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)
Greece
All-in estimate
≈ 7–10% of price (all-in one-off, incl. fees)
One-off costs — Greece
On the assessed value of resale property. New-build 24% VAT remains suspended through 2026, so 3.09% generally applies.
Executes the deed; regulated scale plus VAT.
Lawyer runs title checks at the land registry / cadastre (Κτηματολόγιο) — essential, title quality varies.
Typically paid by the buyer in Greece.
Registration of the deed.
Annual costs — Greece
Annual, on taxable value; discounts for insured homes.
Progressive on long-term rental income.
Required for non-EU non-residents for tax correspondence.
Türkiye
All-in estimate
≈ 5–6% of price (all-in one-off, resale)
One-off costs — Türkiye
Of the declared value; legally split 2%/2% buyer/seller but usually paid in full by the buyer. Base it on the real price.
Compulsory SPK-licensed valuation for foreign purchases (GEDAŞ for citizenship files).
Compulsory before utilities/deed registration; modest premium.
Sworn translator and notary for non-Turkish speakers.
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
Annual municipal tax; higher in metropolitan areas.
Residential rent below ₺58,000 (2026) exempt; above that, progressive rates.
Site/complex maintenance fees, common in apartment compounds.
Costs are only half the decision. Get fair-price analysis, legal flags and rental ROI for a specific address.
Run the full dossier on a property →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.