6 Options For Property Investing In Greece + A Big Bonus
If Europe is on your list of places to explore, but you are worried you can’t afford it, a visit...
Read moreApartment or House Ownership Budget (for a couple)
| Expense | Monthly Cost | Notes |
|---|---|---|
| Mortgage | NA | Not included here as too variable. |
| HOA Fees | NA | |
| Transportation | 97 | Monthly cost of car ownership (insurance and gasoline). |
| Utilities | 107 | Including gas for cooking (22), electricity with air conditioning use (70), and water (15). |
| Cell phone | NA | Included in internet fee. |
| Internet | 35.40 | Including 24 Mbps, unlimited urban and long distance (landline), 300 mobile phone minutes, and 50+ TV channels (Vodafone Greece). |
| Cable TV | NA | Included in internet fee. |
| Household help | 80 | Four two-hour maid visits per month; 10 per visit. |
| Entertainment | 400.60 | Eating out twice a week at a mid-range, local restaurant: 120.
Drinks twice a week a nearby watering hole: 52.60 (beer: 3.50; glass of wine: 5; bottle of wine: 23). Movie theater trip twice a month: 28 (tickets: 7 per person). |
| Groceries | 80 to 160 | Between 20 and 40 euros spent per week on groceries for a couple. |
| Gym membership | 35 | Cost of one monthly membership. |
| Medical appointment | 50 | Cost of one brief exam, paid in cash or with credit or debit. |
| TOTAL | 885 to 965 | Monthly expenses for a couple. |
Apartment or House Rental Budget
| Expense | Monthly Cost | Notes |
|---|---|---|
| Rent | 400 | Unfurnished, two-bedroom, comfortable apartment in a desirable part of town. |
Penny-Pincher’s Budget (for a couple, bare minimum costs for all)
| Expense | Monthly Cost | Notes |
|---|---|---|
| Rent | 300 | Cheapest part of town; basic one-bedroom rental. |
| Transportation | 97 | Monthly cost of car ownership (insurance and gasoline). |
| Utilities | 107 | Including gas for cooking (22), electricity with air conditioning use (70), and water (15). |
| Cell phone | NA | Included in internet fee. |
| Internet | 35.40 | Including 24 Mbps, unlimited urban and long distance (landline), 300 mobile phone minutes, and 50+ TV channels (Vodafone Greece). |
| Entertainment | 200.60 | Eating out twice a week at a mid-range, local restaurant: 120.
Drinks twice a week a nearby watering hole: 52.60 (beer: 3.50; glass of wine: 5; bottle of wine: 23). Movie theater trip twice a month: 28 (tickets: 7 per person). |
| Groceries | 60 to 120 | Between 15 and 30 euros spent per week on groceries for a couple. |
| TOTAL | 800 to 860 | Monthly expenses for a couple. |
