and investment opportunity. However, a common question often arises: Can Australians purchase property in Greece?

The short answer is yes, Australians are fully allowed to purchase real estate in Greece. However, navigating the process from abroad can be complex without the right support. From legal paperwork to finding the right location and managing the transaction remotely, there are many factors to consider.

At iLand, we specialize in helping clients from Australia successfully Purchase Property in Greece with confidence and peace of mind. Whether you're looking for a retirement retreat, a holiday villa, or a smart investment, our team takes care of every detail, from property search and legal due diligence to residency guidance and after-sale services.

If you're an Australian buying property in Greece, you're not just purchasing real estate you're investing in a lifestyle. Let us help you make that dream a reality.

 

Can Australians Buy Property in Greece?

Yes, Australians can buy property in Greece. There are no legal restrictions on Australian citizens who wish to buy property in Greece. If you want to buy a holiday home, an investment property, or live in Greece permanently, Australians are entitled to own property in mainland Greece and the islands.

However, the process involves some legal and financial requirements, including obtaining a Greek tax number (AFM), opening a Greek bank account, engaging a Greek lawyer, and completing the transaction with a notary. Although the regulations are straightforward, navigating them from abroad can be a complex process.

This is why iland provides tailored services for Australians purchasing property in Greece, from legal services and property searching to full coordination of the purchase, as well as assistance with residency options, such as the Golden Visa. With us by your side, owning a slice of Greece is not just an option; it is easier than you think.

Can Americans Buy Property in Greece? If you want to know more, click on the link and learn more in the other article.

 

Buying Property in Greece from Australia | Step-by-Step

For Australians looking to purchase property in Greece, you will undoubtedly have questions. Do I need to go to Greece? Do I require a visa? Do I need a Greek bank account? The good news is that you can do the entire property deal from Australia! Below is a brief and simple guide to get you started.

  1. No visa required to buy
    Needless to say, you do not need a visa to buy property in Greece. Australians can own property in Greece. Moreover, you do not need to come from an EU country. If you intend to stay in Greece for a period longer than 90 days within 180 days, then yes, you will need to obtain a residence permit, such as the Golden Visa. We can help you with this!

  2. You do not normally need to go to Greece (unless you want to)
    Many Australians personally purchase property in Greece without ever having to visit Greece. With the assistance of our Greek legal team and Power of Attorney, you can entrust them to handle everything, including obtaining your tax ID and signing the final papers. That said, of course, if you wish to visit Greece, we will arrange property inspections and meetings.

  3. You'll Need a Greek Tax Number (AFM)
    This is a mandatory requirement for buying property. The AFM (Arithmos Forologikou Mitroou) is your personal tax ID in Greece and is needed to complete any real estate transaction.

  4. Greek Bank Account: Optional But Recommended
    While it's not legally required, opening a Greek bank account is highly recommended for practical reasons. It makes transferring funds, paying taxes, and handling transaction costs much easier. We assist you in setting up a bank account, including all required documentation and communication with the bank.

  5. Legal Support & Due Diligence
    You must have a Greek lawyer to represent you, especially if you're buying from abroad. Your lawyer will:
    - Check the property's legal status
    - Ensure there are no debts or restrictions
    - Draft and review all contracts
    - Handle negotiations

  6. Signing and Registering the Deed
    The pickup of your property in Greece must be concluded in the presence of a public notary. A purchase is only registered at the Land Registry after the contract has been signed, thereby establishing your land title. Please contact our local team if you are not in Greece - we can assist with this under Power of Attorney (PoA).

  7. Taxes and Fees
    The typical costs involved at completion are between 7–10% of the value of the property. These costs include:
    - Transfer Tax (3%)
    - Notary fees
    - Legal Fees
    - Registration fees
    - Agent commissions
    Before you purchase your property, our team will provide you with a comprehensive cost breakdown, ensuring there are no surprises.

  8. Optional Golden Visa for Your Residency
    You might be able to obtain the Greek Golden Visa if your property investment is €250,000 or more. As long as your investment is €250,000 or more, you can apply as a family to be granted a renewable 5-year residency & visit to the Schengen Zone. Should you be eligible & interested, we will manage the whole Golden Visa process on your behalf.

 

Buying Property in Greece from Australia | Step-by-Step

 

Buying Property in Greece from Australia Remotely: Is it Possible?

