Greece Property Investment FAQ

Welcome to the definitive guide for owning, investing, and living with Kallos Properties.

Our goal is to address the most common questions while maintaining complete transparency about legal requirements, investment considerations, and regulatory frameworks.

Greece Property Investment FAQ

About Kallos Properties

Kallos Properties is a construction company established in 2024, based in Serres, Greece. We specialize in designing, developing, and selling seaside residences with modern minimalist architecture. Our company focuses on high-quality construction with carefully selected materials and emphasis on both functional design and architectural harmony with the natural landscape

The word ‘Kallos’ means ‘beauty’ in ancient Greek. For us, beauty means functionality, quality, durability over time, and ultimately a complete and fulfilling living experience

Our differentiating factors include:

  • High-quality construction standards with certified materials and European compliance

  • Consistency in delivery and cooperation with transparent communication

  • Modern and timeless design emphasizing clean geometric forms

  • Practicality in interior and exterior planning optimizing natural light and flow

  • Carefully selected seaside property development locations in emerging tourism destinations

We operate with vertical planning and unified architectural language that characterizes every project regardless of size, avoiding mass production approaches.

Logkari Beach Location

Logkari Beach is located in the Municipality of Amphipolis, Serres regional unit, Central Macedonia, Northern Greece. Strategic access includes:

  • 70 minutes to Thessaloniki Macedonia Airport

  • 90 minutes to Kulata

  • 5 minutes to Egnatia Highway junction

  • Positioned between major cities: Kavala, Serres, Drama, and Thessaloniki

Legal Disclaimer: Travel times may vary based on traffic conditions, road maintenance, and route selection. Infrastructure development may affect accessibility over time.

The area provides comprehensive infrastructure:

Essential Services:

  • Supermarkets and mini-markets in the settlement and nearby villages

  • Pharmacies, bakeries, and gas stations

  • Banking and technical services

Healthcare:

  • Rodolivos Health Center (15 minutes)

  • General Hospitals in Serres and Kavala (approximately 45 minutes)

  • Veterinary services available

Recreation & Dining:

  • Seafront fish restaurants with fresh seafood

  • Beach bars and all-day cafés

  • Nightlife options in nearby Asprovalta and Touzla

  • Traditional restaurants with authentic Macedonian-Thracian cuisine

Legal Disclaimer: Service availability and distances are approximate and may change over time due to business operations, infrastructure development, or other factors.

The wider Amphipolis region has 2,500 years of history, established in 437 BC by the Athenians. Key historical sites include:

  • The Kasta Tumulus – largest burial monument ever discovered in Greece

  • The Lion of Amphipolis – 4th-century BC marble sculpture

  • Ancient city ruins – walls, gymnasium, agora, and residential buildings

  • Archaeological Museum of Amphipolis – housing unique finds

This historical richness adds deeper value to property ownership, investing not only in scenic beauty but also in culture and identity.

Legal and Regulatory Information

Legal protection includes multiple safeguards under Greek law:

Transaction Security:

  • Preliminary agreements signed before qualified notaries

  • Title deed registration in Greek Land Registry/Cadastre

  • Professional legal representation by qualified Greek lawyers

  • Comprehensive due diligence processes before completion

Construction Protection:

  • Building permits and regulatory compliance verification

  • Quality inspections at each construction phase

  • Professional oversight by qualified engineers and architects

  • Insurance coverage for construction and liability

Ownership Rights:

  • Full property ownership rights under Greek Civil Code

  • Constitutional protection of property rights

  • Legal remedies available for ownership disputes

  • International treaty protection for foreign investors

Legal Disclaimer: Legal protections are governed by Greek law and may be subject to legislative changes. Professional legal advice from qualified Greek attorneys is essential for all property transactions.

Important Legal Disclaimer: All information provided is based on current Greek legislation and regulations as of 2025. Laws, tax rates, Golden Visa requirements, property regulations, and other legal provisions are subject to change without notice.

Kallos Properties Disclaimer: We do not assume liability for any changes in legislation, regulations, or government policies that may affect:

  • Property ownership rights and restrictions

  • Taxation obligations and rates

  • Golden Visa eligibility and requirements

  • Construction and building regulations

  • Investment and rental income outcomes

  • Border area property restrictions

Professional Consultation Required: All prospective buyers must consult with qualified legal and tax professionals for current and applicable legal advice before making any investment decisions.

While Serres is in Northern Greece with proximity to borders, current regulations vary by citizenship:

EU Citizens: Typically no restrictions on property ownership in most areas of Northern Greece.

Non-EU Citizens: May require Ministry of National Defense approval for certain border zone purchases, though procedures have been simplified in recent years.

Specific Requirements for Non-EU Citizens:

  • Special permit applications through decentralized administration

  • Documentation of intended property use

  • Criminal background checks and statutory declarations

  • Processing through Greek consular authorities

⚠️ Legal Disclaimer: Border area definitions and restrictions may change based on national security considerations and government policy updates. What constitutes a “border area” is subject to legislative definition and may be modified without notice.

