€150,000 buys about 26 m² in Glyfada on the Athens Riviera, about 49 m² in Athens or central Thessaloniki and about 128 m² in Zagora on Pelion, at average asking prices from Spitogatos and xe.gr. This guide compares 12 areas popular with buyers from abroad, adds the buying costs and explains what the numbers mean in practice.
Last checked: November 2026
At a glance
- At average asking prices, €150,000 buys from about 26 m² in Glyfada to about 128 m² in Zagora, Pelion.
- In most of the 12 areas, it buys 46 m² to 68 m²: a one-bedroom or small two-bedroom home.
- Taxes and fees set by law add about €7,000 (4.7%) on a €150,000 resale, before the lawyer, the licensed engineer and any agent.
- The transfer tax is 3% plus a 3% municipal surcharge on the tax, 3.09% in total.
- A €150,000 home does not qualify for the Golden Visa, whose minimums are €250,000, €400,000 and €800,000.
- Asking prices are list prices, not sale prices.
What €150,000 buys, area by area
The table divides €150,000 by the latest average asking price per m² for each area. For Athens and Piraeus we use xe.gr figures for homes up to 80 m², the size band a €150,000 budget falls into, because the Spitogatos Q2 2026 release gives no sale price for central Athens or the city of Piraeus. All other figures are from Spitogatos for Q2 2026.
| Area | Average asking price, €/m² (period) | About how many m² €150,000 buys | What that typically means |
|---|---|---|---|
| Athens (xe.gr area), homes up to 80 m² | 3,087 (xe.gr, Q3 2026) | 49 | A one-bedroom flat |
| Piraeus, homes up to 80 m² | 3,245 (xe.gr, Q3 2026) | 46 | A one-bedroom flat |
| Glyfada, Athens Riviera | 5,669 (Spitogatos, Q2 2026) | 26 | A studio |
| Thessaloniki centre | 3,056 (Spitogatos, Q2 2026) | 49 | A one-bedroom flat |
| Chania regional unit, Crete | 3,102 (Spitogatos, Q2 2026) | 48 | A one-bedroom flat |
| Heraklion regional unit, Crete | 2,200 (Spitogatos, Q2 2026) | 68 | A two-bedroom flat |
| Kefalonia | 2,531 (Spitogatos, Q2 2026) | 59 | A one- or small two-bedroom home |
| Paros, Cyclades | 5,263 (Spitogatos, Q2 2026) | 29 | A studio |
| Kalamata, holiday homes | 2,892 (Spitogatos, Q2 2026) | 52 | A one-bedroom home |
| Nafplio, holiday homes | 2,778 (Spitogatos, Q2 2026) | 54 | A one-bedroom home |
| Sithonia, Halkidiki, holiday homes | 3,000 (Spitogatos, Q2 2026) | 50 | A one-bedroom holiday flat |
| Zagora, Pelion, holiday homes | 1,171 (Spitogatos, Q2 2026) | 128 | A large village house |
m² = €150,000 divided by the average asking price, rounded to the nearest whole m², before buying costs. The last column is our rough guide to the size, not a figure from the sources. Sources: xe.gr market trends, Q3 2026 (checked 3 November 2026); Spitogatos releases of 4 August 2026 (Glyfada, Thessaloniki centre), 16 September 2026 (islands) and 24 September 2026 (holiday homes).
Cities: Athens, Piraeus and Thessaloniki
In the two big cities, €150,000 buys a one-bedroom flat of 46 m² to 49 m² at average asking prices. In the xe.gr “Athens” area, homes up to 80 m² rose 10.2% in a year to €3,087 per m²; in Piraeus they rose 8.9% to €3,245 per m². xe.gr does not define the boundary of its “Athens” area.
On the coast the money buys much less. Spitogatos put Glyfada at €5,669 per m² in Q2 2026, Voula at €6,250 and Vouliagmeni at €7,364. At those levels, €150,000 buys 20 m² to 26 m². See Athens property prices and Athens Riviera prices.
In Thessaloniki, Spitogatos gave €3,056 per m² for the centre and €3,175 for Kalamaria. Cheaper districts exist further out: see our Thessaloniki guide.
Islands: Crete, Kefalonia and the Cyclades
Crete gives the most space of the large islands. At the Heraklion and Rethymno averages (€2,200 and €2,202 per m²), €150,000 buys about 68 m²; in Lasithi (€1,944) about 77 m²; in Chania (€3,102) about 48 m². Spitogatos put the Crete average at €2,250 per m², up 6.9% in a year. See our Crete guide.