Yes, purchasing property in Greece remotely from Australia is entirely feasible and is becoming more popular. With the right team and legal support, Australians can buy Greek real estate without ever setting foot in Greece throughout the process.

Whether you are interested in a seaside villa, an apartment in a city, or a long-term investment opportunity, you don't have to travel to Greece to purchase the property. Many of our Australian clients are successfully buying property in Greece without having to travel there, thanks to advanced technological tools and our local professional support.

 

Why Choose iLand to Buy Remote Property?

Here at iLand, our passion is helping Australians buy property in Greece, even when you're not in Greece. Our team of experts connects you to trusted legal professionals, notaries, banks, and estate agents throughout Greece, offering a fully managed and secure buying experience.
What We Offer:

  • Initial complimentary consultation

  • Step-by-step process catered to you

  • Remote coordination of your full legal & financial steps

  • Post-purchase support (rental, renovations, utilities, etc.)

How to Get Started

If you are considering the prospect of buying property in Greece from Australia without having the hassle of international travel or dealing with bureaucracy, iland can help you.
Contact us today for your complimentary consultation and begin the journey to owning a property in Greece with no passport stamp required.

 

Average Price of Property in Greece (2025)

The unimpeachable property offerings in Greece are incredibly appealing. Greece's property prices can vary significantly, depending on region, demand, and developer. Whether you're looking for a beachfront villa, an apartment in the city center, or a property for a holiday retreat, please note that property prices vary by region. It would be helpful to familiarize yourself with the price differences in each regional area.

Region / City

Average Price (€/m²)

Notes

Southern Athens Suburbs

€3,946

High-end areas like Vouliagmeni reach up to €7,438/m².

Attica (Greater Athens)

€2,944

Includes central Athens and surrounding suburbs.

Central Athens

€2,524

Strong demand from both locals and international investors.

Piraeus (Athens Port Area)

€2,471

Significant growth due to infrastructure projects and Golden Visa interest.

Thessaloniki (City Center)

€2,342

Northern Greece's largest city with a vibrant urban market.

Crete (Heraklion & Chania)

€2,268

Popular among foreign buyers; offers a mix of city and coastal properties.

Ionian Islands (e.g., Zakynthos)

€2,742

Tourist hotspots with properties ranging from €1,800 to €2,500/m².

Aegean Islands (e.g., Mykonos, Santorini)

€3,329

Luxury destinations with premium pricing.

Thessaly

€1,246

Among the most affordable regions; ideal for budget-conscious buyers.

Western Macedonia (e.g., Kastoria)

€566

Lowest average prices; opportunities for value investments.

Key Insights for Australian Buyers

  • Urban Centres: Athens and Thessaloniki remain prime locations due to their robust economic activity and well-developed infrastructure.

  • Island Properties: The Aegean and Ionian Islands offer picturesque settings but come with higher price tags.

  • Affordable Regions: Areas such as Thessaly and Western Macedonia offer cost-effective options, making them suitable for those seeking long-term investments or vacation homes without the premium prices.

How to Get a Greece Golden Visa Card, and What are the Conditions? If you want to know, contact us Today.

 

The Best Places for Buying Property in Greece from Australia

Purchasing property in Greece from Australia can be an exciting lifestyle change and a fantastic investment. However, with probably the best islands, cities rich in history, and picturesque villages to choose from, where do you begin?
Below are the options we consider the best for Australians looking to purchase property in Greece based on lifestyle, property prices, investment returns, accessibility, and rental opportunities.

1. Athens: the Capital of Culture and Opportunity

Athens has a unique profile that embraces an ancient lifestyle mixed with a robust modern system of services. Athens is a popular option for Australians seeking a permanent or semi-permanent lifestyle in Greece.
Athens offers a diverse range of options and a selection of residential buildings, from renovated apartments in the city to brand-new penthouses.
The rental market in Athens is extremely buoyant, especially in the centre (Kolonaki, Koukaki and Plaka)
There are great options for Golden Visa in Athens (properties over €250,000)
Athens appeals to Australian investors, digital nomads, and Australians who prefer a big city lifestyle and want convenient access to culture, education, and medical facilities.

Athens: the Capital of Culture and Opportunity

 

2. Thessaloniki: High-energy and affordable, the underdog.

Greece's second-largest city has a youthful vibe, is home to numerous students (a university town), and is experiencing rapid growth.

The benefits of property:

  • Generally less expensive than Athens (~€2,300/m²).  

