by How property valuations work in Greece — and what they actually cost
Buying, selling, inheriting or applying for a Golden Visa? Here’s exactly what a certified property valuation in Greece involves, when you need one, and what to budget — explained by a PeopleCert-certified valuer with 15+ years on Samos.
A property valuation is a documented, independent estimate of a property’s market value, prepared by a certified valuer. In Greece, banks, notaries, courts and government authorities only accept valuations that follow recognised international standards — which is why a quick online estimate or an agent’s opinion won’t do when something official is at stake. Learn about our full certified property valuations in Greece.
When you need a certified valuation in Greece
- Buying — confirm you’re paying a fair price before you commit
- Selling — set a realistic asking price backed by evidence (see selling your property)
- Golden Visa — prove the investment amount to the authorities (see the Greek Golden Visa)
- Inheritance or donation — establish fair market value for tax purposes
- Mortgage or refinancing — Greek banks require an independent valuation
- Tax declaration abroad — a certified report accepted in your home country
- Disputes & court cases — a legally recognised appraisal for litigation
The three-step process
1. Submit your request
Share the property details, location and the purpose of the valuation. Purpose matters — a bank mortgage, a court case and a Golden Visa each require a slightly different emphasis.
2. Inspection & analysis
The valuer inspects the property in person or remotely by video, then analyses location, condition, construction quality, comparable sales and market trends. A civil-engineering background helps here — building codes and renovation costs feed directly into an accurate figure.
3. Receive your report
You get a written report with a justified market value, accepted by banks, lawyers and authorities — typically within 5–10 working days, in Greek and English.
What does a property valuation cost in Greece?
Fees depend on property type, size and location. Residential valuations typically start from €300–€500. Larger, rural or complex properties cost more. The methodology follows the internationally accepted approaches — comparative market analysis, income approach and cost approach — under EVS, IVS and RICS standards.
🏦 A certified valuation from Samos Housing is accepted by all major Greek banks (National Bank, Alpha Bank, Piraeus) and is registered with the Greek Ministry of Finance. Need permits or surveys alongside it? See our engineering services and topographic plans.
Why the valuer’s credentials matter
An accepted valuation is only as good as the person signing it. Look for a certified valuer registered with the authorities and compliant with international standards — not just a market opinion. That’s the difference between a report a bank or notary will act on and one they’ll reject.
Need a certified valuation in Greece or Cyprus?
Request a valuation quote →Frequently asked questions
How much does a property valuation cost in Greece?
Residential valuations typically start from €300–€500, depending on type, size and location.
Can foreigners get a valuation, and can it be done remotely?
Yes. Both EU and non-EU citizens can request one, and it can be handled remotely via a video inspection with the report delivered digitally.
Is the valuation valid for the Greek Golden Visa?
Yes. A report compliant with IVS, EVS and RICS standards is accepted for Golden Visa and residency applications.
How long does it take?
Most reports are delivered within 5–10 working days.
