FAQ – Everything You Wanted to Know

Can you tell us a bit about your company?

Beta Real Estate has been active in the Greek real estate market since 2018, leading urban renewal projects across Athens and creating smart opportunities for international investors.

• We focus on neighborhoods with a young, dynamic character where the price per square meter is still relatively low, but where strong appreciation potential exists.
• This strategy allows investors to benefit from both attractive rental yields and long-term capital growth.
• Our projects are selected and developed with a combination of local market expertise, architectural vision, and a strong understanding of what makes a property desirable for both tenants and future buyers.
• We work with investors who are looking for a home in Athens, a vacation property, or a strategic real estate investment in Europe.

Expert tip: The strongest investment opportunities are often found in neighborhoods that are just beginning to transform, not only in the areas that are already fully established.

What sets Beta apart? What makes you leaders in the market?

What makes Beta different is our proven track record, strong local presence, and full in-house operation in Athens.

• We bring real experience, not just theory. Our projects have been executed successfully on the ground, with measurable results.
• Our team is local, experienced, and built to manage every stage of the investment process efficiently and transparently.
• We maintain close control over acquisitions, renovations, operations, and property management through our in-house structure.
• We also work with reliable, long-term suppliers and professionals who support the quality and consistency of every project.
• Two of the company owners have lived in Athens for more than seven years, and our local team works regularly from our Athens offices.
• This on-the-ground presence helps us identify opportunities early, solve issues quickly, and monitor every detail closely.

Expert tip: In Greece, local execution is everything. A strong deal on paper can quickly become complicated without an experienced team physically operating in the market.

What returns can I expect from investing in Athens?

Returns in Athens can vary, but long-term rentals typically generate 4% to 6% net, while short-term rentals can reach 7% to 10% net on average.

• Long-term rentals to residents usually provide stable net returns after taxes, management fees, and ongoing expenses.
• Short-term vacation rentals, such as Airbnb, can generate higher returns, especially in well-located and well-designed properties.
• Final returns depend on several key factors, including location, building condition, apartment layout, design quality, and neighborhood profile.
• We evaluate each of these factors carefully before entering any project.

Expert tip: A higher advertised yield does not always mean a better investment. Consistency, occupancy, resale value, and neighborhood momentum matter just as much.

How much does an apartment in Athens cost? What is the minimum investment?

The minimum investment in our projects starts at approximately €100,000.

• This entry point gives investors access to selected opportunities in Athens with strong growth and rental potential.
• The final budget depends on the specific property, its location, its condition, and whether renovation or furnishing is required.
• Investors should also consider additional costs beyond the purchase price, such as taxes, legal fees, and setup costs.

Expert tip: Always calculate the total investment cost, not just the property price, so you understand your true entry point and expected net return.

Who manages my property after the purchase?

We do. Beta provides a full in-house property management solution so investors can remain completely hands-free.

• We find and screen quality tenants.
• We handle ongoing maintenance and day-to-day management.
• We collect rent and transfer it to your account.
• We send regular monthly reports so you stay informed.
• We also provide direct customer service to tenants in Greece, helping maintain satisfaction and long-term occupancy.
• This structure allows investors to enjoy the benefits of owning overseas property without dealing with the daily operational burden.

Expert tip: Strong property management protects far more than your time – it protects your income, occupancy level, and the long-term value of the asset.

What should I know about Greek bureaucracy?

Greek bureaucracy can be slow, but with the right local team, the process becomes much smoother and more manageable.

• Real estate transactions in Greece often involve legal, municipal, tax, and registry procedures that require patience and precision.
• Delays are common when processes are not managed closely.
• Our role is to anticipate obstacles, move things forward efficiently, and simplify every stage for the investor.
• We have built a flexible and effective work system that helps us move faster than the market standard.

Expert tip: Bureaucracy in Greece is rarely the real risk – lack of local guidance is. The right team can save you significant time, money, and frustration.

Is bank financing available in Greece?

Yes, financing is gradually becoming more available again, and some Greek banks already offer mortgage solutions.

• The Greek banking system has been recovering, and lending activity is increasing.
• Availability depends on the investor’s profile, residency status, nationality, and the specific bank’s policy.
• Conditions can change frequently, so updated information is essential before building an investment plan around financing.
• We stay connected to current market developments and can help investors understand the latest options.

Expert tip: Never assume leverage will be available on the terms you expect. Always verify real financing conditions before relying on debt in your investment calculations.

How long does it take to buy a property?

A typical property purchase in Athens takes around 3 to 4 months.

• The exact timeline depends on the legal and technical complexity of the specific property.
• Some deals move faster, while others require more extensive title checks, document collection, or planning review.
• We guide investors through every step of the transaction and help resolve issues as they arise.
• Our goal is to make the process as clear, efficient, and stress-free as possible.

Expert tip: Transactions move fastest when legal and technical checks begin early. Preparation at the start can prevent costly delays later.

Will the apartment be registered in my name?

Yes, the property is officially and legally registered under your full name in Greece.

• Ownership is recorded in the Greek land registry.
• This provides clear legal proof of ownership and supports long-term security.
• The registry process is formal and structured, giving buyers confidence that their rights are properly documented.
• Before completion, ownership history and legal status should always be reviewed carefully.

Expert tip: Clear title is the foundation of a secure overseas investment. Proper due diligence is just as important as finding the right property.

Do I have to open a bank account in Greece to invest?

