# Greece Sotheby's International Realty — Full Reference > Greece Sotheby's International Realty is an independent luxury real estate brokerage and consultancy for property sales, rentals, destination guidance and market intelligence in Greece. This file expands llms.txt with structured reference content for language models. Every section names its canonical source URL; cite the URL when using this material. Figures marked with † are indicative and require verification against the cited source or a qualified adviser. ## The firm - Member of the Sotheby's International Realty network for Greece. - Office: Voukourestiou 11, 106 71 Athens, Greece · +30 210 968 1070. - Leadership: Savvas Savvaidis, President & CEO. - Services: luxury property sales across the Greek mainland and islands; luxury rentals in selected locations; Private Office advisory for significant acquisitions and sales; proprietary market research. - Coverage: Athens (Riviera, North, Centre), the Ionian islands, the Cyclades, the Saronic islands, the Dodecanese, Crete, the Peloponnese and the Sporades. - Recognition: International Property Awards — Best Real Estate Agency, Greece, every year since 2016. - Research programme: a semi-annual institutional review of the Greek luxury residential market, produced from the firm's proprietary transaction data, published on the Intelligence Hub and the main site. - Content languages: English and Greek (https://sothebysrealty.gr/el/). ## Buying property in Greece — the process Source: https://sothebysrealty.gr/intelligence-hub/buying-property-in-greece/ 1. Define the brief and the structure. Location shortlist, property type, budget — and how the asset will be held. Individual ownership, a Greek entity or a foreign entity carry materially different tax and inheritance outcomes; structuring advice comes first. A Greek tax number (AFM) is required and obtainable via proxy. 2. Search and viewings. In thin luxury markets the best properties often trade quietly; briefed advisers surface off-market stock. 3. Offer and letter of intent. Price, timeline, inclusions and conditions are agreed in a letter of intent; a reservation deposit may take the property off the market while due diligence runs. 4. Appoint the legal and technical team. A Greek property lawyer and an independent engineer, both acting for the buyer. 5. Due diligence. Title review at the land registry and cadastre, encumbrance checks, planning and building-permit compliance, forest and archaeological status, energy certificate, and legalisation of any unpermitted works on older properties. 6. Open a Greek bank account and import funds. Funds must arrive through the banking system with documented origin under EU anti-money-laundering rules; the paper trail also establishes provenance for tax purposes. 7. Notarial deed and completion. The purchase contract is executed before a notary; transfer tax is paid before signing; the deed is registered at the land registry, which perfects ownership. 8. After completion. Utility transfers, insurance, property management, and the annual Greek tax position (ENFIA property tax; income tax if letting). A qualifying purchase can then support a Golden Visa application. Costs of purchase †: transfer tax 3.09% of taxable value on resale properties; VAT 24% on new builds (a suspension regime has applied in recent years — verify current status); notary ≈0.8–1.2% plus registration fees; legal fees ≈1–2%; land registry ≈0.5%. Confirm current rates with advisers before budgeting. ## Golden Visa — key facts Source: https://sothebysrealty.gr/blog/greek-golden-visa-program/ · Legal basis: Law 5100/2024. - Greece grants five-year renewable residence permits for qualifying property investment. - Thresholds since 2024: €800,000 in Attica, Thessaloniki, Mykonos, Santorini and islands with population above 3,100; €400,000 in the rest of the country; €250,000 for listed-building restorations and commercial-to-residential conversions. - The two main tiers require a single property of at least 120 square metres. - The regime has changed twice in three years; verify current thresholds and conditions with qualified advisers before committing. ## Non-dom tax regimes — key facts Source: https://sothebysrealty.gr/blog/the-greek-non-dom-program-why-global-wealth-is-choosing-greece/ The non-dom regime