Construction and Delivery

Our properties feature comprehensive quality specifications:

Energy & Environmental:

  • A+ energy efficiency rating

  • Bioclimatic design principles

  • Natural materials with low environmental footprint and European compliance

  • Solar water heating systems with Wi-Fi connectivity

Technology & Comfort:

  • Smart lighting systems with scenarios, dimming, and sensors

  • Smart Wi-Fi air conditioning for heating and cooling

  • Large openings for natural light and landscape connection

  • Pre-installation for smart awnings and shading pergolas

Construction Quality:

  • Double energy-efficient glazing with low emissivity coating and Argon gas

  • PVC window frames with excellent thermal insulation

  • Certified external thermal insulation systems

  • Premium fixtures including jacuzzi and stainless steel BBQ facilities

Legal Disclaimer: Specifications may vary by individual property and are subject to final construction agreements. Technology brands and specific features may be substituted with equivalent quality alternatives based on availability.

Basic delivery includes completed construction with all built-in fixtures and systems. We offer optional furnishing packages including:

  • European supplier selection from carefully chosen furniture houses

  • Customization to buyer preferences and budget

  • Interior design consultation services

  • Complete staging for immediate move-in or rental readiness

Legal Disclaimer: Furnishing options and costs are subject to separate agreements and supplier availability. Furnishing packages are optional and not included in base property prices.

Property Purchase Process

Our payment system allows buyers to pay in stages aligned with construction progress:

  1. 15% Reservation Deposit – Signing of preliminary agreement

  2. 35% Foundation Completion – Structural framework complete

  3. 30% Electrical/Plumbing/Plastering – Interior works stage

  4. 15% Tiling/Frames/Coatings – Finishing works

  5. 5% Final Handover – Property completion and handover

This provides legal security through preliminary agreements signed before notaries and allows buyers to inspect progress before each payment.

Legal Disclaimer: Payment terms are contractual and may vary by project and specific purchase agreements. Construction timelines are estimates and may be affected by various factors.

Yes, foreign nationals can buy property in Greece:

  • EU citizens have no restrictions and are treated the same as Greek citizens

  • Non-EU citizens may need special permissions for properties in border regions or near military zones

  • The process requires obtaining a Greek Tax Identification Number (AFM) and may involve additional documentation

Legal Disclaimer: Property purchase regulations for foreign nationals may change. Border region definitions and restrictions are subject to government policy updates and national security considerations.

Total costs typically range from 7-10% of the property value, including:

Cost TypeRateWho Pays
Transfer Tax3.09%Buyer
Lawyer Fees1.5% + 24% VATBuyer
Notary Fees1.5% + 24% VATBuyer
Registration Fees0.5% + 24% VATBuyer
Real Estate Agent Fees2% + 24% VATVaries
 

Legal Disclaimer: Fees and tax rates are subject to change. For new construction properties, VAT at 24% may apply instead of transfer tax, though exemptions are currently available until end of 2025. Always consult current regulations and professional advisors.

While not mandatory, having a Greek bank account facilitates the purchase process and ongoing property management. You can make payments from foreign bank accounts, but a Greek Tax Identification Number (AFM) is required for all property purchases.

Legal Disclaimer: Banking and payment requirements may change based on Greek financial regulations and anti-money laundering laws.

Investment and Rental Management

Yes, we partner with leading hospitality management companies to offer comprehensive rental management. Our services include:

Legal & Tax Compliance:

  • Registration with tax authorities (AADE)

  • Monthly income declarations and documentation

  • Complete legal compliance management

Property Management:

  • Professional staging and photography

  • Listing on major platforms (Airbnb, Booking.com, Expedia)

  • Dynamic pricing optimization

  • Guest communication and support

  • Housekeeping and maintenance coordination

  • 24/7 guest support

Owner Benefits:

  • Flexible calendar control for personal use

  • Expert guidance on peak rental periods

  • Monthly reporting and performance analytics

Rental yields vary significantly based on multiple factors including property type, location within the area, management quality, seasonal demand, and overall market conditions. Greece offers average gross rental yields of approximately 4.82% nationally, with coastal tourist areas often achieving higher returns. In the Logkari area, where Theros & Ammos is located, yields average around 6.5%, reflecting the region’s strong demand and investment potential.

Our hospitality management partners use:

  • Dynamic pricing models to optimize rates
  • Proven marketing strategies across multiple platforms
  • Professional property presentation and guest experience
  • Strategic calendar management for maximum occupancy

Legal Disclaimer: Rental yields are not guaranteed and depend on market conditions, property management efficiency, tourism trends, economic factors, and various external circumstances. Past performance does not guarantee future results. All rental income projections should be considered estimates only.

Yes, our rental management partners provide flexible calendar control, allowing owner use while optimizing rental periods. Expert guidance ensures personal stays don’t interfere with peak rental seasons to preserve long-term financial performance.

