The Real Cost of Acquiring Property in Greece: What Buyers Should Know

Intro:
When buying property in Greece, especially in Kavala, it’s important to understand the full picture—not just the listing price. From legal fees to taxes and utility setup, knowing the total cost upfront helps you avoid surprises and plan smarter.

Let’s break it down:

1. Property Price
This is the agreed sale price, but not the only cost involved.

2. Property Transfer Tax (3.09%)
One of the biggest extra costs. It applies to the officially declared value of the property.

3. Notary, Legal & Land Registry Fees (2.5-4%)

• Notaries prepare and validate the sale contract. Their fees are regulated and vary depending on the value of the property.
• A Greek lawyer ensures the property has clear title, checks for encumbrances, and handles documentation.
• Fees for registering the property in your name with the local land registry office.

4. Other Costs to Consider:

• Utility connection or name change fees
• Annual property taxes (ENFIA)

Final Tips:

• Work with a trusted team that prioritizes transparency (like we do at Pavlidis Realty).
• Budget for a little extra-unexpected costs are common in real estate.