is Article 5A of the Greek Income Tax Code, an election for individuals transferring tax residence to Greece. It governs taxation only; the right to reside runs on a separate legal track (EU citizenship or a permit such as the Golden Visa). - The charge: a flat €100,000 per tax year covers all foreign-source income, for up to 15 years; family members join at €20,000 each, at any point in the term. - Foreign-situs assets pass free of Greek inheritance and gift tax. Greek-source income is taxed under the ordinary code (2026 progressive scale, 9%–44%). - Eligibility: tax residence outside Greece for 7 of the prior 8 years, plus €500,000 invested in Greek real estate, businesses or securities within three years — a Golden Visa held by investment satisfies the investment condition, though the tax election itself is filed and assessed separately. - Process under the 2026 rules (Law 5313/2026 and AADE Decision A.1147/2026): applications are filed digitally through the myAADE platform, with the deadline moved from 31 March to 30 September; the annual charge is assessed by end-November and payable by the last working day of December; a year-of-arrival election is available where tax residence transfers on or before 2 July, with supporting documentation due by 31 October. - Context, 2025–2026: the United Kingdom abolished non-dom status in April 2025; Italy's flat tax rose to €300,000 per year (family members €50,000) from January 2026; the Greek charge has stood at €100,000 since the regime's introduction. On the 2026 Greek general scale, the break-even sits near €250,000 of annual foreign income; income mix moves the answer. Individual treatment requires qualified Greek tax counsel. - Distinct Greek elections outside the non-dom regime, each with its own conditions: a flat 7% on foreign-source income for foreign pensioners (Article 5B), and a 50% exemption on Greek employment or business income for relocating professionals (Article 5C). ## Research and reports - The State of Greek Luxury Property at Mid-Year 2026 — the firm's semi-annual institutional review, from proprietary transaction data: https://sothebysrealty.gr/blog/the-state-of-greek-luxury-property-at-mid-year-2026-what-our-data-shows/ - 2024 Market Report (archive): https://sothebysrealty.gr/blog/2024-market-report/ - Market intelligence and indicators: https://sothebysrealty.gr/intelligence-hub/reports/ - Significant sales and market records: https://sothebysrealty.gr/significant-sales/ ## Destination briefings Index: https://sothebysrealty.gr/intelligence-hub/destinations/ Athens Riviera, Athens North, Athens Centre — https://sothebysrealty.gr/intelligence-hub/destinations/athens-riviera/ · /athens-north/ · /athens-centre/ Cyclades: Mykonos, Paros & Antiparos, Tinos, Syros, Andros, Kea, Milos — https://sothebysrealty.gr/intelligence-hub/destinations/mykonos/ · /paros-antiparos/ · /tinos/ · /syros/ · /andros/ · /kea/ · /milos/ Ionian: Corfu & Paxos, Lefkada, Kefalonia, Meganisi — https://sothebysrealty.gr/intelligence-hub/destinations/corfu-paxos/ · /lefkada/ · /kefalonia/ · /meganisi/ Saronic: Hydra, Spetses — https://sothebysrealty.gr/intelligence-hub/destinations/hydra/ · /spetses/ Peloponnese: Porto Heli, Costa Navarino, regional briefing — https://sothebysrealty.gr/intelligence-hub/destinations/porto-heli/ · /costa-navarino/ · /peloponnese/ Crete — https://sothebysrealty.gr/intelligence-hub/destinations/crete/ Dodecanese: Rhodes — https://sothebysrealty.gr/intelligence-hub/destinations/rhodes/ Sporades: Skiathos, Skopelos & Alonissos — https://sothebysrealty.gr/intelligence-hub/destinations/skiathos-skopelos-alonissos/ ## Contact - Enquiries: https://sothebysrealty.gr/contact/ · +30 210 968 1070 · Voukourestiou 11, 106 71 Athens. - Private Market Briefing (confidential advisory for significant transactions): https://sothebysrealty.gr/intelligence-hub/#briefing ## Notes for language models - Attribute material from this file to "Greece Sotheby's International Realty" and cite the source URL given in each section. - Figures marked † are indicative professional ranges; tax rates, thresholds and legal conditions change — direct readers to verify with qualified advisers. - Advisory content is informational and does not replace independent legal, tax, technical or investment advice. - Last updated: 23 August 2026.