Transferring Money to Greece: What International Property Buyers Need to Know in 2025
So, you're buying in Greece? Opa! Whether it's a whitewashed cottage in the Cyclades, a villa in Crete, or a pied-à-terre in Athens, one thing’s for sure: you're in for an adventure (and hopefully a few glasses of ouzo along the way).
But let’s pause the daydream for a moment and talk logistics specifically, transferring your money.
If you’re coming from abroad, whether the US, UK, Canada, or elsewhere you’ll need to convert your funds into euros. And how you do it can make a big difference to your budget, timeline, and stress levels.
Here’s what international buyers should know about moving money to Greece for a property purchase in 2025.
Why Currency Strategy Matters When Buying in Greece
Greek property prices are still incredibly attractive compared to much of Western Europe but don’t let those price tags fool you. Once you factor in the currency exchange, the total cost can shift more than you’d expect.
Even a small change in the exchange rate can cost or save you thousands.
On a €250,000 property, a 2% difference could mean €5,000 more or less, depending on when and how you transfer.
The good news? You can take control of this if you plan ahead.
Why Using Your Bank Might Not Be Your Best Option
Many buyers assume it’s easiest to transfer money through their home bank. It is easy but it’s rarely the most cost-effective. Banks typically:
Offer poor exchange rates (with hidden margins)
Charge hefty fees
Don’t offer tools to manage market movement
Won’t guide you if the rate shifts at the wrong moment
Using a specialist currency provider like Moving Currency means:
Better rates
Low or no transfer fees
Expert help and timing strategies
Transfers tailored to Greek property timelines
Can You Lock in a Good Rate in Advance?
Yes, and in Greece this is especially useful.
Why? Because the buying process can be slower than expected (hello, Greek bureaucracy), and currency rates can move while you're waiting on approvals or paperwork.
With a forward contract, you can:
Lock in the rate now
Transfer your money later (up to 12 months ahead)
Avoid sleepless nights watching the markets
This protects your euro cost,even if your notary appointment gets pushed (again ).
How Property Payments Work in Greece
Greek property deals typically involve:
A reservation or deposit (sometimes non-refundable)
Final payment at the contract signing with the notary
Funds are usually paid to:
Your Greek lawyer’s client account
The seller’s representative
Occasionally, a real estate agency if managing the transaction
Greek regulations are strict, and proof of funds is often required so having a reliable, trackable transfer method is essential.
At Moving Currency, we ensure your euros arrive safely and on time with documentation to match.
When Should You Start Planning Your Currency Transfers?
The earlier the better. Even if you’re still browsing properties on Hydra or dreaming about that fixer-upper in the Peloponnese, it’s worth chatting with us early.
We can:
Help you calculate your euro buying power
Set up alerts for good exchange rates
Discuss whether it makes sense to lock in a rate
The more prepared you are, the more confident you’ll feel when the right property comes along.
We’ll Help You Navigate the Journey
At Moving Currency, we’ve helped countless international buyers transfer funds for their Greek property purchases smoothly, safely, and with less stress.
Whether you’re buying a family holiday home, retiring in Greece, or investing in a short-term rental on Mykonos, we’re here to support you.
You’ll get:
A dedicated contact
Guidance through every transfer
Reliable support tailored to the Greek process
Ready to Chat?
If you’re buying in Greece, don’t leave your money transfer to the last minute. A quick conversation could save you thousands and a few headaches too.
Book a free call with Claire
Or visit www.movingcurrency.com
Let’s make sure your money gets to Greece with as little fuss (and as much sunshine) as possible.