The Greece Golden Visa by Investment program is ahead of many players in the immigration market in terms of popularity. Why did this happen? Firstly, Greece has NOT ruled out the real estate option. Unlike similar programs in Portugal and Hungary (the option was abolished on the eve of the launch on January 1, 2025). Spain has not only banned the purchase of housing to obtain an investment residence permit, but also completely stops issuing Golden Visas in the April of 2025, according to the new policy of Prime Minister Pedro Sanchez.
Secondly, Greece does not verify the origin of the main applicant’s funds, and also allows transfers for real estate directly to the seller. And, thirdly, the investment in a residence permit in Greece (Greece Golden Visa) starts from €250,000, while a residence permit in Portugal starts from €500,000 for actual options, and a residence permit in Hungary, although it starts from €250,000 for an option with a fund, but this program has only two accredited funds and the terms and specifics of processing are not yet clear.
Greece residence permit for investment – how much to spend?
The applicant must purchase one real estate object with a minimum cost of
- €250,000 for non-residential facilities that are being converted into residential buildings.
- €800,000 for locations such as Attica (Athens), Thessaloniki, Mykonos, Santorini, and the islands with a population of more than 3,100 inhabitants.
- €400,000 for other locations.
What to expect from the Greek Residence Permit program (aka Greece Golden Visa)
For several years in a row, a certain trend has been emerging among the Greeks – to change the conditions of the investor residence permit with an increase in the investment rate in the summer. A few months of the so-called “transition period” are given under the old conditions, and then the program lives in a new way. Experts believe that this year will not be an exception.
APEX recommends do not wait for these changes and make a decision now about obtaining Greece Golden Visa by investing in real estate.
Serviced apartments in Athens, Moschato
Real estate under Greece Golden Visa requirements
A unique property that already has all the necessary permits for the Greek Residence Permit program. Last lots left for purchase.
Fully furnished studios with all necessary appliances for long or short stays. The reconstructed building will also include a cinema hall, a fitness area, workspaces, and a 24-hour reception will operate. High transport accessibility — Moshato metro station is 75 m from the building. The project is scheduled for completion in the 4th quarter of 2025. The average studio size is 23 m2. For example, you can buy two units on the ground floor with a total area of 51.18 m2 for a total cost of €275,000. In this case, the annual rental income will be €11,000 (4%).
Apartments in Athens, Acharnon, with additional bonuses from the deal
Real estate under Greece Golden Visa requirements
APEX announces the start of sales of a property in the center of Athens, on Acharnon Street.
This is an office building within walking distance of the Acropolis, which will be converted into residential. Renovation began in February 2025. The project has only 22 apartments, each of which has already had its design and furnishings thought out, as well as a rental strategy. The area experiences high demand for housing.
At the current stage of sales, the developer is ready to include all the furnishings (exactly what you see on the renderings) worth about €15,000 as a bonus in the price of the apartment, and also pay a 5% guaranteed return for the entire duration of construction. And after commissioning, sign a 3-year rental agreement with the owner with a yield of 3%.
The developer is also ready to pay the costs of opening a bank account in Greece for the client and some taxes associated with the purchase of real estate. To receive all bonuses investor need to pay at least 80% of the amount in the first stage.
The project is scheduled for completion in the second quarter of 2026. Apartments 44-57 m2. For example, an apartment on the third floor of 44.05 m2 for €250,204. The apartments are rented fully furnished + furniture as a gift (according to the current offer – Spring 2025). The documentation accrediting the project for the Greece Golden Visa Greek program will be ready in the summer of 2025.
Greece. Large housing renovation plan
Greece is actively developing, many objects are undergoing renovation, and specifically Athens has a big city renewal plan, the goal of which is to breathe life into the old housing stock and create a more fashionable look for the central streets visited by tourists and not only.
The local real estate market has long had a shortage of housing, both for purchase and for rent. According to official statistics, about 40% of Athenians rent housing. Small “student” apartments are in great demand due to the abundance of higher educational institutions.
Real estate in Greece has increased in price over the past couple of years, and those developers who have begun to actively launch new projects are already receiving dividends from their foresight. However, there is still an opportunity to place your bet on Greece in order to have your own assets in Europe and income in euros.
Investment project in Piraeus. Building for sale
We present a unique opportunity for investors who want to obtain permanent status in Europe and significant income in euros. Now in Piraeus, the renovation of an entire building is underway, which, upon completion of the work, will become a modern complex with service apartments (32 in total) providing hotel services.
- Location: Marina Zeas (marina) in 1 km, the subway station in 900 m, to the University of Piraeus – 700 m.
- The building will meet the requirements of “green” certification, LEED.
- Option for resale by floors for new owners to obtain a Greece Golden Visa (single title for the entire floor) for €900,000.
Renovation began in the 4th quarter of 2024; completion is scheduled for the 4th quarter of 2026. The developer is offering one investor to buy the entire building at the current stage for €5.5 million, in order to then receive profit from leasing through a Spanish management company (there is a signed long-term contract for 10+5 years).
Namely, from the delivery of apartments from the 2nd to the 9th floor, 4 on each floor (from 23 m2 to 38 m2). The building will also have commercial premises of 109 m2 + 53.15 m2, for which rental negotiations are already underway. On the 10th floor, that is, on the roof, a terrace of 125 m2 will be equipped. The total area of all premises is 359.81 m2.
Average annual return – 7.4% for 10 years. Total income for 10 years – €4,052,000.
Greece Golden Visa. Benefits and features
Firstly, this is the right to visa-free entry into all countries of the Schengen area. You will no longer need to worry about obtaining a travel visa on time.
Secondly, a residence permit in Greece is given immediately for 5 years with the possibility of subsequent extension. Unlike, for example, a similar program in Portugal, where the “Golden Visa” is given for 2 years with the possibility of extension two more times.
Thirdly, one investment will allow you to obtain a Greek residence permit for three generations of a family at once (the investor’s spouse, children, parents).
