Buying property in Greece: how it differs from the Netherlands

If you are considering buying a home in Greece, it is important to understand how the process differs from the Netherlands.

While both countries have structured systems, there are clear differences in legal steps, financing, and responsibilities. By understanding these differences, you can avoid surprises and approach the buying process with greater confidence.

Below are the key differences.

1. The role of a lawyer is essential in Greece

In the Netherlands, the notary plays a central role, and a lawyer is usually not required.

In Greece, this is different.

A lawyer is responsible for:

• Legal due diligence
• Verifying ownership rights
• Identifying debts or restrictions

The lawyer is therefore one of the most important parties in the buying process.

2. A Greek tax number (AFM) is mandatory

In Greece, you need a Greek tax number (AFM) before you can proceed with the purchase.

This is required for:

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

This step does not exist in the same way in the Netherlands.

3. Financing and mortgages work differently

Mortgages in Greece differ from those in the Netherlands.

Key differences:

• Lower loan-to-value (often up to 60–65%)
• Shorter loan terms
• More documentation required

Many buyers choose to purchase (partly) with their own funds.

4. The buying process is more legally intensive

In the Netherlands, the process is highly standardized.

In Greece:

• Each purchase is more tailored
• Legal checks are more extensive
• Documentation can vary per property

Professional guidance is therefore especially important.

5. Property condition and documentation

In the Netherlands, properties are often well documented and standardized.

In Greece:

• Older properties are common
• Documentation can vary significantly
• Additional checks may be required

Thorough legal and technical due diligence is essential.

6. Cost structure is different

The cost structure in Greece differs from the Netherlands.

You should take into account:

• Transfer tax (approx. 3%)
• Legal fees
• Notary fees
• Real estate agent fees

In the Netherlands, costs are more focused on the notary and transfer tax, with less legal involvement.

7. What to arrange after the purchase

After buying a property in Greece, there are still practical steps to complete:

• Connecting utilities
• Registering the property
• Arranging property management (if needed)

This often requires more coordination than in the Netherlands.

Why understanding these differences matters

Buying a home in Greece is not more difficult — but it is different.

By understanding these differences:

• You avoid misunderstandings
• You make better decisions
• You approach the process with more confidence

With the right guidance, the process becomes clear and manageable.

Considering buying a home in Greece?

At Living Greece, we help Dutch and international buyers understand the differences between the Greek and Dutch markets.

From the initial orientation to the final purchase, we ensure a clear, structured, and reliable process.

Whether you are looking for a second home or exploring your options, we guide you step by step.