Where is the entry threshold lower — Cyprus or Greece?
Starting price for Cyprus: from €200,000; Greece: from €150,000. The lower entry threshold is Greece. But entry price is not the only factor — also look at transaction taxes and yield.
Destination comparison
Cyprus or Greece: where to buy property
Two destinations for resort and investment property side by side — entry price, ownership, residency, taxes and yield. Yield figures are an estimate, not a guarantee.
Key parameters
Cyprus vs Greece — comparison table
ParameterCyprusGreece
Entry pricefrom €200,000from €150,000
Yield4-7% long-term, 6-10% short-term Airbnb4-7% long-term, 8-12% Airbnb on the islands
OwnershipFREEHOLD + Permanent Residency for €300K (EU)FREEHOLD + Golden Visa (3-tier: €250K/€400K/€800K)
Residency by purchaseYes, from €300,000 + €50,000 annual income · 2-3 monthsYes, from €250,000 / €400,000 / €800,000 (3-tier by region) · 2-6 months
Top locationsLimassol, Paphos, Ayia NapaAthens, Thessaloniki, Crete
Taxes
Purchase taxes — in brief
Cyprus: VAT (new build, first home) 5%; VAT (resale/investment) 19%; Transfer fee 0,15-0,4%; Stamp duty 0,15-0,2%; Property tax (annual) 0%; Income tax on rentals 20-35% progressive
Greece: Transfer tax (resale) 3,09%; VAT (new build) 24%; ENFIA (annual) 0,001-13 €/m²; Rental income tax 15-45% progressive; Capital gains 15%
FAQ
Cyprus or Greece — common questions
Where is rental yield higher — Cyprus or Greece?
Yield range for Cyprus: 4-7% long-term, 6-10% short-term Airbnb; Greece: 4-7% long-term, 8-12% Airbnb on the islands. By the upper bound it is higher in Greece. High yield is usually tied to resort short-term rentals and greater seasonality.
What about ownership rights for foreigners?
Cyprus: FREEHOLD + Permanent Residency for €300K (EU). Greece: FREEHOLD + Golden Visa (3-tier: €250K/€400K/€800K). This is the key fork — freehold is more secure than leasehold but is not available everywhere and is often limited by zones or property type.
Where can you get residency by buying — Cyprus or Greece?
Cyprus — residency available from €300,000 + €50,000 annual income. Greece — residency available from €250,000 / €400,000 / €800,000 (3-tier by region). If the goal of the deal is resident status, this is the decisive factor.
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