Thinking about getting the Greece Golden Visa through property investment?
Here’s how to pick the right property, and make sure your investment is safe, eligible, and delivers long-term value.
For international investors and families looking for an affordable and flexible way to gain European residency, the Greece Golden Visa property option is still one of the top choices in 2025. With just a €250,000 property purchase, you and your family can secure a 5-year renewable EU residence permit, enjoy visa-free travel in the Schengen Zone, and embrace a Mediterranean lifestyle.
But with so many beautiful areas across the Greek mainland and islands, the big question is: which property should you choose? And how do you make sure it qualifies for the Golden Visa and protects your investment?
In this easy guide, Global’s experts break it all down from what counts as an eligible property, to the best spots to buy in Greece and the key legal checks you shouldn’t skip. Let’s dive in!
How to Choose the Right Property for the Greece Golden Visa
Choosing the right property is key, not just to meet the Golden Visa rules, but to match your personal goals:
✅ Are you looking for a second home to enjoy?
✅ A rental property to generate income?
✅ Or a smart investment that will grow in value over time?
Whatever your goal, the best Greece Golden Visa property depends on picking the right location, understanding market demand, checking legal details, and making sure it fits your family’s needs.
At GICG, we help clients from the UAE, GCC, Middle East, Asia, and around the world find carefully vetted properties that qualify, and that offer both a smooth visa process and long-term value.
What Qualifies as an Eligible Property?
Before you start browsing luxury villas or modern city apartments, it’s important to understand exactly what makes a property eligible for the Greece Golden Visa.
Here are the key requirements:
✅ Minimum investment: €250,000 (plus 24% VAT for new builds, and applicable legal and government fees)
✅ Ownership: You must hold full ownership of the property, shared ownership or timeshare arrangements typically do not qualify
✅ Location: The property must be located within an officially eligible region participating in the Golden Visa program
✅ Legal status: The property must be legally constructed, fully registered, and free of any debts, liens, or legal issues
✅ Approved use: Properties may be residential, commercial, or mixed-use — however, properties classified strictly for “tourist use” may require further legal review
Who can you include in your Golden Visa application?
The program allows you to include key family members:
- Spouse
- Dependent children under 21 (or under 24 if enrolled in full-time education in Greece)
- Parents aged 65 and above
- In certain cases, other dependent relatives
Who qualifies to apply as an investor?
To be eligible, you must:
- Be at least 18 years old
- Have the legal right to enter Greece (visa-free or with a valid residence permit)
- Hold a clean criminal record
- Maintain valid medical insurance
- Provide documented proof of the required investment funds
Top Investment Zones in Greece for the Golden Visa
One of the questions we hear all the time is: “Where’s the best place to buy property in Greece for the Golden Visa?”
The truth is it depends on what you want. Are you looking for a second home?
A property to rent out for income?
A long-term investment? The good news is that Greece offers several fantastic options, with strong potential both for lifestyle and returns. Here are some of the top areas to consider:
Central Athens (Historic Center, Koukaki, Kolonaki, Pagrati)
Athens remains a favorite for many investors and good reason. You’ll find great demand for both short- and long-term rentals, vibrant culture on your doorstep, and solid potential for future growth as the city’s tourism continues to rise.
Athens Riviera (Glyfada, Voula, Vouliagmeni, Elliniko)
This coastal area is booming thanks to the Ellinikon project, one of Europe’s largest urban regeneration plans. Think luxury living, sea views, and easy access to the city an ideal spot for both lifestyle buyers and investors.
Thessaloniki
Greece’s second-largest city offers great value for money. Prices here are lower than in Athens, but rental yields are excellent, especially with growing demand from students, young professionals, and digital nomads.
Crete (Chania, Heraklion)
If you’re dreaming of island life, Crete is a great choice. It’s popular with expats, enjoys year-round tourism, and offers plenty of opportunities for both personal use and tourist rentals.
Santorini & Mykonos
These famous islands need no introduction. They’re ultra-premium markets with sky-high demand during the tourist season. While prices are higher and income can be seasonal, the returns especially on luxury rentals can be exceptional.
Peloponnese (Nafplio, Porto Heli)
A quieter, more refined market perfect for those seeking a second home or boutique investment. There’s also strong potential for future gains here, especially with off-plan opportunities as the region develops.
At GICG, we help you look beyond the headlines. We guide you through not only where to buy but also why, helping you choose a property that fits your goals — and holds long-term value.
Residential vs. Tourist Zones: What’s Better for ROI?
Another key decision you’ll need to make is which type of area to invest in residential or tourist-focused.
Each comes with its advantages, depending on what you’re looking for:
✅ Residential zones (Athens suburbs, Thessaloniki, main cities in Crete)
Pros: Steady long-term tenants, more predictable income, and fewer seasonal ups and downs
Best for: Families seeking stability, or those who want the option to use the property themselves
✅ Tourist zones (Santorini, Mykonos, central Athens, Greek islands)
Pros: Higher nightly rental income during peak seasons, excellent potential for holiday lets
Best for: Investors focused on maximizing rental yields, or those wanting an easy “lock-and-leave” holiday home
At GICG, we help our clients weigh these options carefully looking at your risk appetite, lifestyle goals, and investment timeline so you can choose the property that’s the perfect fit for you.
Ready Property or Off-Plan? Pros & Cons
Should you buy a completed property or an off-plan or under-construction unit?