Kefalonia’s average of €2,531 per m² buys about 59 m², and Spitogatos listed it among the islands with the highest annual rises. Spitogatos published no separate figure for Corfu in its Q2 2026 island release. See our Kefalonia guide and Corfu guide.
The Cyclades are the most expensive island group, at €4,063 per m² on average, which buys about 37 m². On Paros, at €5,263, €150,000 buys about 29 m². Spitogatos gave no figure for Naxos. See our Paros and Naxos guides.
Mainland coast: Peloponnese, Halkidiki and Pelion
The Spitogatos holiday-home release gives the mainland figures. In the Peloponnese, Kalamata (€2,892 per m²) and Nafplio (€2,778) buy 52 m² to 54 m²; Zacharo in Ilia, at €1,200, buys about 125 m². In Halkidiki, Sithonia (€3,000) and Kassandra (€2,895) buy 50 m² to 52 m².
Pelion is the outlier. At €1,171 per m² in Zagora and €1,387 in Agria, €150,000 buys about 128 m² and 108 m². See our Peloponnese and Halkidiki guides, and cheap houses in Greece for the lowest-priced regions.
What the numbers mean in practice
Averages hide a wide spread within each area, so a single listing can sit well above or below them.
- Asking is not selling. Spitogatos and xe.gr publish average asking prices per m². Final sale prices are agreed in negotiation and are not in these figures.
- The mix changes. An area average mixes new and old, large and small homes. Area definitions differ between Spitogatos and xe.gr.
- Older stock. Older flats and village houses can need new wiring, plumbing, roofs or insulation. Budget for works on top of the price.
- Size on paper. Check that the m² in the listing match the m² in the title deed and the building permit.
The Bank of Greece apartment price index, based on bank valuations, rose 5.5% in the year to Q2 2026 across Greece, so budgets shrink in m² over time. See Greece house prices.
Buying costs on top of €150,000
Buying a resale home adds about 4.7% of the price in taxes and fees set by law, before the lawyer, the licensed engineer and any agent.
- Transfer tax: 3% of the taxable value plus a 3% municipal surcharge on the tax, 3.09% in total (Property Tax Code, Law 5219/2025, article 27), paid by the buyer before the deed.
- Notary: 0.80% up to €120,000 and 0.70% from €120,000.01 to €380,000, plus €20, per-sheet charges and 24% VAT (Ministerial Decision 111376/2011). Notaries are unsalaried public officials.
- Cadastre registration: 0.6% at Cadastre offices (0.5% plus 0.1% for the cadastral-book entry), plus small fixed fees; 0.5% only where an old land registry still operates (Hellenic Cadastre decision 2/12.01.2026, Government Gazette B’ 64/13.01.2026).
- Lawyer, licensed engineer and agent: fees agreed case by case, plus 24% VAT.
| Worked example: €150,000 resale home, Cadastre area | Basis | Amount (€) |
|---|---|---|
| Transfer tax | 3% of €150,000 | 4,500.00 |
| Municipal surcharge | 3% of the tax | 135.00 |
| Notary scale fee | 0.80% of €120,000 + 0.70% of €30,000 + €20 | 1,190.00 |
| VAT on notary fee | 24% of €1,190 | 285.60 |
| Cadastre registration | 0.6% of €150,000 | 900.00 |
| Total set by law | 7,010.60 (about 4.7%) | |
| Lawyer, licensed engineer, agent | Agreed case by case, plus 24% VAT | not quantified |
The example assumes the taxable (objective) value is not above the price and leaves out the notary’s per-sheet charges and the Cadastre’s small fixed fees. If €150,000 is your total budget including these costs, the purchase price is about €143,300. Run your own figures in the buying cost calculator and see the cost of buying property in Greece.
The 15% transfer tax bill
A bill tabled in Parliament on 3 November 2026, not yet law, would raise the transfer tax on homes to 15% for buyers who are natural persons tax resident outside the EU and EEA, for final contracts signed from 1 July 2027 (bill text, articles 16 and 52). It would not apply to buyers who qualify for the first-home exemption in article 42 of the Property Tax Code. Its public consultation ran from 18 October to 1 November 2026, and the bill is now before the Hellenic Parliament.
The test is tax residence, not nationality. On a €150,000 home the tax would rise from €4,635 today to €22,500 at 15%, or €23,175 if the 3% municipal surcharge also applied to the new rate, which the bill does not say. See our report on the bill.
