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N. KOLYDAS I.K.E

Accounting • Tax • Business Advisory

Property Investment • Tax Structuring • ENFIA • Rental Income • Greece

Property Investment in Greece for Foreign Companies

Find a real estate tax accountant in Greece who can help a foreign company assess the correct tax and compliance route before investing in Greek property. Property investment in Greece is not only a real-estate transaction. It can involve Greek tax registration, ownership structure review, transfer tax, E9 and ENFIA obligations, rental income reporting, VAT questions, Special Real Estate Tax review and ongoing accounting compliance.

At N. KOLYDAS I.K.E., our accounting office supports foreign companies, investment vehicles and international groups that want to acquire, hold, lease or commercially exploit property in Greece. Here you will find structured tax and accounting support before and after the investment decision.

TAX
E9
VAT
SPV
Property Investment Compass Choose the right Greek property investment route before signing or restructuring.
Route A Direct Foreign Company Ownership

For foreign entities acquiring Greek property directly and needing Greek tax registration and post-acquisition monitoring.

Route B Greek SPV / Company Route

For investors considering whether a Greek company is more suitable for holding, leasing or operating property.

Route C Rental Income Structure

For properties that will generate long-term rental income, commercial rents or other recurring Greek-source income.

Route D Hospitality / Airbnb / Commercial Use

For projects that may require VAT, accounting, short-term rental, hospitality or operating-business review.

0 Years of accounting, tax and business advisory experience.
0 Accountants supporting Greek and cross-border business cases.
360° Tax, accounting, property reporting, rental income and compliance support.
SPV Route review for direct ownership, Greek company, branch or investment vehicle.
Find a property tax accountant in Greece

Here you will find tax and accounting support before the property investment is finalised.

Foreign companies investing in Greek real estate need more than a notarial deed and legal due diligence. The tax route should be reviewed before the transaction is completed, especially where the property will be held by a foreign company, a group structure, a Greek company, a branch, an SPV or another investment vehicle. The correct structure affects Greek tax registration, transfer tax procedures, E9 and ENFIA obligations, Special Real Estate Tax exposure, rental income reporting, VAT treatment and the annual compliance work that follows after acquisition.

What we clarify before the investment route is selected

Our role is to help the investor understand the tax and accounting consequences of the ownership route before the property is acquired or commercially exploited. This helps reduce avoidable tax exposure, late registrations, incomplete property reporting and post-acquisition compliance issues.

Ownership route Direct foreign company ownership, Greek company, branch, SPV, holding structure or operating-business route.
Greek tax registration Greek AFM, myAADE access, representative needs and registration steps before or after acquisition.
Property taxes and reporting Transfer tax, E9, ENFIA, annual monitoring and property-data consistency.
Income and operating model Long-term rental, commercial lease, short-term rental, hospitality, development or passive holding.
Who is this service designed for?
This service is designed for foreign companies, investment vehicles, holding companies, real estate investors, international groups and non-Greek businesses that want to acquire, hold, lease, operate or commercially exploit real estate in Greece.
Is this a legal or brokerage service?
No. This is a tax, accounting and compliance support page. Legal due diligence, contract drafting, real estate brokerage and notarial work should be handled by the appropriate professionals. We coordinate the tax and accounting side of the investment route.
Why should the tax route be reviewed before signing?
Because the ownership structure, country of the company, intended use of the property and income model can affect Greek tax registration, transfer procedures, annual property taxes, accounting obligations and possible Special Real Estate Tax review.
Can the investment be structured through a Greek company?
In some cases, a Greek company or SPV may be worth reviewing, especially where the property will be used for business activity, leasing, development, hospitality or long-term investment planning. The answer depends on the facts and should not be assumed automatically.
Property investment route finder

Choose the route that matches the investment plan.

“Property investment in Greece” can mean a passive holding asset, a rental-income structure, an Airbnb or hospitality project, a business premises acquisition, a development project or a group investment through a foreign company. The correct route should be identified before acquisition, not after the deed has been signed.

