News

Opportunities with Greece’s New Golden Visa Program: Where to Invest





Are you ready to unlock the doors to one of the most exciting real estate markets in Europe? Greece's Golden Visa program has just become even more enticing, with a revamped structure that offers incredible investment opportunities! Whether you're drawn to the vibrant streets of Athens or the serene beauty of Greece's islands, now is the time to secure your residency in the European Union (EU) with some fantastic investment options!

A New Era for the Greek Golden Visa

The Golden Visa has been a game changer since it launched in 2013, but from September 1, 2024, things are getting even more interesting. Now, you can secure a five-year residence permit by investing in Greek real estate. If that’s not enough, visa-free access to the Schengen Zone sweetens the deal! The new regulations reflect Greece's booming real estate market and aim to channel investments into areas with the greatest potential for growth.

Notably, there are two attractive exceptions for investors concerning properties undergoing use change and listed buildings: the minimum investment amount remains at EUR 250,000 (detailed further in paragraph b of the explanatory circular of September 25, 2024), and this exception applies throughout Greece. This provides a strong incentive for affordable investments.

Attica: The Heart of It All

When we talk about investment hotspots, Attica takes the crown! Imagine owning prime real estate in Athens, the beating heart of Greece—an international business and tech hub that’s also home to ancient wonders like the Acropolis. With the minimum investment now set at EUR 800,000, this is your chance to be part of a thriving urban metropolis that seamlessly blends history and modernity.

Kolonaki, Plaka, Monastiraki—these names are music to the ears of savvy investors. The demand for real estate in these prestigious areas is skyrocketing, and the opportunities for long-term capital appreciation are immense. But that’s not all: districts like Piraeus and Koukaki are transforming into growth powerhouses, attracting businesses and residents alike.

Attica offers everything—strategic location, economic growth, and a rich cultural heritage. Investing in Athens isn't just a decision; it’s a declaration that you’re ready to tap into one of Europe’s most dynamic cities!

Other Opportunities Await

Outside the bustling capital, Greece still offers plenty of investment gems. For those looking for a more affordable entry, areas with thresholds of EUR 250,000 and EUR 400,000 await, from smaller cities to rural retreats. And let’s not forget restoration projects with historical charm—there’s still a place for dreamers looking to restore the past!

Conclusion

The new Golden Visa regulations open the door to high-value investments in Athens while also leaving room for more affordable options in other regions. Whether you crave the energy of Attica or the serenity of Greece’s hidden gems, now is the perfect time to make your move. Your future in Greece starts here!


Tags: Golden Visa
Loading...