  • A significant demand for long-term rentals from students and workers (local jobs).

  • Waterfront (with sea views) and tourism (potentially strong rental demand from tourists).

Budget buyers, first property investors, and Australians that value city living without Athens prices.

Thessaloniki: High-energy and affordable, the underdog.

 

3. Crete: The largest island with a big heart.

Greece's largest island is filled with so many beautiful beaches, mountains, traditional villages and cities (Chania and Heraklion)

Benefits of property:

  • A great combination of rural and urban properties is available.

  • Its great location is popular with expats, retirees, and people seeking the island lifestyle.

  • Strong holiday rentals.

Australians with the dream of living on an island with nearby international airports and suitable for all-year-round living.

Crete: The largest island with a big heart.

 

4. The Cyclades (Mykonos, Santorini, Paros): Luxury & tourist destinations

The world-famous islands are popular with travellers from all over the world, including celebs and high-end buyers.

  • Good resale value.

  • Good holiday rental returns.

  • Beautiful architecture and views.

Investors are looking for high-end property or holiday homes with good returns on investment.

The Cyclades (Mykonos, Santorini, Paros): Luxury & tourist destinations

 

5. The Peloponnese: True Greece, Close to Athens

Thick in nature, rich in history, and only a couple of hours from Athens.

  • Cheaper than the Islands.

  • Beaches, mountains, and archaeological sites.

  • Less touristy, more true Greek life.

Australians are seeking quiet, privacy, and plenty of it. Old-style living.

The Peloponnese: True Greece, Close to Athens

 

6. The Ionian Islands? (Corfu, Zakynthos, Lefkada) - Beautiful, Quiet, Family-oriented

They are renowned for their lush green foliage, stunning landscapes, and tranquil seas, making them ideal for families and extended stays.

  • Balance of locals and foreigners buying property.

  • Strong border community.

  • Relatively easy access to either airport and port.

Families, retirees and/or slow-living.

The Ionian Islands? (Corfu, Zakynthos, Lefkada) - Beautiful, Quiet, Family-oriented

 

Let iLand Guide Your Greek Property Journey.

At iLand, we help Australians find the right property in the right location, tailored to their budget, goals, and lifestyle. Whether you're looking for a holiday home, a retirement plan, a smart investment for rental income or a Golden Visa, our team of experts will guide you every step of the way, from property selection to legal processing and beyond.

Want help deciding where to invest?

Book your free consultation with our team today and explore the best options in Greece without leaving Australia.

How to Invest in Greece Real Estate? If you want to know the best ways, contact us.

 

Conclusion: Your Greek Property Journey Starts Here

Buying property in Greece from Australia is not just possible, it's a smart, rewarding, and accessible investment. Whether you’re drawn to the vibrant life of Athens, the stunning Greek islands, or the serene mainland, iLand is here to help you find the perfect property to call home or to grow your investment portfolio.
With iLand, concerns about foreign property laws, language barriers, or complex paperwork become a thing of the past. From choosing the ideal location and property to navigating legal procedures, opening bank accounts, and managing everything remotely, our comprehensive A-to-Z service has you covered.

  • Personalised support

  • Local knowledge in Greece

  • Full support with legal, financial and residency

  • Remote Property Purchasing Options

If you're looking for the best places to buy property in Greece, check out the other article for more information.

 

Ready to discover your next opportunity in Greece?

Contact us today for a free consultation and discover how iLand can transform your Greek property dreams into a safe, seamless, and professional reality.

News

Keep up with the latest updates on the industry of real estate investments.

Which Country has the Cheapest Citizenship by Investment in Europe?

Today, flexibility, freedom of movement, and financial security are more important than ever before, and today, second citizenship is not merely a luxury; it has become an…
READ MORE

What are the best places to buy property in Greece?

Greece was soon one of the most sought-after countries in Europe to invest in real estate and there is good reason why!Its generally perfect Mediterranean climate, breathtaking…
READ MORE

How to apply for a Greek Passport? (All you need to know)

When applying for a Greek passport, it is not just a travel document, you are obtaining an opportunity in the European Union to live, work, and travel across 27 countries. It is a…
READ MORE

Athens vs Thessaloniki: Which is Better to Live?

