What is the cheapest Greek island to buy property on?

The lowest average sales prices are observed in Kos, at 1,381€/sq. m. and the Northeast Aegean islands, Chios, Samos and Lesvos. In the Ionian islands, Kefalonia is the most expensive at 2,283€/sq.



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Top 5 best value-for-money Greek Islands for an unforgettable experience
  • Lefkada: voted the best Greek island.
  • Kefalonia: an ideal Greek island for couples.
  • Crete: a Greek island pick for families.
  • Skiathos: best Greek island for beaches.
  • Rhodes: best Greek island for tourist attractions.


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How Much Money Do I Need to Retire In Greece Comfortably? All in all, you can expect to live comfortably on a budget of 2,000 Euro per month, which includes average monthly costs and rent for a one-bedroom apartment in the city center of Athens.

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The initial cost of buying a property in Greece is of course the value of the real estate. Most probably, there will be a 10 percent down payment for the property before the legal transaction. There are further charges and taxes to be paid during the process.

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Yes, you can get a residence permit in Greece if you buy a house. However, the house you're going to buy should be €250,000 or €500,000 minimum (depending on the location) to be able to qualify for Greece residency. If the house you're buying costs less, you'll not be able to apply for Greece Golden Visa program.

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Most first-timers choose the Cyclades, homing in on Santorini for its cliffs dripping with whitewashed cubic buildings, and Mykonos for its charismatic appeal. Once you've had your fill of Mykonos, take the ferry to nearby Tinos.

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The Greek island of Antikythera. A secluded Greek island has become the latest Mediterranean idyl to offer to pay people to move there, teaming up with the Greek Orthodox church to offer new residents a monthly allowance totalling €18,000 (NZ$33,000).

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Public Healthcare in Greece. The Greek Healthcare System is called ESY, and it provides free healthcare to all the citizens and residents of Greece. Additionally, you are eligible for this healthcare system even if you are an expat, EU citizen, or unemployed.

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