How the buying process works in Greece: step-by-step guide

Buying a home in Greece is an exciting step, whether you are looking for a second home, a place to visit more often, or considering a new phase in life. Although the process can differ from the Netherlands, it is structured and manageable when properly guided.

Below, you will find a clear step-by-step overview of the buying process in Greece.

1. Applying for a Greek tax number (AFM)

Before you start the buying process, you need a Greek tax number, known as an AFM.

This number is required for:

• Opening a Greek bank account
• Applying for a mortgage
• Completing the purchase

Applying for an AFM is a relatively simple process, but it is an essential first step.

2. Determining your budget and mortgage preparation

Once you have an AFM, you can map out your financial possibilities.

If you need financing, it is wise to arrange mortgage preparation or pre-approval. This helps you to:

• Clearly define your budget
• Be in a stronger position when making an offer

3. Choosing the right region

Greece offers a wide variety of regions, from cities such as Athens and Thessaloniki to islands such as Crete, Paros, and Corfu.

The right choice depends on:

• Your lifestyle
• Accessibility from the Netherlands
• Whether you will use the property yourself or partly rent it out

4. Starting the property search

With a clear budget and region, you can start searching for suitable properties.

This includes:

• Reviewing available listings
• Planning viewings, either in person or remotely
• Comparing different options

Guidance from a local expert can add significant value at this stage.

5. Making an offer and negotiating

Once you have found the right property, you make an offer.

This may include:

• Negotiating the price
• Agreeing on conditions
• Possibly signing a preliminary purchase agreement

Good guidance during this stage helps you reach a fair deal.

6. Legal due diligence

This is one of the most important steps in the process.

A lawyer checks:

• Ownership rights and title deeds
• Any debts or restrictions
• Whether the property complies with regulations

Only after this review do you move forward with the purchase.

7. Opening a Greek bank account

A Greek bank account is needed to make payments.

This is usually opened after obtaining the AFM and during the buying process.

8. Signing the purchase contract at the notary

The final purchase agreement is signed at the notary.

During this step:

• The contract is confirmed
• The payment is completed
• Ownership is officially transferred

9. Registration of the property

After signing, the property is registered in the Greek land registry.

This ensures that:

• Ownership is officially recorded
• Your rights as the owner are protected

10. After the purchase: furnishing and management

After the purchase, you can prepare the property for use.

Consider:

• Connecting utilities
• Property management, if needed
• Furnishing the home

Why understanding the process matters

Buying a home in Greece is manageable when you understand the process and have the right guidance.

This helps you to:

• Limit risks
• Make well-considered decisions
• Move through the buying process with confidence

Considering buying a home in Greece?

At Living Greece, we guide Dutch and international buyers through the entire buying process. From choosing the right region to legal support and the final transfer.

Whether you are looking for a second home or simply exploring your options, we help you make the right decisions from start to finish.