Greece Golden Visa Properties
As of the latest updates in September 2024, Greece continues to offer attractive opportunities for investors seeking Golden Visas through real estate investment. Despite the recent regulatory changes announced in March 2024, it remains possible to apply for the Greek Golden Visa by investing in exempted properties for as low as €250,000.
Current Investment Thresholds and Requirements for Greece Golden Visa:
- €800,000 Minimum Investment: In high-demand areas such as the entire administrative region of Athens, including Piraeus, and popular destinations like Thessaloniki, Mykonos, Santorini, and other densely populated islands, the minimum investment threshold has increased to €800,000. These areas are prime locations with significant tourism and business appeal, offering long-term growth potential.
- €400,000 Minimum Investment: In the rural and less densely populated regions of Greece, the investment threshold has risen to €400,000. These areas, while quieter, offer significant opportunities for growth, particularly in residential neighborhoods and smaller islands where properties remain in high demand. Investors in these regions benefit from competitive entry points while enjoying the relaxed lifestyle and natural beauty Greece has to offer. Under this threshold, the investment must be in a single property of at least 120 square meters.
- €250,000 Exempted Properties: Investors still have the option to qualify for a Golden Visa by investing €250,000 in select exempted properties. These typically include commercial properties that are being converted into residential use, with the requirement that the conversion is completed before applying for the visa. This provides investors with more affordable entry points and the opportunity to add value through property improvements or development projects.
We work closely with leading developers to identify and present suitable investment options that comply with these updated thresholds.
What the new Greek Golden Visa rules mean for investors?
Restrictions on short-term rentals for golden visa properties: Under the current rules, short-term rentals via platforms like Airbnb are no longer allowed for properties qualifying under the Golden Visa program. This change has been implemented to stabilize the local housing market and promote long-term, sustainable property use. Investors need to take this into consideration when planning their investment strategy, as it may affect rental yields.
Opportunities and Timeline: While the investment thresholds have increased in some regions, there are still excellent opportunities for investors looking to apply for the Greece Golden Visa. The program remains one of the most attractive residency-by-investment schemes in Europe, providing visa-free access to the Schengen Zone, the ability to live, work, and study in Greece, and an attractive real estate market with long-term growth potential.
Why Choose the €250,000 Commercial-to-Residential Conversion for Your Greek Golden Visa?
1. No Geographic Restrictions:
Unlike other investment categories with regional limitations, the €250,000 commercial-to-residential conversion allows you to invest anywhere in Greece. This gives you the flexibility to explore opportunities in both urban centers and more scenic or less crowded regions, tailored to your preferences.
2. No Minimum Size Requirements:
Unlike other property investments that impose a minimum size of 120 sqm, the commercial-to-residential conversion has no size restrictions. This makes it a more accessible option for investors who are looking for flexibility in the type and size of their property.
3. Streamlined Conversion Process:
The conversion from commercial to residential use is designed to be straightforward. Once the property conversion is complete, you can immediately apply for your Golden Visa, allowing you to move through the process efficiently without long delays.
Below is a sample list of handpicked properties that meet the €250,000 investment thresholds.
Eligible properties for Greek Golden Visa
| Location: Piraeus – suburb of Athens. EUR 250k investment for Golden Visa. Apartments ranging 49 m² – 85 m² Overview: Walking distance to the port of Piraeus. Excellent transport links to the city center of Athens. Shops, restaurants and beaches in the vicinity enhances rental value. Close to schools, public transport & arterial roads. |
| Min 1 1 1 | Max 2 2 2 |
Bedroom
Bathroom
Parking| Location: Markopoulo – south-west of Athens. EUR 250k investment for Golden Visa. Apartments ranging 35 m² – 83.5 m² Overview: New residential project with 50 modern homes. Ideally located with direct access to key points of interest, and excellent connectivity to Athens city centre. The location is well known for its stunning natural beauty, featuring picturesque vineyards and olive groves, while its rugged mountainous terrain provides excellent opportunities for hiking and outdoor adventures. |
| Min 1 1 1 | Max 2 2 1 |
Bedroom
Bathroom
Parking| Location: Peristeri – Western suburb of Athens. EUR 250k investment for Golden Visa. Apartments ranging 70 m² – 110 m² Overview: Located in the vibrant western suburbs of Athens. Short walk to a bustling commercial hub, local shops and supermarkets. Close proximity to Anthoupoli and Peristeri Metro Stations ensures excellent connectivity to city center of Athens. |
| Min 2 2 1 | Max 3 3 2 |
Bedroom
Bathroom
Parking| Location: Athens – Serviced Apartments EUR 250k investment for Golden Visa. Each investor owns 2 freehold units in the project Overview: 10 year lease with property management company which guarantees a fixed return of 4% per annum to the investors, after all outgoings. Annual escalations in rental linked to CPI. This is a pure investment product for Greek Golden Visa investors looking to achieve a fixed rental without hassle of property management. |
| Min 1 1 1 | Max 2 2 2 |
Bedroom
Bathroom
Parking| Location: Piraeus – fractional investment in Hotel EUR 250k investment for Golden Visa. Each investor owns 1% of the hotel project Overview: Fractional investment into a hotel project that pays 4% fixed return per annum (after expenses) for 1st two years. Thereafter, investors earn 70% of net profit. Project is located in downtown Piraeus, in the heart of the shopping area, popular with tourists. |
| Min 1 1 1 | Max 1 1 1 |
Bedroom
Bathroom
Parking| Location: Ilioupoli EUR 250k investment for Golden Visa. Apartments ranging 36.5 m² – 51.5 m² Overview: Located in Ilioupoli, a vibrant district at the foot of Mount Hymettus. Known for its picturesque parks, lively squares, and a welcoming community, the location perfectly combines urban convenience with natural beauty. This project, located in a peaceful and sparsely populated area, and features thirty-two stylish one-bedroom apartments. |
| Min 1 1 1 | Max 1 1 1 |
Bedroom
Bathroom
Parking| Location: Northern Greece EUR 400k investment for Golden Visa. Beach Front Villas ranging 128 m² – 157 m² Overview: Easily accessible from Thessaloniki, the villas are located on an award-winning beach in Northern Greece. Investors can use the villa as a vacation home, and when not in use, they can rent via property management firm to earn a minimum of 6% per annum gross return during the tourist season. Fully managed property service available. |
| Min 4 4 2 | Max 4 4 2 |
Bedroom
Bathroom
ParkingWhile you’ll find some enticing listings above, this list is not exhaustive. We’re continually adding new projects. Our curated portfolio includes development projects directly from reputed Greek developers, as well as curated standalone resale properties that meet the Golden Visa criteria.
Whether you seek long-term residential investment or commercial properties, we have options tailored to your needs. Our properties are strategically located in the suburbs of Athens, ensuring easy access to the city center via public transport. We also offer properties boasting stunning sea views on breathtaking islands, for experience of a lifetime.
Explore our Greek Golden Visa properties portfolio and embark on your journey to Greek residency today.
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