Should I buy or rent a home in Greece?

If you have not spent a lot of time in Greece, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"Buying a home in Greece can be a great investment, as the country has a strong economy and a desirable climate. However, it is important to consider the cost of living in Greece, as well as the cost of purchasing a home. Renting a home in Greece can be a more affordable option, as it allows you to enjoy the benefits of living in Greece without the long-term commitment of buying a home. Additionally, renting a home in Greece can provide more flexibility, as you can move to a different area or even a different country if desired. Ultimately, the decision to buy or rent a home in Greece should be based on your individual needs and financial situation," remarked another expat in Greece.

"Ended up building our own house as one was not available where we wanted to be. Another story... quite a challenge, but it was nice to have exactly the building we wanted," said a member in Paros, Greece.

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Should I buy or rent a home in Greece?

If you live in Greece, newcomers to Greece would love to hear your answer to this question.

About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.