People who want to move to Greece or plan a visit or investigate property investments face a decision between Athens and Thessaloniki since these cities represent the country's…
READ MORE

Retiring to Greece from the UK

Survey Finds Greece as the Top Choice for UK Retirees Seeking Affordable RelocationPortugal follows on 2nd placeAccording to a recent survey conducted by British insurance company…
READ MORE

Buying Property in Greece as an American | Important Tips

Imagine starting your day with the soothing sound of waves on a Greek island, coffee in hand, a good book nearby, and the sparkling blue Aegean Sea stretching out before you. This…
READ MORE

What are the Advantages and Disadvantages of Dual Citizenship?

With increasing globalization in the world today, dual citizenship is no longer just a legal status but an empowering opportunity for freedom, flexibility, and opportunity. For…
READ MORE

What is the Difference Between Citizenship and Residency?

The world has never been more global, and the desire to live or invest abroad has never been stronger. People want to create opportunities and are prepared to do so elsewhere, for…
READ MORE

iLand’s 2024 Milestones

Honoring a Legacy, Building the Future: iLand’s Journey Through 2024We began 2024 with an immense loss—the passing of our co-founder and chairman, Mr. Farshad Fouladi. It was a…
READ MORE

Obtaining a Greek Passport for Children with Greek Residency: A Comprehensive Guide

Greece, with its rich history, stunning landscapes, and vibrant culture, is a dream destination for many. For families who have secured a Greece residence visa, the next logical…
READ MORE

Residence Permit Renewal in Greece: Temporary vs. Permanent

Greece, renowned for its rich history, stunning landscapes, and vibrant culture, continues to attract expatriates, students, and professionals from around the globe. Whether you'…
READ MORE

What is Jus Soli?

In the complex and ever-evolving world of citizenship laws, one concept stands out as both fascinating and impactful: Jus Soli, or "right of the soil." This legal principle…
READ MORE

Cost of Living in Athens 2025

Athens, the historical and cultural capital of Greece, is one of the most popular destinations for expats and tourists alike. With its unique blend of rich history, Mediterranean…
READ MORE

Wishing You a Prosperous and Joyful New Year

As we close the chapter on this year and step into a new one, I want to take a moment to reflect on the journey we’ve shared and express my heartfelt gratitude. At iLand, we are…
READ MORE

Complete Guide to Apostille in Greece

In international legal and business affairs, understanding the document legalisation (legalization) process is crucial, especially in countries like Greece that have specific…
READ MORE

Guide to Declaring Cash When Traveling to Greece and Europe

Traveling internationally with large amounts of cash requires adhering to customs regulations. If you are going to Greece to obtain your Greece Golden Visa, or after you have…
READ MORE

Comparing Golden Visa Tax Advantages Across Europe

Golden Visa programs have emerged as a popular choice for individuals seeking residency and citizenship in Europe. These programs often come with significant tax advantages,…
READ MORE

Eco-Tourism in Greece

Greece, a land of timeless beauty and rich cultural heritage, is emerging as a hub for eco-tourism. With its picturesque landscapes, historical treasures, and vibrant traditions,…
READ MORE

Greece in Winter

When people think of Greece, sun-kissed islands and turquoise waters often come to mind. However, Greece in winter is an entirely different experience, full of charm, tranquility…
READ MORE

Top Greek Cities for International Students

Dreaming of studying in a sun-kissed Mediterranean paradise? Greece, with its rich history, vibrant culture, and affordable living costs, offers an exceptional study abroad…
READ MORE

Greece’s Best Lesser-Known Islands for Expats

For many expats, Greece has long been a dream destination with its warm climate, Mediterranean charm, and welcoming culture. However, some of Greece's more popular islands—think…
READ MORE

International Education in Greece

Planning a move to Greece with your family? Selecting the right school is a key part of creating a successful transition for your child. Greece’s international schools offer…
READ MORE

Education Excellence: Top 5 Universities in Greece

Greece, a land known for its ancient civilization and historical significance, is also home to some of the finest universities in Europe. If you're contemplating higher education…
READ MORE

10 Hidden Gems: Unveiling Athens' Most Unique Cafes

Tired of generic cafes on your Athens adventure? This curated list reveals 10 hidden gems—unique cafes that capture the essence of Athens’ character. From traditional spots to…
READ MORE

Unlock Greece: Learn Modern Greek with the National and Kapodistrian University of Athens

Considering working, studying, or simply connecting with Greece? Learning Modern Greek can open doors to rich cultural experiences and professional opportunities. The Modern Greek…
READ MORE