Apartments for sale in Rhodes continue to attract foreign investors looking for a secure entry into the Greek real estate market. From EU citizens seeking holiday homes to non-EU buyers aiming for rental income or residency options, Rhodes offers strong opportunities—but only when the legal process is handled correctly. At Greece Invests, we believe that understanding the legal framework is just as important as choosing the right property.

This guide explains the essential legal tips every foreign investor should know before buying an apartment in Rhodes, helping you avoid common mistakes and move forward with confidence.

Can Foreigners Legally Buy Property in Rhodes?

Yes—foreign nationals can legally buy apartments for sale in Rhodes, whether they are EU or non-EU citizens. Greece has one of the most open real estate markets in Europe for international buyers.

There are no restrictions on ownership for most foreign buyers in Rhodes, as it is not classified as a sensitive border area. This makes the process more straightforward compared to some other Greek regions.

However, while ownership is permitted, the legal process must be followed carefully, especially for buyers unfamiliar with Greek property law.

Step One: Obtaining a Greek Tax Number (AFM)

Before you can purchase any apartment in Greece, you must obtain a Greek tax identification number, known as an AFM.

Why is this required?

• To sign contracts

• To open a Greek bank account

• To declare property ownership

• To pay property-related taxes

The process is simple and can be completed in person or via a legal representative. At Greece Invests, we assist clients with this step to ensure there are no delays.

Opening a Greek Bank Account

While not always legally mandatory, opening a Greek bank account is strongly recommended when buying apartments for sale in Rhodes.

A local account helps with:

• Transferring purchase funds

• Paying notary and legal fees

• Covering property taxes and utility bills

• Managing rental income

Using a Greek bank also improves transparency and simplifies compliance with Greek tax regulations.

Hire an Independent Property Lawyer (Essential Step)

One of the most important legal tips for foreign investors is to hire an independent lawyer who represents only your interests.

Your lawyer will:

• Verify the seller’s legal ownership

• Check the property title and land registry

• Ensure the apartment is free from debts, liens, or disputes

• Review contracts before signing

• Represent you if you are not in Greece

Never rely solely on agents or sellers for legal assurance. A qualified lawyer is your primary protection when buying apartments for sale in Rhodes.

Legal Due Diligence: What Must Be Checked

Before signing any agreement, thorough legal due diligence is required.

Your lawyer should confirm:

• Clear and registered ownership

• Correct zoning and land use

• No outstanding mortgages or claims

• Legal construction permits

• Compliance with urban planning regulations

This step is especially important for older apartments or properties in historic areas like Rhodes Old Town, where regulations can be stricter.

Technical Inspection and Building Legality

In addition to legal checks, a licensed engineer should inspect the apartment.

This inspection confirms:

• Structural condition

• Legal construction and extensions

• Compliance with building permits

• Energy performance certification (mandatory)

Buying apartments for sale in Rhodes without a technical inspection can lead to unexpected renovation costs or legal complications later.

Signing the Preliminary Agreement (Optional but Common)

In many cases, buyers and sellers sign a preliminary agreement before the final contract.

This agreement:

• Reserves the apartment

• Sets the purchase price

• Defines payment terms

• Includes penalties if either party withdraws

A deposit (usually 5–10%) is typically required. Always ensure your lawyer reviews this document before signing or transferring funds.

The Final Purchase Contract and Notary Process

All property transactions in Greece must be completed before a public notary.

At this stage:

• The final contract is read and signed

• The full purchase price is paid

• Ownership is legally transferred

• Taxes and fees are settled

If you cannot attend in person, a power of attorney allows your lawyer to sign on your behalf—very common for foreign investors buying apartments for sale in Rhodes.

Registration at the Land Registry

After signing, the contract must be registered with the Land Registry or Cadastre.

This step:

• Officially records you as the owner

• Protects your ownership rights

• Completes the legal transaction

Ownership is not fully secured until registration is complete.

Taxes and Ongoing Legal Obligations

Foreign owners of apartments for sale in Rhodes should be aware of ongoing obligations:

Property Transfer Tax

• Usually paid by the buyer

• Calculated based on property value

Annual Property Tax (ENFIA)

• Paid every year

• Based on size, location, and value

Rental Income Tax

• Applies if you rent out the apartment

• Requires proper tax declarations

A local accountant is recommended to ensure compliance.

Golden Visa Considerations for Non-EU Buyers

Non-EU investors may qualify for the Greek Golden Visa by purchasing qualifying real estate.

Key benefits include:

• Residency rights in Greece

• Visa-free travel within Schengen

• Family inclusion

Rules and thresholds can change, so professional legal advice is essential before purchasing apartments for sale in Rhodes with residency goals in mind.

Common Legal Mistakes Foreign Buyers Make

Avoid these frequent errors:

• Skipping independent legal representation

• Paying deposits without contracts

• Ignoring zoning or building legality

• Underestimating taxes and fees

• Buying without a technical inspection

At Greece Invests, we help clients avoid these pitfalls through structured guidance and trusted legal partners.

Why Legal Guidance Matters When Buying in Rhodes

Greek property law is reliable but procedural. Small oversights can cause delays, fines, or complications later. Working with experienced professionals ensures your purchase is smooth, secure, and stress-free.

Final Thoughts

Buying apartments for sale in Rhodes is a rewarding opportunity for foreign investors—but success depends on legal clarity and proper preparation. With the right legal support, transparent processes, and local expertise, owning property in Rhodes can be both safe and profitable.

At Greece Invests, we combine real estate insight with legal guidance to protect your investment from day one. If you’re considering buying in Rhodes, make sure your first step is an informed one.