Rent vs buy calculator
Is it better to rent or buy in Greece?
Compare the long-term cost of renting against buying in Greece — accounting for Greek purchase costs, ENFIA, insurance and maintenance, property appreciation, rent growth, and the opportunity cost of your deposit. See the break-even year and which leaves you better off over your time horizon.
Purchase price
Deposit
Mortgage rate
4.0%
Mortgage term
30 yrs
Current monthly rent
What you'd pay to rent a similar home
How long you'll stay
The single biggest factor in rent vs buy
10 yrs
After 10 years
Renting could leave you ~€11,767 better off
Renting stays ahead for all 10 years
- Net worth if you buy€201,998
- Net worth if you rent & invest€213,766
- Upfront to buy (deposit + costs)€90,670
- Monthly: mortgage vs rent (now)€1,146 · €1,000
- Home value in 10 yrs · your equity€403,175 · €214,093
Net worth over time
Buying (equity after selling costs) vs renting and investing the deposit, purchase costs and any monthly difference.
This calculator is provided for informational and illustrative purposes only and does not constitute financial, mortgage, investment, or legal advice. Results are estimates only and do not represent loan approval or lending offers. Lending criteria vary by bank and applicant profile.
This rent-vs-buy comparison is a simplified model for general information only — not financial, tax, investment or legal advice or a guarantee of any outcome. Results are highly sensitive to the assumptions (appreciation, rent growth, investment return), which are uncertain and will differ in reality. It excludes income tax, mortgage tax treatment, and your wider circumstances. Confirm all figures with a qualified Greek accountant and a regulated adviser before deciding.