Record investments transform Crete's western capital into premium destination The Chania prefecture in western Crete is experiencing a significant wave of investment activity, particularly in the tourism and infrastructure sectors, marking it as one of Greece's most dynamic regional markets. With state support, private capital, and ambitious development projects, the region is positioning itself as a...

Crete is experiencing an unprecedented wave of investment activity, with major public and private projects totaling over €5 billion transforming the island's infrastructure and tourism landscape. The Greek island has emerged as a hotspot for both domestic and international investors, particularly in the luxury tourism sector, as major developments promise to elevate Crete's position as a premier...

Common Problems in Property Transfers in Greece Transferring property in Greece—whether through a sale, inheritance, or donation—is a complex process that involves multiple legal, technical, and bureaucratic steps. While the digital transition (e.g. myProperty platform) has improved efficiency, many issues still arise that can delay or even block a transaction. ✅ The most common problems...

🏠 Property Purchase Costs in Greece Buying property in Greece involves a variety of costs beyond the sale price. Most of these costs are borne by the buyer and should be taken into account in order to properly plan the transaction. ✅ Detailed Breakdown of Key Expenses: 1. Property Transfer Tax (Φ.Μ.Α.) 3% on the higher value between the objective tax value and the contractual...

What procedures and documents are required for a property sale and purchase in Greece? The sale and purchase of a property is a process that is best handled with the help of professionals. These professionals include attorneys representing both parties, a notary public, and typically an engineer appointed by the buyer. Below, we outline the essential documents and procedures needed for a successful...

Greek Real Estate: Boom or a Bubble After the Golden Visa? The Greek real estate market is undergoing a dramatic transformation, driven primarily by Foreign Direct Investment (FDI) linked to the Golden Visa program. With over €2.3 billion invested in 2024 alone and thousands of residential transactions, the sector has emerged as a key pillar of the country’s economic recovery. However,...

Nationwide Survey – RE/MAX Hellas 2024Profile of Real Estate Transactions by Property Size Apartments ranging from 76 to 100 square meters were the top choice nationwide for the majority of buyers who acquired a residence in 2024, according to the national survey by RE/MAX Hellas, the largest real estate network in the country. Specifically, buyer interest in this property size category reached...

Greece’s Real Estate Boom: Bubble or Sustainable Growth After the Golden Visa Shift 1. Surge in Investment & the Golden Visa Effect In 2024, Greece attracted over €2.3 billion in Foreign Direct Investment (FDI) in real estate, a significant share of which stemmed from the Golden Visa program. Despite the increase in the minimum investment threshold, application volumes jumped by 12% in...