Properties Under €200K in Greece
Explore properties under €200,000 in Greece. Mid-range real estate options with excellent value for families and investors.
Quick Answer
The €100,000-€200,000 price range in Greece opens up many more options, including move-in ready apartments in desirable locations, small villas in secondary markets, and larger properties in smaller towns. This budget often provides the best balance of quality and value. See our methodology.
Casza Market Summary: Greece
Methodology- •Average rental yield is 5.8% gross annually.
- •Cost of living index is 52 (48% cheaper than Western Europe average).
- •Golden Visa residency available with €250K+ property investment.
- •Foreign nationals can purchase property without restrictions.
- •Safety rating: 5/5 - considered very safe for expats and tourists.
Market Insights: Greece
- •Greece offers 5.8% average rental yields, compared to Indonesia's 8.5% top yield.
- •Greece's Golden Visa requires €250K minimum investment, compared to Italy's €250K.
- •With a safety index of 5/100, Greece ranks #2 for safety among popular expat destinations.
Data updated quarterly. See methodology
Overview
The €100,000-€200,000 price range in Greece opens up many more options, including move-in ready apartments in desirable locations, small villas in secondary markets, and larger properties in smaller towns. This budget often provides the best balance of quality and value.
Greece offers diverse property options across 3 distinct regions, each with unique characteristics and investment potential. Whether you're looking for a vacation home, rental property, or permanent residence, understanding the local market is essential for making an informed decision.
With a budget under €200K, you can find properties in regions like Santorini, Peloponnese, and Crete. Each offers distinct advantages depending on your priorities.
Popular Regions in Greece
Frequently Asked Questions
What can I buy for under €200K in Greece?
This budget typically gets you a 2-3 bedroom apartment in popular areas, a small villa in secondary locations, or a renovated townhouse in charming villages.
Can I get a mortgage for property under €200K as a foreigner?
Yes, most banks in Greece offer mortgages to non-residents, typically requiring 30-40% down payment. The loan amount would be €120,000-€140,000.
What are the best regions for properties under €200K?
Look at secondary regions away from prime tourist hotspots. You'll find better value while still having good infrastructure and rental potential.
Is €200K enough for a good investment property?
Yes, this budget can yield 4-6% rental returns in good locations. Focus on areas with tourist appeal or growing expat communities.
Related Greece Guides
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- Golden Visa ProgramsResidency through investment
- How to Buy in GreeceComplete buying guide
- Greece Mortgage GuideFinancing for foreigners
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- The Casza Index Q1 2026Market report