Transfer Tax Increase Announced for Buyers from Outside the European Union
A significant change for the Greek property market was announced by the Greek Prime Minister during the 90th Thessaloniki International Fair.
As part of the new measures concerning the housing market, the government announced an increase in the property transfer tax from 3% to 15% for buyers coming from third countries outside the European Union.
The proposed change is expected to become an important consideration for non-EU buyers planning to purchase residential property in Greece.
What could this mean in practice?
The difference between a 3% and a 15% transfer tax is substantial, particularly for higher-value property purchases.
Illustrative examples:
Property value 3% transfer tax 15% transfer tax Additional cost
€200,000 €6,000 €30,000 +€24,000
€300,000 €9,000 €45,000 +€36,000
€500,000 €15,000 €75,000 +€60,000
The figures above are illustrative calculations based solely on the announced 3% and 15% rates. They do not include other potential taxes, fees or transaction costs. The final application will depend on the legislation implementing the announced measure.
Why is this important for international buyers?
In recent years, the Greek property market has attracted strong interest from buyers outside the European Union, particularly from countries such as Israel, Türkiye, Iran and China etc.
The announced change makes careful planning even more important for buyers who are already considering a property purchase or are planning to invest in Greece in the near future.
Considering a property purchase in Greece?
At Helios Luxury Estate, we closely monitor developments in the Greek property market and keep our international clients informed about regulatory and tax changes that may affect their investment planning and overall acquisition costs.
For buyers from outside the EU, assessing the property, the total acquisition cost and the transaction timeline at an early stage may become particularly important in view of the announced changes.
Contact Helios Luxury Estate to explore available properties in Greece and receive personalised guidance throughout the purchasing process, together with our trusted network of legal, notarial and engineering professionals.
Important: The information above is based on the government announcement made at the Thessaloniki International Fair on 6 September 2026. The exact effective date, scope and detailed conditions of the measure will be determined by the relevant legislation.
A significant change for the Greek property market was announced by the Greek Prime Minister during the 90th Thessaloniki International Fair.
As part of the new measures concerning the housing market, the government announced an increase in the property transfer tax from 3% to 15% for buyers coming from third countries outside the European Union.
The proposed change is expected to become an important consideration for non-EU buyers planning to purchase residential property in Greece.
What could this mean in practice?
The difference between a 3% and a 15% transfer tax is substantial, particularly for higher-value property purchases.
Illustrative examples:
Property value 3% transfer tax 15% transfer tax Additional cost
€200,000 €6,000 €30,000 +€24,000
€300,000 €9,000 €45,000 +€36,000
€500,000 €15,000 €75,000 +€60,000
The figures above are illustrative calculations based solely on the announced 3% and 15% rates. They do not include other potential taxes, fees or transaction costs. The final application will depend on the legislation implementing the announced measure.
Why is this important for international buyers?
In recent years, the Greek property market has attracted strong interest from buyers outside the European Union, particularly from countries such as Israel, Türkiye, Iran and China etc.
The announced change makes careful planning even more important for buyers who are already considering a property purchase or are planning to invest in Greece in the near future.
Considering a property purchase in Greece?
At Helios Luxury Estate, we closely monitor developments in the Greek property market and keep our international clients informed about regulatory and tax changes that may affect their investment planning and overall acquisition costs.
For buyers from outside the EU, assessing the property, the total acquisition cost and the transaction timeline at an early stage may become particularly important in view of the announced changes.
Contact Helios Luxury Estate to explore available properties in Greece and receive personalised guidance throughout the purchasing process, together with our trusted network of legal, notarial and engineering professionals.
Important: The information above is based on the government announcement made at the Thessaloniki International Fair on 6 September 2026. The exact effective date, scope and detailed conditions of the measure will be determined by the relevant legislation.
