Rent vs Buy Calculator

Compare the long-term financial impact of renting vs buying a property in Greece 2025.

Includes Greek property taxes, ENFIA, TAP, mortgage calculations and investment returns.

🏡 Σενάριο Αγοράς

≈ €9,000 annual increase
≈ €60,000 down payment
🔧 Maintenance & Ongoing Costs
💰 Transaction Costs
💡 One-time costs when buying: taxes, notary, lawyer, agent fees
💡 One-time costs when selling: agent, lawyer, other fees

🏠 Renting Scenario

≈ €30/month increase yearly

📈 Investment Options

💡 Expected annual return on investments (stocks, bonds, etc.)
❗ This calculator gives rough estimates. Real results may be very different due to personal situations, unexpected costs, specific mortgage terms, taxation changes, and market uncertainty.

Rent vs Buy Examples

Based on typical market assumptions: 3% property growth, 5% investment returns, 4.5% mortgage rate, 3% annual rent increase

€200,000 apartment, 10 years

With 20% down (€40,000) and €800/month rent alternative, buying could be better by ~€15.000-25.000

€300,000 apartment, 20 years

With 20% down (€60,000) and €1,000/month rent alternative, buying typically beats renting by ~€50.000-80.000

€150,000 apartment, 5 years

Short-term buying often loses due to transaction costs. With €700/month rent, renting could be better by ~€10.000-20.000

High rent market (€1,500/month)

For a €400,000 property over 15 years, buying often wins due to high rent savings, advantage ~€60.000-100.000

Low deposit scenario (10%)

€250,000 property with only 10% down means larger loan and more interest. Results vary based on rate and duration.

Investment-focused renter

If you invest the down payment + monthly mortgage savings at 7%+ returns, renting can sometimes beat buying long-term.

Results highly depend on property value growth, investment returns, and how long you stay. Use the calculator above with your specific numbers.