Cost comparison · GR vs TR

Cost of buying property: Greece vs Türkiye

Buying costs differ sharply between Greece and Türkiye. Below, the one-off purchase costs and the annual costs of ownership for each — pivoted from the same researched basis as our calculators, side by side, so you can compare like for like.

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All-in one-off cost — side by side

Greece

≈ 7–10% of price (all-in one-off, incl. fees)

All-in one-off cost — side by side

Türkiye

≈ 5–6% of price (all-in one-off, resale)

On typical all-in one-off cost, Türkiye is the lower of the two (≈ 5–6% of price (all-in one-off, resale)) — below Greece. Regional rates and your circumstances still shift the exact number.
GR

Greece

All-in estimate

≈ 7–10% of price (all-in one-off, incl. fees)

One-off costs — Greece

Transfer tax3.09%

On the assessed value of resale property. New-build 24% VAT remains suspended through 2026, so 3.09% generally applies.

Notary fees0.8–1%

Executes the deed; regulated scale plus VAT.

Legal fees1–2%

Lawyer runs title checks at the land registry / cadastre (Κτηματολόγιο) — essential, title quality varies.

Agent fees~2% + VAT

Typically paid by the buyer in Greece.

Land registry / cadastre0.5%

Registration of the deed.

Annual costs — Greece

ENFIA (property tax)0.1–0.5%

Annual, on taxable value; discounts for insured homes.

Rental income tax (if let)15–45%

Progressive on long-term rental income.

Fiscal representative (non-EU)varies

Required for non-EU non-residents for tax correspondence.

TR

Türkiye

All-in estimate

≈ 5–6% of price (all-in one-off, resale)

One-off costs — Türkiye

Title-deed fee (tapu harcı)4%

Of the declared value; legally split 2%/2% buyer/seller but usually paid in full by the buyer. Base it on the real price.

GEDAŞ valuation₺ fixed fee

Compulsory SPK-licensed valuation for foreign purchases (GEDAŞ for citizenship files).

DASK earthquake insurancelow annual

Compulsory before utilities/deed registration; modest premium.

Notary + translationvaries

Sworn translator and notary for non-Turkish speakers.

VAT (KDV) on new-builds1/10/20% — or 0%

Exempt if you are a non-resident paying in foreign currency via a DAB and hold 1 year. Resale between individuals: no VAT.

Annual costs — Türkiye

Property tax (emlak vergisi)0.1–0.3%

Annual municipal tax; higher in metropolitan areas.

Rental income tax (if let)progressive

Residential rent below ₺58,000 (2026) exempt; above that, progressive rates.

Building dues (aidat)varies

Site/complex maintenance fees, common in apartment compounds.

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Frequently asked

Is it cheaper to buy property in Greece or Türkiye?

Typical all-in one-off costs are ≈ 7–10% of price (all-in one-off, incl. fees) in Greece and ≈ 5–6% of price (all-in one-off, resale) in Türkiye. Compare the full breakdowns above and use each country's calculator for a price-specific figure before deciding.

How much does it cost to buy property in Greece?

Transfer tax is low at just 3.09% on resale property, but notary, legal, agent and registry fees push the all-in cost to roughly 7–10% of the price. New-build VAT (24%) remains suspended through 2026, so 3.09% generally applies in practice.

How much does it cost to buy property in Türkiye?

The main cost is the 4% title-deed fee (tapu harcı). Add a compulsory valuation, mandatory DASK earthquake insurance, and notary/translation, and the all-in one-off cost is roughly 5–6% of the price for a resale. Always base the tapu fee on the real price, not an under-declared figure.

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Figures are 2026 estimates given as ranges; regional rates and personal circumstances vary. Use the calculator for a price-specific figure and confirm with a local professional before committing.