Which Greek island has cheapest property?

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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Best places to buy property in Greece
  • Corfu. A mega popular destination for UK expats, the island of Corfu has a UNESCO heritage old town, beautiful sandy bays and lively tourist areas.
  • Kefalonia. ...
  • Zakynthos/Zante. ...
  • Crete. ...
  • Rhodes. ...
  • Peloponnese. ...
  • 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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What are the most popular cities for expats in Greece? Athens and Thessaloniki are popular destinations in Greece among expats. Thessaloniki is famous for its high-tech industries, while on the other hand, Athens offers rich culture, history and diversity for expats.

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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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You can get a residence permit if you own a property in Greece. With this document, you are allowed to stay in Greece for as long as you want. However, you need to renew your residence permit every five years.

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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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5 best value for money Greek islands
  • Anafi — Best value for money Greek islands — by Hostelbay.com.
  • Serifos — Best value for money Greek islands — by Hostelbay.com.
  • Thasos — Best value for money Greek islands — by Hostelbay.com.
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Best Less Touristy & Underrated Greek Islands to Visit This Year
  • Milos. Ancient volcanic rock formations dot the island of Milos. ...
  • Thasos (Thassos) ...
  • Evia (Euboea) ...
  • Kefalonia. ...
  • Koufonisia. ...
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  • Ithaca. ...
  • Naxos.


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After living in Greece for at least 7 years, residents permit holders may apply for Greek citizenship.

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