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Rent vs Buy Calculator

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

Model the mortgage, property value, ownership and renting costs, and investment returns in one comparison.

Time horizon

Buying a home

≈ €9,000 annual increase
≈ €60,000 down payment

Ongoing ownership costs

Transaction costs

One-time costs when buying: taxes, notary, lawyer, agent fees
One-time costs when selling: agent, lawyer, other fees

Renting

≈ €30/month increase yearly

Other renting costs

The deposit itself is returned; the result includes only its missed investment return.

Investment assumptions

Expected annual return on investments. Contributions are not counted as profit.
This is a nominal gain/loss estimate: inflation and present-value discounting are not applied. Real results can differ because of financing terms, unexpected costs, taxes and market uncertainty.
Summary Analysis

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

A useful medium-term case for seeing whether appreciation can recover buying and selling costs.

€300,000 apartment, 20 years

A long-horizon case where property growth, mortgage interest and the invested down payment compound materially.

€150,000 apartment, 5 years

Short horizons make buying and selling costs especially important; small assumption changes can reverse the result.

High rent market (€1,500/month)

High rent changes the monthly amount available to invest and can materially shift the comparison.

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.

Sources & legal basis

Last updated: 15 January 2026