Owner Use Benefits:

  • Advance booking priority for personal stays

  • Coordination with rental calendar optimization

  • Maintenance scheduling around owner visits

  • Local concierge services during stays

Legal Disclaimer: Personal use arrangements depend on specific rental management agreements and may affect overall rental income potential. Blackout periods during peak season may be recommended to maximize returns.

Taxes and Ongoing Costs

ENFIA (Uniform Real Estate Property Tax) is an annual tax on all property owners in Greece. It ranges from €2.5 to €16.25 per square meter for buildings, calculated based on:

  • Property location and zone value

  • Size and floor area

  • Age of the property (with coefficients from 1.0 to 1.25)

  • Floor level (with coefficients from 0.98 to 1.06)

  • Property use (residential vs. commercial)

A 20% reduction applies to properties insured against natural disasters as of 2025.

Legal Disclaimer: ENFIA rates, calculation methods, and coefficients are subject to annual government adjustments. Property valuations and zone classifications may be updated, affecting tax obligations.

Rental income tax rates are progressive:

  • 15% for income up to €12,000

  • 35% for income between €12,001-€35,000

  • 45% for income above €35,001

Standard deductions include:

  • 5% for operating costs and property maintenance

  • 10% for depreciation (with proper documentation)

Legal Disclaimer: Tax rates and deduction allowances may change based on Greek tax legislation updates. Non-residents may be subject to different rules and should consult tax professionals.

As of 2025, short-term rentals face stricter regulations including:

  • Fixed daily fees: €8 per day (April-October), €2 per day (winter months)

  • Maximum rental periods: 90 days annually (60 days on islands with <10,000 residents)

  • Mandatory requirements: Liability insurance, safety certifications, electrical inspections

  • Property standards: Natural lighting, ventilation, air conditioning requirements

Legal Disclaimer: Short-term rental regulations are subject to frequent changes and local municipality variations. New restrictions may be implemented, and existing regulations may be modified or enhanced.

Golden Visa Program

As of 2025, the minimum investment thresholds are:

  • €800,000 for high-demand areas (Attica, Thessaloniki, Mykonos, Santorini, and islands with over 3,100 residents)
  • €400,000 for other regions in Greece including our Logkari Beach location
  • €250,000 for special cases (restoration of listed buildings or conversion of non-residential properties to residential use)

Legal Disclaimer: These thresholds are subject to change based on Greek government legislation. The Golden Visa program has undergone significant changes in recent years, with investment amounts increasing substantially. Please consult with qualified legal professionals for the most current requirements as regulations may change without notice.

The Golden Visa can include:

  • The main applicant’s spouse

  • Children under 21 years of age (with some extensions possible under specific conditions)

  • Parents of both the main applicant and spouse

Legal Disclaimer: Family inclusion criteria may change based on immigration law updates. Current regulations should be verified with Greek immigration authorities and qualified legal counsel.

The Golden Visa application process typically takes 2-6 months from application submission, provided all required documents are complete and accurate. The process has been streamlined in recent years, but processing times can vary based on application volume and case complexity.

Legal Disclaimer: Processing times may vary and are subject to change based on application volume, government procedures, and policy updates. These timeframes are estimates and not guarantees.

Golden Visa holders cannot be employed in Greece but can:

  • Own and manage businesses in Greece

  • Participate as shareholders in Greek companies

  • Earn income from property rentals and investments

  • Serve on boards of directors of Greek companies

Legal Disclaimer: Employment and business rights may be subject to regulatory changes. Please consult current immigration law and qualified legal advisors for the most up-to-date information.

No minimum stay requirement exists to maintain or renew the Golden Visa. However, for Greek citizenship eligibility, you typically need to live in Greece for 7 consecutive years with at least 183 days spent in Greece each year, plus demonstrate Greek language proficiency and cultural knowledge.

Legal Disclaimer: Residency requirements for visa maintenance and citizenship may be subject to legislative changes. Citizenship requirements are separate from Golden Visa requirements and may have additional conditions.

No minimum stay requirement exists to maintain or renew the Golden Visa. However, for Greek citizenship eligibility, you typically need to live in Greece for 7 consecutive years with at least 183 days spent in Greece each year, plus demonstrate Greek language proficiency and cultural knowledge.

Legal Disclaimer: Residency requirements for visa maintenance and citizenship may be subject to legislative changes. Citizenship requirements are separate from Golden Visa requirements and may have additional conditions.

The information in this FAQ is intended purely for general guidance and does not constitute legal, financial, or investment advice. All potential buyers must independently verify details and consult with qualified professionals—such as lawyers, tax advisors, or real estate experts—before proceeding with any property investment. Regulations, tax policies, and Golden Visa requirements may change at any time without notice, and Kallos Properties assumes no liability for any such changes or third-party service performance. Investment carries risks, and all construction timelines or specifications are estimates subject to external factors.