The opportunity to obtain a residence permit for a Schengen country (Golden Visa) is of interest to an increasing number of investors. Not least because the European Union is making it more difficult to obtain visas for citizens of different countries, not just those affected by sanctions. As a result, visas are issued for short periods, often for the duration of the exact trip only. An additional motivation for choosing the residence permit program (Golden Visa) is the opportunity to invest in residential real estate. This is a second home on the Mediterranean, and substance that can be built in another country. The residence permit with the Real estate option in the Schengen zone is currently only available in Greece Golden Visa program.
Most often, investor may find a description of the Greece Golden Visa from €250,000, where the real estate is converted from commercial to residential.
But this is an option when the property can only be used for rent. These are projects that are intended for rent to students of local universities. If you prefer to buy a prestigious home in which you can live yourself and rent out at other times, the option of buying a property for an amount of €800,000 will suit you.
“Golden Visa” of Greece
This type of residence permit does not require its holders to live in the country or know the language, but the investor and his family members receive a residence permit card for 5 years at once (with the right to extend). Thanks to this, holders of the Greek Golden Visa will be able to travel throughout the Schengen area without visas, and, if desired, reside temporarily or permanently in Greece. That is, you will fly to Europe and travel there not with a tourist visa, but with a residence permit card.
Greece Golden Visa. Key conditions when choosing real estate worth from €800,000:
- it must be one object, not several;
- an area of at least 120 m2;
- a minimum cost of €800,000.
Advantages of the “Property from €800,000” option: you can live in the property or rent it out; you don’t need to wait for documents on the special status of the property (as in the option with real estate from €250,000) or the end of construction to apply for a Greek Golden Visa. You can apply RIGHT AWAY.
Five examples of objects under the Greece program in prestigious locations
1 | Maisonette in a new building. Athens, Voula
A new project in the expensive area of Athens, Voula, and within walking distance from the sea – a couple of minutes on foot, and you are on the beach. Such apartments are difficult to find on the market for purchase, as they are the most in demand. The areas on the waterfront, such as Glyfada, Voula and Vouliagmeni, even during the crisis, maintained high real estate prices.
Available: 3 bedroom, 3 bathroom maisonette on the top floors of the building (4-5) with a total area of 163 m2 (92+71) priced at €1,380,000.
2 | Penthouse in a new building. Athens, Elliniko
The project is located in Elliniko, the most expensive area in the south of Athens. It is also called the area of the future for the capital of Greece. Until 2001, the main Greek airport of Athens was located here. For about 15 years, the authorities could not decide what to do with the site, and then the construction of elite housing and commercial premises began here. The project is located a few meters from the business center under construction, intended for offices of international companies.
Available: a penthouse on the upper (4-5) floors with 3 bedrooms and 2 bathrooms with a total area of 141 m2 (78+63) for €950,000.
3 | Maisonette with sea view in new building. Athens, Glyfada
A five-story building with an elevator, is being built in the south of Athens, in Glyfada, a dynamic and prestigious area known for its picturesque embankment, boutiques and cozy cafes. Features of the apartment layout: high ceilings, electricity from solar panels on the building, private pool, interior fireplace.
Top floor maisonette with 3 bedrooms and 3 bathrooms, total area 152 m2, price €995,000.
4 | Maisonette on the secondary housing market. Athens, Voula
Maisonette on the 3-4 floor of a building built in 2008 in the very “heart” of Voula, just 300 meters from its center. The layout includes a stylish living room, kitchen, 3 bedrooms, 2 bathrooms and space on the upper level that can be used as a home office. Sea and mountain views.
Total area – 175 m2, price – €800,000.
5 | Maisonette in a finished new building. Athens, Glyfada
Maisonette in a finished new building. Athens, Glyfada
A modern residence in a building built in 2024 is completely ready for occupancy and is ideal for those who value comfort and luxury. Maisonette on the fifth, top floor of the building. The layout includes 3 bedrooms, 3 bathrooms, and a private pool.
Total area – 124 m2, price – €800,000.
Through Apex Capital Partners, investor may choose an real estate in Greece for the Golden Visa program (both at the minimum cost and in accordance with other parameters), and obtain a residence permit in Greece. Get a free consultation on all stages and expenses.
