The Costs on Top of The Price
These are the same wherever you buy in Greece. Transfer tax on an existing home is 3.09%*, charged on the price or the property's official value, whichever is higher. With legal fees, notary, and registration added, budget for roughly 10% on top of the purchase price. The annual ENFIA tax is based on a property's official value and location, and it tends to be lower in less sought-after areas than in prime island spots. Renovation and upkeep also tend to be more economical here, simply because everything arrives by road.
*Important update: The Greek Prime Minister, Kyriakos Mitsotakis, has announced that the property transfer tax for purchases by non-EU citizens is set to rise to 15%, with the change expected to apply from 1 January 2027. The implementing legislation has not yet been published, so the final scope, including how it may treat plots of land and commercial property, is not yet confirmed.
Is It a Good Buy?
For value and lifestyle, Pelion makes a strong case. Lower entry prices mean your budget stretches further, and the running costs are easier to manage. On future growth, a less-developed area can have room to rise as it becomes better known, but that's never guaranteed. The sensible approach is to buy for the place and the way you'll use it, and treat any appreciation as a bonus. One genuine plus is that Pelion's prices are less tied to international speculation than the high-profile islands, which can make for a steadier picture.
Why Elxis?
We work across both the islands and the mainland, and we've been guiding international buyers to find their dream property in Greece since 1991. With Elxis, you get:
An in-house team of 10 lawyers, not outsourced work
Full due diligence on every property: titles, the National Cadastre, tax, and any outstanding obligations
Contract drafting and management of the whole transaction
Everything explained in your own language: English, Dutch, German, French, or Greek
A trusted network across Greece: notaries, surveyors, viewing teams, and technical specialists
Conclusion
Yes, Pelion is generally cheaper than the Greek islands, mainly because it's on the mainland, easy to reach by road, and far less tourist-heavy than the big-name destinations. You trade island prestige for value, forest and mountain scenery, and a gentler pace. For many buyers, that's a trade well worth making.
Disclaimer: This content is for informational purposes only and does not constitute legal or tax advice. For any issues relating to specific cases, we recommend consulting a lawyer, an accountant, or a notary depending on your needs.