Both options are allowed under the Greece Golden Visa program, but each comes with its pros and cons. Here’s what to consider:
✅ Ready property
- Immediate eligibility to apply for your Golden Visa
- Existing rental history or proven occupancy potential
- No construction risks or delays
- But: Ready properties in prime areas often come at a higher price per sqm
✅ Off-plan / under-construction property
- A lower price per sqm is good value for investors
- Opportunity for capital growth as the property is completed
- But: Construction timelines can shift you need a reliable, vetted developer
- You must pay the full €250,000 minimum before your visa application can be submitted
At GICG, we work with a trusted network of approved developers in areas like Athens Riviera, Thessaloniki, and Crete offering off-plan options that are carefully vetted and fully compliant with the Golden Visa requirements.
Key Legal Checks Before You Buy
One of the most important parts of buying property for the Greek Golden Visa is making sure everything is legally secure.
Before you commit to the purchase or transfer of a single euro GICG’s legal team will carry out a full due diligence check to protect your investment. We review:
✅ Title deed Confirming clear ownership with no debts or legal claims
✅ Planning and building permits Ensuring the property was legally built and registered
✅ Eligible zone Verifying the property is in an area that qualifies for the Golden Visa
✅ Permitted use Making sure there are no restrictions (such as “tourist use only” without residential rights)
✅ Tax and VAT status Checking for any outstanding tax issues and ensuring proper tax structuring
✅ Seller verification Confirming the seller is legitimate and authorized to sell the property
Unfortunately, many buyers have been caught out by common pitfalls such as buying an ineligible property, underestimating taxes, or missing key documents that delay the 6–8 month visa processing or worse, risk visa rejection.
Working with experienced professionals like GICG helps you avoid these risks entirely so you can move forward with complete peace of mind, knowing your purchase is fully compliant and secure.
Global’s Role in Vetting Secure, Approved Projects
Why do so many investors trust GICG with their Greek Golden Visa property purchase?
Because we make the entire journey smooth, safe, and stress-free from start to finish.
✅ We offer a handpicked selection of pre-approved properties in Athens, the Riviera, Thessaloniki, Crete, and other sought-after areas
✅ We carry out thorough legal checks on every property so you can buy with complete peace of mind
✅ We work only with trusted, licensed Greek lawyers and notaries
✅ We guide you through every stage of the process:
- Choosing the right property
- Completing the legal purchase
- Preparing your visa documents
- Managing your residency application
- Supporting you at biometric registration
✅ And We don’t stop there we also take care of the practical details with full turnkey services, including:
- Property management
- Tax registration
- Setting up utilities
The result? Our clients enjoy a smooth experience with no surprises and no delays and many receive their Golden Visa approval in just 6 to 8 months.
At GICG, we’re ready to help you make the smartest move and secure your family’s Greek Golden Visa in 2025.
Choosing the right property isn’t just about finding something beautiful it’s about making a smart decision for your future:
✅ Securing EU residency for you and your family
✅ Protecting your investment with expert advice
✅ Building long-term value and flexibility
With a €250,000 minimum investment, no requirement to live in Greece, and fast-track processing, the Greek Golden Visa remains one of the best and most flexible options in Europe giving you and your family visa-free Schengen access and a foothold in Europe.
But to get it right, you need more than just listings, you need the right partner.
A team who understands the market knows the legal landscape, and takes the time to understand your personal goals.
That’s exactly what we do at GICG and we’d be happy to help you take the next step.
FAQs
What is the minimum property investment required for the Greece Golden Visa?
The minimum required investment is €250,000, plus legal fees and 24% VAT (where applicable). This must be fully paid before submitting your residency application.
Can I purchase multiple properties to meet the €250,000 threshold?
Yes, investors may combine multiple properties (for example, two apartments) to reach the required investment amount, provided all are eligible and legally approved.
Does an off-plan property qualify for the Golden Visa?
Yes, but you must pay the full €250,000 (plus taxes and fees) before the visa application. It is critical to work with trusted developers and advisors to avoid construction risks or legal issues.
Can I get a mortgage to fund the purchase?
No, the €250,000 must be your funds. Greek banks do not typically offer foreign buyer mortgages for this purpose. The investment must be free of liens to qualify for the visa.
What are the best places to buy in Greece for the Golden Visa in 2025?
In 2025, top Greece investment zones include:
✅ Central Athens (historic center, Koukaki, Kolonaki)
✅ Athens Riviera (Glyfada, Voula, Vouliagmeni)
✅ Thessaloniki
✅ Crete (Chania, Heraklion)
✅ Santorini, Mykonos (for luxury buyers)
✅ Peloponnese (Nafplio, Porto Heli)
Global experts can help you select the right zone based on ROI potential and lifestyle goals.
Is short-term rental allowed on Golden Visa properties?
Yes, but local zoning laws and tourist license requirements may apply. Our team can advise you on which areas permit short-term rentals and which properties are best suited for this model.
Do I need to live in Greece to maintain my Golden Visa?
No, the Greece Golden Visa has no minimum stay requirement. You can live elsewhere and still renew your permit every five years, provided you maintain ownership of the qualifying property.
How long does the Golden Visa process take after I buy the property?
Once your purchase is complete and documents prepared, the process typically takes 6–8 months to receive your initial 5-year residence card. GICG ensures all documents are filed correctly to avoid delays.
Who in my family can I include in my application?
You may include:
✅ Spouse
✅ Children under 21 (or 24 if studying at a Greek university)
✅ Parents (if aged 65+)
✅ In some cases, other dependent relatives (subject to legal criteria)
Can I later sell the property and keep my residency?
No, if you sell the property and no longer hold a qualifying €250,000 investment, your Golden Visa will lapse. You must maintain ownership to retain and renew your residency status.