Greece has always been a country of global interest because of its natural beauty, including the impressive coastlines, 80% land covered with mountains, and being home to more than 600 pristine islands. The stunning landscapes and secure environment attract global investors to have a second home in Greece as a Plan B by getting residency by investment in this beautiful country. The Greek Golden Visa program applications surged in 2025, as in the first quarter of 2025, around 3,447 people applied for the Greek Golden visa program, which showed a rise of 25% in the same months in 2024.
Easier Europe Residency By Investment
Europe has always been a dream for individuals who want to continuously grow in their lives, as it is a continent that provides a lot of business opportunities to its citizens. The Greece residency by investment program is one of the most affordable European residency by investment programs that allows investors of the Greece immigration program to get EU residency by investing $250,000 mostly in the real estate of Greece. Greek passport holders can live and work in a European country for 5 years and have a chance to apply for citizenship for 7 years after the completion of five years of residence. Moreover, you can also involve your family members, i.e, spouse, unmarried children under 21, and parents, in the application of the golden visa program.
Want to invest in Greece Golden Visa Program, But Do not know the Procedure?
The procedure for getting a Golden Visa Greece is very simple. You have to visit the country, choose the right property that you want to buy or own, which will include many luxury properties of Greece in areas like Athens, Thessaloniki, and Crete. After the selection of property, the applicants need to fill out the application for the visa process and then submit it along with all the documents mentioned by the immigration consultants and proof that they have invested in the real estate in Greece. The authorities then verify the documents, check whether you are eligible and meet the criteria, and then send approval of the application for Greece residency by investment program.
Luxury Real Estate Greece
The demand for luxury villas in beachfront areas of Greece has increased a lot because more people want to take pleasure in the Mediterranean climate areas alongside beautiful landscapes. According to a report by Statista about the real estate market of Greece, the value of residential property in Greece will reach USD1.34 trillion in 2025. The property prices in the areas of Greece differ from each other because real estate in some areas is in high demand by high-net-worth individuals (HNWIs), while some are less compared to others. So if you want to buy property in Greece you should first understand their prices.
Greece Property Market 2025
In 2008, the Greece real estate market experienced a major decline because of the global financial crisis. However, the demand for real estate in Greece has surged in recent years as many people still think of buying a property in Greece as a safe option. In 2022, the prices of properties in Athens increased by 13% annually, and apartment prices in Greece increased by 11.2%. The prices of properties in Greece further increased in 2023 and the first quarter of 2024 by 13.8% and 10.4% respectively. The following are the prices of luxury property in Athens / Thessaloniki / Crete, and some other areas of Greece:
Greek Real Estate in High-Demand Areas
The high-net-worth individuals mostly prefer to buy property in strong-demand areas like central Athens, Thessaloniki, Santorini, Crete, and Mykonos, which are popular because of the rich infrastructure and better lifestyle opportunities. The wealthy individuals have to invest €800,000 to own a property in these areas and become a permanent resident there.
Greek Real Estate in Mid-Scale Areas
The investors who want to get EU residency by owning a property in areas where the number of people living is relatively small have to invest an amount of €400,000 in Greece real estate.
Commercial Property Conversion into Residential
People looking for the most affordable option to buy property in Greece should choose this option, as they have to invest €250,000. The commercial property is converted to residential property. Thus, the main purpose of this investment is to stabilize the residential property market in Greece.
Conclusion
The Greece golden visa provides many investment opportunities in Greece, therefore it is gaining the interest of a huge community of foreign investors. In 2023, around 31,000 investors got Golden Visa permits, which contributed €2.6 billion to the funds in Greece. Additionally, the Golden Visa Greece provides visa-free travel to the Schengen areas, which is crucial for achieving global mobility in life.
