The new thresholds are:

• €800,000 – High-demand areas
  (Athens, Thessaloniki, Mykonos, Santorini, major islands).
• €400,000 – All other areas of Greece.

The investment generally must be made in one single property (not multiple).

Yes, but only in specific qualifying cases:

• €250,000 – If you purchase a listed (protected) building and fully restore it.
• €250,000 – If you purchase a commercial/industrial building and legally convert it into residential use.

– Conversion must be completed before applying.

– Industrial buildings must have had no activity for the last 5 years.

These are now the only routes to the lower threshold.

The property must be at least 120 m² for standard Golden Visa investments.

Exceptions apply for listed buildings and conversions.

No. Short-term rentals are prohibited for Golden Visa properties under the new law. Violations may result in:

• Fines (e.g., €50,000)
• Revocation of the residence permit

Only long-term rentals are allowed.

Under the new law, the investment must be done in one property only, except in certain transitional cases from old deposits.

Typical timeline:

• Property purchase: 1–3 months
• Application submission: 1–3 weeks
• Residence permit issuance: 6-9 months

You receive an official temporary certificate immediately, allowing travel in Schengen.

Yes. Eligible dependents include:

• Spouse/partner
• Children under 21 (up to 24 if financially dependent)
• Parents of both spouses

No. There is no minimum stay requirement.
The only obligation is to keep the property that qualified you.

Yes, but only if you own 100% of the shares of the company.

Yes, but only if you live in Greece for at least 7 years and meet the language and integration criteria.
Investment alone does not give citizenship.

Typical costs:

• 3% transfer tax
• Legal fees: 1-1.5%
• Notary + registry: 1%–1.2%
• Agency fee 2%

Yes, with some exceptions for certain border areas.
Golden Visa applicants normally get approval without issues.

• 5-year renewable EU residence permit
• Visa-free travel in Schengen
• No stay requirement
• Ability to include the whole family
• Strong real estate investment opportunities

Yes. While we can assist with after-sales needs, we also work with trusted, independent property-management professionals who can take full responsibility for your property.

They handle everything including tenant management, rent collection, maintenance, inspections, and reporting — ideal for clients who do not live in Greece.

Yes. We can:

• Recommend market pricing
• Handle listing, viewings, negotiation
• Coordinate all legal steps of the sale

Yes. We coordinate with your accountant for all required filings, including:

• Annual property tax (ENFIA)
• Rental income declarations
• Any VAT or other obligations depending on the property type

If you don’t already have an accountant, we can also recommend trusted professionals who specialize in working with foreign property investors.

Yes. We coordinate with your lawyer and accountant to secure:

• AFM (tax number)
• Greek bank account (when possible)
• E-banking setup

Yes. We can recommend a dedicated professional who can take over the entire process on your behalf.

• DEI (electricity)
• Water
• Gas
• Internet / Wi-Fi

We’re happy to assist you at any stage of your investment journey in Greece.
Reach us at +30 694 433 0279, email info@valdiestates.com, or simply fill out our contact form and we’ll get back to you shortly.