No Golden Visa at this price
A €150,000 home does not qualify for the Golden Visa. Under Law 5100/2024 the minimums are €800,000 in Attica, the Thessaloniki regional unit, Mykonos, Santorini and islands with more than 3,100 residents, and €400,000 elsewhere, both for a single home of at least 120 m². The €250,000 route is only for converting a commercial building to homes or restoring a listed building (Ministry of Migration and Asylum circular). See our Golden Visa guide.
Checks before you buy
- Electronic property identity. A licensed engineer draws up the electronic property identity (ilektroniki taftotita akinitou) for every transfer. It records the permits, plans and any unauthorised works such as enclosed balconies or extensions.
- Title. Your lawyer checks ownership, co-owners and mortgages at the Hellenic Cadastre, or at the old land registry in the few areas not yet covered. See Cadastre checks before buying.
- Price evidence. Compare the asking price with the area averages above and with recent sales in the same building or street.
- Seasonality. On islands and in holiday villages, visit outside the summer to check access, open shops and services, and how the house copes with winter damp.
- Border areas. Buyers from outside the EU and EFTA need prior permission to buy in designated border areas, which include the Dodecanese and Santorini. None of the 12 areas in the table is one. See buying a house on a Greek island.
Letting the home when you are away
Most holiday homes can be let short term once registered in AADE’s Short-Term Stay Property Registry, with the registry number (AMA) on every listing (Law 4446/2016, article 111). New registrations are frozen in Athens municipal districts 1, 2 and 3 and in the 1st municipal community of Thessaloniki until 31 December 2026 (stegasi.gov.gr). This affects a small central flat bought to let. See Greece short-term rental rules 2026 and our holiday homes guide.
For the full process from tax number to deed, see how to buy property in Greece. For year-round living, see the best places to live in Greece.
Thinking about buying in Greece? Give your brief to an independent buyer’s agency. It can search the market for exactly what you are looking for and advise you through the purchase.
Frequently asked questions
What does €150,000 buy in Greece?
At average asking prices, about 46 m² to 68 m² in most areas we compared: a one-bedroom flat in Athens, Piraeus or Thessaloniki, a two-bedroom flat in Heraklion. It buys about 26 m² in Glyfada and about 128 m² in Zagora, Pelion.
Where does €150,000 go furthest?
Of the 12 areas, Pelion, where Zagora averaged €1,171 per m² in Q2 2026 on Spitogatos data. On Crete, Lasithi (€1,944) and Heraklion (€2,200) give more space than Chania (€3,102).
How much extra do I pay on a €150,000 home?
About €7,010, or 4.7%, in transfer tax, notary and Cadastre fees for a resale in a Cadastre area. Lawyer, licensed engineer and agent fees are agreed case by case.
Does a €150,000 property qualify for the Golden Visa?
No. The minimums are €800,000, €400,000 and €250,000, and the €250,000 route is only for a commercial-to-residential conversion or a listed building.
Will the 15% transfer tax apply to me?
Not today. It is in a bill tabled in Parliament on 3 November 2026, not yet law. If passed as tabled, it would apply to homes bought by natural persons tax resident outside the EU and EEA, for final contracts from 1 July 2027, except buyers who qualify for the first-home exemption in article 42 of the Property Tax Code.
Buyers should confirm how this applies to them with a Greek lawyer or accountant.
Sources
- Spitogatos: home sales and rents in Greece, Q2 2026 (4 August 2026)
- Spitogatos: Greek islands, Q2 2026 asking sale prices (16 September 2026)
- Spitogatos: holiday homes in Greece, Q2 2026 asking sale prices (24 September 2026)
- xe.gr: property prices by area, Q3 2026 vs Q3 2025
- Bank of Greece: residential property price indices, Q2 2026 (15 September 2026)
- Law 5219/2025 (Property Tax Code), article 27: transfer tax and municipal surcharge
- Ministerial Decision 111376/2011: notary fees
- Hellenic Cadastre decision 2/12.01.2026 (Government Gazette B’ 64/13.01.2026)
- Hellenic Parliament: text of the bill tabled on 3 November 2026, articles 16 and 52 (Greek)
- Hellenic Parliament: bill “Strengthening disposable income, savings and investment”, tabled 3 November 2026
- Ministry of Migration and Asylum: Golden Visa circular on Law 5100/2024 (24 September 2024)
- Law 4446/2016, article 111: Short-Term Stay Property Registry
- stegasi.gov.gr: temporary restrictions on short-term rentals
