What to Know After Purchasing a Property Through the Greek Golden Visa Program

Purchasing a home in Greece through the Golden Visa program is more than a smart investment, it’s an entryway to European residency and a lifestyle upgrade. Yet, once the property purchase is complete, new owners often face a less exciting but essential part of ownership: understanding their tax obligations.

At Oikos Property Developments, most of our clients acquire newly renovated apartments in converted buildings, which means that their purchase is not subject to VAT (24%), but instead to a much lower property transfer tax of 3%. Beyond the purchase itself, investors must also manage annual property taxes and other formalities to remain compliant.

Here’s what every non-EU buyer should know, and how our After-Sales Department makes this process smooth and worry-free.


What is the annual ENFIA property tax in Greece?

All property owners in Greece, including non-EU residents, must pay the ENFIA annual ownership tax. It’s calculated based on location, size, age, and usage, and is paid in 12 monthly instalments.

Typical range:
For an apartment valued at €250,000, ENFIA is usually between €350 and €700 per year.
Our After Sales Team handles E9 declarations, monitors payment deadlines, and ensures that each property owner remains fully compliant.


Is rental income taxable for non-EU property owners?

Yes. Non-EU property owners must declare and pay income tax on rental earnings from their Greek property, even if they are tax residents abroad.

Current tax brackets (2025):

  • Up to €12,000 → 15%
  • €12,001 – €35,000 → 35%
  • Above €35,000 → 45%

Example:
If an apartment earns €15,000 per year:

  • The first €12,000 → €1,800 (15%)
  • The remaining €3,000 → €1,050 (35%)
    Total tax: €2,850

Oikos works with trusted local accountants to manage filings and optimize tax reporting for each investor.


Is there a capital gains tax when selling property in Greece?

A 15% capital-gainstax is officially in place on profits from property resales, but its enforcement remains suspended, allowing investors to resell without additional taxation for the time being.


What legal steps must non-EU owners complete after buying?

After the purchase, non-EU property owners must ensure that their ownership is appropriately registered with the Greek tax authorities.

Most investors already have a Greek Tax Identification Number (AFM), which is obtained during the purchase process and used for all post-sale filings.

The main post-purchase obligations include:

  • Registering the property on the AADE (E9) platform
  • Paying annual ENFIA taxes using their AFM
  • Appointing a local tax representative, if they live outside Greece

While a Greek bank account can be useful for convenience, it is no longer mandatory for most non-resident owners.


How Oikos After Sales Makes Ownership Effortless

Our role doesn’t end when the contract is signed.
Through our dedicated After Sales Department, we:

  • Handle all ENFIA declarations and payments on behalf of property owners.
  • Coordinate with experienced accountants for rental-income reporting and tax filings.
  • Provide annual reminders, compliance checklists, and personalized guidance for each investor.
  • Offer property insurance services, with annual coverage plans ranging from €160 to €210, ensuring protection and peace of mind for every homeowner

By combining real estate expertise with hands-on administrative support, Oikos Property Developments ensures that our international clients can enjoy the benefits of Greek ownership without the stress of navigating bureaucracy alone.


Your Investment, Our Ongoing Care

Owning property in Greece opens doors to opportunity, and the right support makes all the difference. With Oikos by your side, every Golden Visa buyer has a partner who ensures that the value of their investment extends far beyond the purchase itself.