Europe’s Golden Visa landscape is changing rapidly. Several countries have either discontinued their real estate investment routes or shifted towards alternative investment structures.
Greece, however, continues to offer a direct real estate investment route to residency and access to the Schengen Area.
Today, according to the latest 2026 updates, the main investment thresholds in Greece are:
- 800,000€ in Athens, Thessaloniki, Mykonos, Santorini and other designated high-demand areas
- 400,000€ in other areas of Greece
- 250,000€ for specific cases, including the conversion of qualifying commercial properties into residential use and the restoration of qualifying listed properties.
How does Greece compare with other investment destinations?
Cyprus: 300,000€ investment, primarily involving new residential properties, together with additional eligibility and income requirements.
Malta: Combines property requirements (350,000€ or 300,000€ if the property is located in Southern Malta or on the island of Gozo or a long-term rental agreement of 10,000€–14,000€ per year), together with significant government contributions and other costs.
Latvia: Offers a 250,000€ real estate investment route, with additional transaction costs.
Hungary: Has moved away from direct residential property investment, with a 250,000€ qualifying real estate fund route.
Portugal: No longer offers Golden Visa residency through direct real estate acquisition, focusing instead on alternative qualifying investments, including business funds, research, or cultural donations ranging from 250,000€ to 500,000€.
Spain: Has discontinued its real estate-based Golden Visa route.
Italy: Its investment program remains active, but it applies only to qualifying investments in start-ups, businesses or government bonds.
The Netherlands & Ireland: Both countries discontinued their respective investment programs in previous years.
Why Greece still stands out?
For investors seeking direct ownership of real estate combined with a European residence permit, Greece remains a distinctive option within the current European landscape and offers a high capital appreciation opportunity.
Despite the higher general investment thresholds, the 250,000€ threshold remains available for specific investment routes, including the acquisition of qualifying commercial or industrial property followed by its conversion into residential use.
This provides investors with an alternative entry point into the Greek real estate market, while potentially creating opportunities through the redevelopment and repositioning of older commercial properties into modern residential units.
With European investment migration rules continuing to evolve, choosing the right structure requires careful legal due diligence, assessment of the property and consideration of all applicable taxes and costs.
Greece remains open for international investors and an attractive investment destination.
Secure your European future with a legal team that treats your investment as their own. Trust Georgaki & Partners Law Firm to handle your Greek Golden Visa process with integrity, efficiency, and expert knowledge. Reach out today to start your seamless investment journey in Greece.