Should I buy or rent a home in Greece?
If you have not spent a lot of time in Greece, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Greece can be a great investment, as the country has a strong economy and a desirable climate. However, it is important to consider the cost of living in Greece, as well as the cost of purchasing a home. Renting a home in Greece can be a more affordable option, as it allows you to enjoy the benefits of living in Greece without the long-term commitment of buying a home. Additionally, renting a home in Greece can provide more flexibility, as you can move to a different area or even a different country if desired. Ultimately, the decision to buy or rent a home in Greece should be based on your individual needs and financial situation," commented one expat who made the move to Greece.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
"Ended up building our own house as one was not available where we wanted to be. Another story... quite a challenge, but it was nice to have exactly the building we wanted," remarked another expat in Paros, Greece.
Other Questions:
- What do I need to know before retiring in Greece?
- How do I meet people in Greece?
- What is life like in Greece?
- Is there a lot of crime in Greece?
- Is there a lot of diversity? Are people in Greece accepting of differences?
- What are the schools in Greece like?
- Is the cost of living in Greece high?
- What advice do you have for expats having a baby in Greece?
- What are healthcare services like in Greece?
- Is the cost of living in Greece high?
- What type of recreational facilities are in Greece?
- What is the weather like in Greece?
- Are there good restaurants in Greece?
- Where will I buy groceries and do other shopping in Greece?
- What are the visa & residency requirements in Greece?
- Are healthcare and health insurance expensive in Greece?
- What do I need to know when buying property in Greece?
- Are foreigners allowed to own property in Greece?
- What appliances are typically included in a rental?
Should I buy or rent a home in Greece?
If you live in Greece, newcomers to Greece would love to hear your answer to this question.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.