Direct ownership route

Foreign Company Acquiring Greek Property Directly

This route is suitable when the foreign company wants to acquire Greek real estate in its own name. The tax review should cover Greek registration needs, transfer tax coordination, E9 and ENFIA obligations, ownership transparency and post-acquisition monitoring.

  • Greek AFM and tax registration route for the foreign company.
  • Coordination of property transfer tax and transaction-side tax steps.
  • E9 and ENFIA follow-up after acquisition.
  • Special Real Estate Tax / EFA review where relevant.
Submit Direct Ownership Case
SPV review route

Greek SPV or Company for Property Investment

A Greek company or SPV may be relevant where the property will be leased, operated, developed, financed, combined with other Greek activities or held as part of a wider business structure. This route requires company, accounting, VAT and annual compliance planning.

  • Comparison of foreign-company ownership versus Greek company route.
  • Review of accounting, corporate tax and dividend considerations.
  • VAT and myDATA readiness if the company will operate commercially.
  • Bank account and UBO documentation coordination.
View Greek Setup Route
Rental income route

Property Investment Generating Rental Income

If the Greek property will produce rental income, the investor should review lease reporting, income taxation, annual filings, accounting records and whether the rental model is passive, commercial or connected with a wider business activity.

  • Rental income tax and filing route review.
  • Lease reporting and annual property income support.
  • E2 / income tax return coordination where applicable.
  • Ongoing accounting support for legal entities.
View Property Income Tax Filing
Operating route

Short-Term Rental, Airbnb or Hospitality Property Use

Short-term rental and hospitality use can create additional tax, VAT, registration, accounting and operating questions. The route should be reviewed before the investor starts marketing or operating the property.

  • Assessment of short-term rental versus hospitality activity.
  • VAT and business activity review where applicable.
  • Accounting and invoicing route for operating activity.
  • Connection with Greek company or branch route if needed.
Review VAT Route
Business-use route

Property Used for Commercial or Business Operations

If the property will be used as business premises, office, warehouse, shop, project base or hospitality asset, the investor may need broader Greek business, VAT, payroll, accounting and permanent establishment review.

  • Review of whether the property creates operational presence in Greece.
  • Connection with branch, company or permanent establishment analysis.
  • VAT, payroll and accounting support where commercial activity begins.
  • Post-acquisition compliance calendar for the business model.
View PE Review
Real estate tax and accounting services in Greece

Support before acquisition, after acquisition and during the income phase.

Here you will find accounting and tax services for foreign companies that want to invest in Greek real estate with a clear route. The scope can be limited to pre-investment review or extended to ongoing accounting, property reporting and income tax compliance after the investment is completed.

01

Pre-Investment Tax Route Review

Assessment of the ownership and tax route before the company commits to the transaction.

  • Foreign company or Greek SPV
  • Holding versus operating use
  • Tax registration needs
  • Annual compliance exposure
02

Greek Tax ID & Registration Support

Support for the Greek tax registration route required before or after the investment step.

  • Greek AFM route
  • myAADE access coordination
  • Representative needs
  • Company data review
03

Transfer Tax Coordination

Tax-side coordination before the transfer is completed, alongside the legal and notarial process.

  • Transfer tax route
  • Buyer-side tax coordination
  • Transaction timing
  • Document consistency review
04

E9 / ENFIA Follow-Up

Support for post-acquisition property reporting and annual property tax monitoring.

  • E9 property reporting
  • ENFIA monitoring
  • Property data consistency
  • Annual compliance calendar
Property tax alerts

Issues that should be checked before and after the investment.

Greek property investment through a company creates continuing obligations. The transaction is only the first step. The investor should also review property reporting, annual taxes, income generation, VAT implications, ownership transparency and whether the property will be connected with a Greek business activity.

01

Transfer tax

Real estate transfer tax is a buyer-side issue and must be coordinated before the deed is completed.

02

E9 and ENFIA

After acquisition, the property must be monitored for E9 reporting and annual ENFIA property tax purposes.

03

Special Real Estate Tax

Legal entities owning Greek real estate may require review of EFA/SRET exposure and exemption documentation.

