Greek outlet To10 reports that Olympiacos will pay Inter a fee of around €2 million.
With deadline day looming, Inter has still not managed to find a new club for striker Taremi. The Iranian has looked set to leave Inter for much of the summer transfer window.
Reportedly, Leeds United and Fulham have shown an interest in bringing Taremi to the Premier League. Meanwhile, Ligue 1 side Lille has also come forward.
Botafogo and Flamengo had already tried to bring Taremi to Brazil. However, the 33-year-old has made clear that he prefers to stay in Europe.
However, according to Greek outlet To10, Taremi has said yes to a move to a different club in Athens in the form of Olympiacos.
They report that the former Porto striker will sign a two-year contract with the Greek giants.