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From Commercial to Home: Greece’s Golden Visa Window

From Commercial to Home: Greece’s Golden Visa Window

Hellenic Shipping News

ith Greece set to raise the minimum investment for its Golden

ith Greece set to raise the minimum investment for its Golden Visa, investors are racing to secure permits under the current 250,000 euros threshold—still applicable to converted commercial-to-residential properties—as the country moves to address its housing crisis.

According to Markos Lianos, Senior Real Estate Sales Consultant, this trend is shaping up to be the “new golden route” for middle-class investors who are eager to obtain a residency permit but are unwilling to commit to luxury real estate options that demand upwards of 800,000 euros.

A Low-Cost Entry Point

Most applications are from countries like Lebanon, Turkey, and China, with a smaller number from the United States and Israel. These investors are typically over the age of 40, often with families or in retirement, and view Greece as a safe and stable destination — both for investment and for long-term living.

For this demographic, location, apartment size, and, above all, the delivery timeline of the property are key decision factors.

Developers Adapt to Meet Demand

Real estate developers are adapting to market shifts by converting commercial buildings in Athens and Attica into modern, fully furnished residences.

The support offered to investors doesn’t stop at the property sale. Many development firms

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Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

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Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

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