Cost comparison · PT vs GR

Cost of buying property: Portugal vs Greece

Buying costs differ sharply between Portugal and Greece. 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.

Last updated:

All-in one-off cost — side by side

Portugal

≈ 6–8% of price (all-in one-off)

All-in one-off cost — side by side

Greece

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

Both markets land in a broadly similar all-in one-off cost range — the deciding factors are usually annual costs, tax on rental income, and residency rules.
PT

Portugal

All-in estimate

≈ 6–8% of price (all-in one-off)

One-off costs — Portugal

Transfer tax (IMT)0–8%

Progressive. For 2026 the brackets are uplifted so IMT only bites above ~€106,346, rising to a top marginal band of ~7.5–8% on higher-value homes.

Stamp duty (Imposto do Selo)0.8%

Flat, on the deed value.

Notary + registration0.5–1%

Notary deed (escritura) and Land Registry / conservatória.

Legal / conveyancing1–1.5%

Independent lawyer (advogado); reviews the CPCV and runs title checks.

Fiscal representative (non-EU)€150–300/yr

Required for non-EU non-residents until you become resident.

Annual costs — Portugal

IMI (municipal property tax)0.3–0.45%

Annual, on the taxable (VPT) value.

AIMI (wealth surcharge)0.7–1.5%

Only on the portion of Portuguese property value above €600,000 per owner.

Rental income tax (if let)25%

Flat on net rent for non-residents; progressive if resident.

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.

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 Portugal or Greece?

Typical all-in one-off costs are ≈ 6–8% of price (all-in one-off) in Portugal and ≈ 7–10% of price (all-in one-off, incl. fees) in Greece. 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 a house in Portugal?

Budget roughly 6–8% of the price all-in: progressive IMT transfer tax (up to ~7.5–8% on higher-value homes, less on cheaper ones), 0.8% stamp duty, plus notary, registration and legal fees of about 1.5–2.5% combined.

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.

More cost comparisons

Buying in Portugal/Greece? Get the rule & tax updates by email.

Occasional notes when taxes, visas or rules change in Portugal/Greece. No spam — unsubscribe anytime.

We'll only email you about relevant changes.

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.