No, opening a Greek bank account is not mandatory for purchasing a property.

• Investors can buy property without maintaining a local Greek bank account.
• That said, a local account can make day-to-day financial management easier.
• It may simplify rent collection, maintenance payments, utility handling, and other operational matters.
• We can assist investors who want to open a local account and make the process simple, even without speaking Greek.

Expert tip: A local bank account is not always necessary, but it can make managing an overseas property much more convenient in the long run.

What taxes apply when buying a property in Greece? And what about rental income?

Buyers usually pay a 3.09% property transfer tax, and rental income is taxed progressively starting from 15% on the first €12,000 per year.

• Property transfer tax in Greece is generally 3.09% of the property’s value.
• Rental income is taxed at 15% on the first €12,000 annually.
• Additional tax brackets apply above that threshold.
• Capital gains tax is officially 15%, but in practice it has effectively been 0% due to a recurring exemption renewed annually since 2013.
• Tax treatment in the investor’s home country depends on local law and whether a double tax treaty exists with Greece.
• In many cases, taxes paid in Greece may be credited or offset in the investor’s country of residence.
• Because tax rules vary significantly, investors should always consult a qualified CPA or international tax advisor before buying.

Expert tip: Review your tax structure before the purchase, not after. The way you hold the asset and the way you rent it can have a major effect on your final return.

What about inheritance tax?

Inheritance tax in Greece depends on the property’s value and the degree of kinship between the parties.

• For first-degree relatives, inheritance up to €150,000 is taxed at 0%.
• The portion between €150,001 and €300,000 is taxed at 1%.
• Amounts above €300,001 may be taxed at 10%.
• Tax rates are progressive.
• For more distant relatives, higher rates may apply.

Expert tip: Cross-border inheritance planning is often overlooked. It is wise to review succession issues early, especially for long-term family investments.

What is the capital gains tax in Greece?

Officially, capital gains tax is 15%, but due to a recurring exemption since 2013, the effective rate is currently 0%.

• Greek law sets capital gains tax at 15%.
• However, the tax has not been effectively applied because a special exemption has been renewed repeatedly since 2013.
• For international investors, taxation in their home country may still depend on domestic rules and any tax treaty with Greece.
• In many cases, a double tax treaty can help reduce or prevent double taxation on the sale.
• Investors should always speak with a CPA or international tax advisor before selling.

Expert tip: A smart investor plans the exit as carefully as the entry. Resale timing, tax exposure, and buyer demand all matter when it comes time to sell.

Who will rent my apartment?

Our properties attract a broad range of quality tenants, including professionals, students, couples, young families, and digital nomads.

• We focus on neighborhoods with strong rental demand and everyday convenience.
• These areas are typically close to metro stations, retail centers, cultural venues, and lifestyle hubs.
• Well-designed properties in strategic locations appeal to a wide tenant base.
• This diversity supports occupancy and strengthens the investment over time.

Expert tip: Tenants do not rent only based on size – they rent based on lifestyle, convenience, and design. The right combination drives stronger demand.

What happens if a tenant doesn’t pay rent?

We have a structured legal process in place to protect your investment if a tenant stops paying.

• A formal payment demand is sent first.
• If there is no response within 3 months, an eviction request is filed with a judge.
• A judicial order is then issued and enforced, usually within around 45 days.
• The total process typically takes about 4.5 months.
• Our legal team manages the full procedure from start to finish on the investor’s behalf.

Expert tip: The best protection starts before the lease begins. Strong tenant screening and active management significantly reduce the risk of non-payment.

Do I pay taxes in my home country too?

That depends on your country of residence, your personal tax situation, and whether your country has a tax treaty with Greece.

• Some countries tax worldwide income, while others provide credits or exemptions for taxes paid abroad.
• A double tax treaty with Greece may help prevent paying the same tax twice.
• In many cases, taxes paid in Greece can be credited or offset in the investor’s home country.
• The exact outcome depends on your personal tax residency and local regulations.
• This is why professional tax advice is essential before making a cross-border investment.

Expert tip: Always judge an international investment by its after-tax result, not only by the gross yield. What matters most is what you actually keep.

What will happen in the Greek real estate market over the next 5 years (2025-2030)?

We believe the Athens real estate market has strong long-term potential, supported by economic recovery, increased financing activity, and continued international demand.

• Greece has shown meaningful economic improvement, including stronger growth indicators, falling unemployment, and rising confidence.
• The mortgage market is gradually reopening, which can increase local buyer demand over time.
• Greece continues to attract foreign capital and remains supportive of international investment.
• As more investors discover Athens, demand for well-located and well-managed assets is expected to grow.
• Neighborhood transformation and infrastructure improvement are also likely to support value appreciation in selected areas.

Expert tip: The best opportunities are usually found where economic recovery, local regeneration, and improving demand come together before prices fully catch up.

Want to hear more about your future home overseas?

Whether you are looking for a vacation apartment, a European investment, or a new lifestyle opportunity, Beta is here to help you find the right fit in Athens.

• We combine local expertise with in-house execution.
• We support investors throughout sourcing, acquisition, renovation, management, and ongoing operations.
• Our goal is to help international buyers invest in Athens with confidence, clarity, and peace of mind.
• We do not just sell apartments – we build long-term investment opportunities.

Expert tip: The right overseas property should match both your financial goals and your lifestyle vision. The best investment is one that makes sense on every level.

We’re waiting for you.