04

Rental income

If the property generates income, the tax filing route must be planned before the lease or operating model starts.

05

VAT treatment

VAT may become relevant depending on the type of property, activity, lease, hospitality use or broader commercial model.

06

Greek business presence

Commercial use may require review of Greek company, branch, permanent establishment, payroll or accounting obligations.

How we work

A structured route from investment idea to post-acquisition compliance.

The objective is not only to complete the property acquisition. The objective is to help the foreign company understand the correct tax structure, complete the required Greek tax steps and remain compliant after the property is acquired or starts producing income.

1

Investment Intake

We collect the basic facts: investor, country, entity type, property use, timing, income model and transaction stage.

2

Route Review

We assess whether the case points to direct ownership, Greek SPV, branch, rental route, VAT route or business setup.

3

Registration Map

We identify Greek AFM, myAADE, representative, documentation and property tax steps required for the case.

4

Transaction Coordination

We coordinate the tax-side steps with the investor, lawyer, notary and other professionals where required.

5

Post-Acquisition Support

We support E9/ENFIA, income tax, accounting, rental, VAT or company obligations after the acquisition is completed.

Greek property tax signals

The investment should be reviewed as a continuing compliance project.

A foreign company that owns Greek real estate may have obligations before acquisition, at signing, after registration and during the income-producing phase. The key is to identify the correct sequence before deadlines or filings become urgent.

3% Transfer tax Standard transfer tax on taxable value, with municipal surcharge on the tax amount.
E9 Property reporting Property acquisition or changes must be reflected through the Greek property reporting route.
ENFIA Annual property tax Annual tax monitoring is based on the real estate rights existing on January 1 each year.
EFA Special Real Estate Tax Legal entities owning Greek property may need special tax exposure and exemption review.
0

Investment Readiness

Most foreign property investment cases need a tax route review before the transaction is ready for completion.

Readiness checklist

What should be clear before acquisition or exploitation.

If these points are not clear, the investment should not move directly to signing or operation. It should first be structured properly so that the investor understands the Greek tax and compliance position.

Who will own the property? Foreign company, Greek company, branch, SPV, holding entity or another investment vehicle.
Will the property generate income? Rental, commercial lease, short-term rental, hospitality or passive holding require different compliance routes.
Is the Greek tax registration route ready? AFM, myAADE access, representative needs and company documentation should be checked early.
Are post-acquisition obligations mapped? E9, ENFIA, income tax filings, accounting records, VAT and annual monitoring should be planned in advance.

Professional note

Property investment in Greece through a foreign company should not be treated as a simple purchase. The tax registration route, property reporting, annual obligations, income model and ownership transparency should be reviewed before the investment structure is activated.

Service deliverables

What our property investment support can include.

The exact scope depends on the investor, entity type, transaction stage and intended use of the property. In every case, the objective is to give the foreign company a clear tax route and a practical compliance plan before and after the investment.

Pre-investment tax route assessment

We review the investment plan and identify whether direct ownership, Greek company, branch, rental route, VAT route or business setup should be considered.

  • Investment model review
  • Ownership structure assessment
  • Greek registration needs
  • Initial tax and compliance map

Greek tax registration and transaction support

We support the tax-side steps that may be required before or during the property acquisition process.

  • Greek AFM route
  • myAADE access coordination
  • Transfer tax coordination
  • Communication with transaction professionals

E9, ENFIA and annual property monitoring

After acquisition, the foreign company may need ongoing monitoring for Greek property reporting and annual property taxation.

  • E9 property reporting support
  • ENFIA monitoring
  • Property-data consistency review
  • Annual deadline tracking

Rental income, VAT and accounting support

If the property generates income or is used commercially, we help define the next tax and accounting obligations.

  • Rental income filing route
  • VAT and business activity review
  • Accounting records for legal entities
  • Ongoing tax compliance support

Why choose N. KOLYDAS I.K.E. for property investment tax support in Greece?

