New Builds & Off-Plan

New Developments in Greece: Off-Plan & New-Build Properties

New developments in Greece offer energy-class-A homes, staged payment plans and pre-completion pricing — sourced directly from 13+ vetted Greek developers by BUY GREECE®, a property technology real estate company with teams in both the US and Greece.

Buying From a Developer

What does buying off-plan in Greece mean?

Buying a new development in Greece means purchasing directly from a developer — either off-plan (before or during construction) or newly completed. Off-plan buyers typically pay 20–30% on signing with the balance in construction milestones, enter below the completed market price, and receive a modern energy-class-A home with builder guarantees. VAT on new builds is suspended to 31 December 2026, so most buyers pay only the 3.09% transfer tax; a 2027–2030 extension has been announced but is not yet law. BUY GREECE® vets every developer's track record, permits and titles before a project reaches our clients.

The Case for New Build

Why buyers choose new developments

Energy class A

New Greek builds meet modern EU energy standards — lower running costs and stronger resale and rental demand.

Staged payments

Pay in construction milestones instead of all at once — easier cash-flow planning for international buyers.

Pre-completion pricing

Off-plan prices sit below completed stock; well-located projects appreciate before delivery.

Builder guarantees

Structural warranties and snagging periods protect your investment after handover.

Customization

Choose finishes, layouts and upgrades while the project is still in construction.

Golden Visa eligible

Qualifying new builds count toward the Greece Golden Visa investment thresholds.

Where to Buy New‑Build

Development hotspots in Greece

Athens Riviera

The Ellinikon & the coast

Europe's largest urban regeneration project anchors a wave of premium coastal developments. Read our Ellinikon guide. Attica, district by district →

Southern Suburbs

Glyfada, Voula & Vouliagmeni

Boutique apartment buildings and maisonettes in the most in-demand suburbs of Athens — where our Greek office is based.

Athens Center

Urban renovation projects

Full-building conversions near the historic center: strong long-let demand (new short lets are frozen in the central districts), and the €250,000 Golden Visa route if the change of use is finished before you apply.

The Islands

Crete, Paros & beyond

Resort-grade villa projects with sea views and managed rental programs.

The Developer Question

Trusted developers in Athens & Greece for foreign buyers

The single biggest risk in a Greek new-build purchase is the developer, not the property. BUY GREECE® maintains a vetted network of 13+ Greek developers whose delivered projects, financials, permits and title history we verify before any project reaches a client — and because we represent the buyer, not the builder, our developer relationships work for you: direct pricing, milestone-protected contracts and construction monitoring from our Glyfada office.

Vetting

Track record first

Delivered buildings inspected, litigation history checked, financial standing confirmed — before a single client viewing.

Alignment

Buyer-side only

We are never the developer's sales office. Our fee structure keeps us on your side of the table in every negotiation.

Access

Direct developer pricing

Partnership volume means our clients buy at developer-direct terms, often before public release — ask which projects are open now.

Buying Off-Plan, Safely

How BUY GREECE® de-risks your purchase

Step 1

Developer vetting

We work only with developers whose track record, financials and delivered projects pass our verification.

Step 2

Permit & title checks

Building permits, land titles and encumbrances are independently confirmed before you commit.

Step 3

Milestone contracts

Payments are tied to certified construction stages in a notarized contract — never ahead of progress.

Step 4

Construction monitoring

Our Athens team tracks progress on the ground and reports to you across time zones.

Step 5

Snagging & delivery

Pre-delivery inspection, snag resolution and final handover with all certificates in place.

Next

Start your search

See current listings or read the complete buying guide.

New Development FAQ

Common questions about buying off-plan

Is it safe to buy off-plan property in Greece?

It can be, when the developer, permits and contract are checked first. Confirm the building permit, the land title and any encumbrances, review the developer's completed projects, and tie each payment to a certified construction milestone. Your own Greek lawyer should review the contract before any deposit. BUY GREECE® vets developers, permits and titles before a project reaches clients, but independent legal review remains essential.

How much deposit does an off-plan purchase in Greece require?

Typically 20–30% at contract signing, with the balance paid in stages as construction milestones are certified and the final payment at delivery. Tie every payment to a stage that an independent engineer or your lawyer can verify, not to a calendar date, and check that the contract states what happens if the developer misses a milestone.

Do I pay VAT on a new build in Greece?

Not where the developer has elected the VAT suspension, legislated to 31 December 2026 (Law 5246/2025). The buyer then pays 3.09% transfer tax instead of 24% VAT, charged on the higher of the price and the objective value. An extension for 2027–2030 was announced in September 2026 but is not yet law, and a Greek lawyer or accountant confirms which regime applies to your contract.

Can foreigners buy off-plan property in Greece?

Yes. In practice the purchase needs an AFM tax number, a Greek lawyer and a notary, and non-EU buyers need extra approval only in border areas such as Santorini and the Dodecanese. A 15% transfer tax on homes bought by non-EU individuals was announced in September 2026, expected from 1 July 2027; it is not yet law, and its treatment of contracts signed earlier is undefined. See our U.S. buyer legal guide.

Do new developments qualify for the Greece Golden Visa?

Yes, if the home is one property at or above the regional threshold with at least 120 m² of main living space. The threshold is €800,000 in Attica, Thessaloniki, Mykonos, Santorini and islands of more than 3,100 residents, and €400,000 elsewhere (Law 5100/2024). Parking and storage do not count toward the 120 m². When an off-plan unit can support an application is a question for a Greek lawyer. See our Golden Visa guide.

Are new construction homes in Greece rising in value faster than older homes?

Slightly, on the latest data: new apartments rose 6.2% in a year, against 5.0% for older ones (Bank of Greece, Q2 2026). The national index rose 5.5% in the same period, down from 9.1% in 2024 (provisional figures released 15 September 2026). New builds add modern energy performance and staged payments; whether that justifies a higher price per square meter depends on the project and the area.