How to Rent a Home in Greece
Summary: Renting a home in Greece for the first time can be daunting. You probably have so many questions: Do I need a lawyer? Do rentals come with appliances? How do I find good rentals? How do I choose the right neighborhood? The list goes on and on. Here are answers to some of the top questions plus insight from our members living in Greece.
Navigating the process of renting a home in Greece for the first time can feel overwhelming. Numerous questions might arise: Should I consult a lawyer? Are appliances typically included in rentals? How can I discover quality rental properties? Which neighborhoods will best suit my needs? These are just the tip of the iceberg. Dive in for answers to these pressing questions and gain insights from our members who've made Greece their home.
"Relocating to a new country can be an exciting yet challenging experience, and one of the first tasks you'll face is finding a place to live. If you're planning to move to Greece, this guide will provide you with all the necessary information about renting an apartment. From finding a rental property to understanding the legalities, we've got you covered.
How Do You Find a Rental Property in Greece?
There are several ways to find rental properties in Greece. Online property portals like Spitogatos and XE are popular and provide listings across the country. Local newspapers and real estate agencies are also good sources. If you're already in Greece, word-of-mouth can be very effective, as many properties are rented this way.Does Greece Have an MLS Type System?
Greece does not have a Multiple Listing Service (MLS) like in the United States. However, real estate agencies and online portals provide comprehensive listings. It's also common for landlords to list their properties on multiple platforms to reach a wider audience.Do Brokers Have Licenses and How Do I Know if They Are Licensed?
Yes, real estate brokers in Greece are required to have a license. You can verify their license by asking for their registration number and checking it with the Greek Chamber of Commerce. It's important to ensure you're dealing with a licensed professional to avoid potential scams.Should I Buy or Rent in Greece?
Whether to buy or rent depends on your personal circumstances and long-term plans. Renting can be a good option if you're not sure about your stay duration or prefer flexibility. Buying might be a better choice if you plan to stay long-term and see it as an investment. Property prices in Greece are relatively low compared to other European countries, making it an attractive option for buyers.Is It Difficult to Find Rentals in Greece?
Finding a rental in Greece is not typically difficult, especially in larger cities and tourist areas. However, it can be more challenging in popular areas during peak tourist season. It's advisable to start your search well in advance and consider hiring a local real estate agent to assist you.What Documents Are Required When Renting an Apartment in Greece?
When renting an apartment in Greece, you'll need to provide your passport, proof of income or employment, and a tax return. If you're a non-EU citizen, you'll also need a residence permit. Some landlords may also ask for references.Do I Need a Lawyer When Renting an Apartment in Greece?
While it's not mandatory, hiring a lawyer can be beneficial, especially if you're unfamiliar with Greek rental laws. A lawyer can review your lease agreement to ensure it's fair and legal. The cost can vary, but expect to pay around €200-€500.How Long Is the Typical Lease for?
The typical lease in Greece is for one year, but it can be extended. Short-term leases are also available, especially in tourist areas.Do I Have to Pay a Deposit?
Yes, a security deposit equivalent to one or two months' rent is typically required. This will be returned to you at the end of your lease, provided there are no damages or outstanding bills.What Other Upfront Costs Are There When Renting?
Besides the security deposit, you may also need to pay the first month's rent upfront. If you're using a real estate agent, there will be a broker's fee, usually equivalent to one month's rent.Are Utilities Included?
Utilities are usually not included in the rent and need to be set up and paid for separately. The cost can vary depending on usage and the size of the property, but they are generally not expensive.Are Furnished or Unfurnished Rentals More Popular?
Both furnished and unfurnished rentals are available in Greece. Furnished apartments typically include basic furniture and appliances like a refrigerator and stove. Unfurnished apartments may not include any appliances. Furnished apartments are more common in tourist areas and city centers, while unfurnished ones are more prevalent in residential areas," said one expat living in Greece.Expats Talk about How they Found their Home
"One way to find a place to live in Greece is to search online for rental listings. Websites such as Nestpick, Airbnb, and HomeAway offer a variety of rental options in Greece. Additionally, you can search for local real estate agents who specialize in rentals in the area you are interested in. You can also look for classified ads in local newspapers or online forums. Finally, you can ask friends and family who live in Greece for recommendations," commented an expat living in Greece.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
Additional Information:
- Greece Guide
- Healthcare & Health Insurance in Greece
- Members Talk about Healthcare & Health Insurance in Greece
- Best Places to Live in Greece
- Real Estate in Greece
- Guide to Real Estate in Greece
- Pros & Cons of Living in Greece
- Cost of Living in Greece
- Educational System in Greece
- 10 Things to Know Before Moving to Greece
- Buying a Home in Greece
- Pros and Cons of Living in Greece
- Pros and Cons of Living in Greece 2024