Our accounting office combines real estate tax support, corporate tax coordination, VAT review, company setup knowledge and ongoing accounting compliance. This is important for foreign companies because property investment often connects acquisition, ownership structure, income generation, annual reporting and wider Greek market-entry questions.

26 years of expertise Long-standing professional experience in Greek accounting, taxation and business compliance.
Dedicated accounting team A structured office with a team able to support recurring property and company obligations.
Legal coordination Permanent legal support available for company, registry and documentation issues where required.
Foreign investor focus Support for foreign companies, holding structures and investors entering the Greek property market.
Pull-down case menu

Common property investment scenarios we review.

Each foreign investment case has different tax, VAT, property reporting and accounting consequences. Open the relevant scenario below to see what usually needs to be checked before the Greek route is finalised.

A foreign company wants to buy property in Greece directly.
We usually review the Greek tax registration route, transfer tax coordination, company documents, ownership transparency, E9/ENFIA obligations and whether Special Real Estate Tax review is required.
The investor is considering a Greek company or SPV.
We review whether a Greek company could be appropriate based on the investment model, expected income, VAT position, accounting obligations, banking needs and future exit or expansion plans.
The property will generate rental income.
We review the income tax route, lease reporting, annual filings, E2/E3 implications where relevant, accounting records and whether the income is passive or connected with business activity.
The property will be used for short-term rental or hospitality.
We review whether the model is simple short-term rental, accommodation activity, hospitality business or another operating structure, and whether VAT, accounting or company setup issues arise.
The property will be used by the foreign company’s business.
We review whether the use of the property creates Greek operational presence, branch/company considerations, VAT, payroll or permanent establishment exposure.
Detailed FAQ

Questions foreign companies usually ask before investing in Greek property.

These questions help determine whether the first step should be direct acquisition support, Greek tax ID registration, SPV review, property income filing, VAT review or wider business setup in Greece.

Can a foreign company buy property in Greece?
Yes, a foreign company may acquire property in Greece, but the correct route depends on the company’s country, documentation, ownership structure, intended use of the property and Greek tax registration requirements.
Does the foreign company need a Greek tax ID before acquisition?
In many cases, the foreign company will need a Greek tax registration route before the acquisition or before certain tax and notarial steps can be completed. The exact requirements depend on the transaction and the company documents.
Should the property be acquired directly or through a Greek company?
There is no automatic answer. Direct foreign company ownership may be suitable in some cases, while a Greek company or SPV may be more appropriate when the property will be operated, leased commercially, developed or connected with wider Greek business activity.
What tax obligations continue after acquisition?
Post-acquisition obligations may include E9 property reporting, ENFIA monitoring, rental income filings, accounting records for legal entities, VAT review where applicable and annual tax compliance.
What is Special Real Estate Tax / EFA?
Special Real Estate Tax is a specific Greek property-related tax framework relevant to legal entities owning Greek real estate. It requires careful review of ownership transparency and exemption conditions. The page does not replace a detailed legal or tax opinion.
Can you support Airbnb or hospitality property use?
Yes, we can review the tax, VAT, accounting and registration-side implications of short-term rental, hospitality or accommodation activity. Legal licensing and operational permissions should be reviewed with the appropriate legal professionals.
Do you provide legal due diligence or real estate brokerage?
No. We provide tax, accounting and compliance support. Legal due diligence, property title review, contract drafting, notarial work and real estate brokerage should be handled by the appropriate professionals.
What is not included in the initial property investment review?
Unless separately agreed, the initial review does not include legal due diligence, property valuation, brokerage, notarial fees, official translations, government fees, special legal opinions, bank fees or ongoing accounting work beyond the agreed scope.

Planning a property investment in Greece through a foreign company?

Submit the facts before you sign or structure the investment. We will review the ownership route, tax registration needs, property tax implications, income model and the post-acquisition compliance steps required in Greece.

Let’s Talk!

Thinking of establishing a company? Are you looking for reliable partners to manage your accounting records or for tax advice?

Schedule an appointment by phone, and we will be delighted to discuss potential collaboration with you. 

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Operated by N. KOLYDAS I.K.E International Tax, VAT & Business Setup Services in Greece