Greece offers an attractive option for investors interested in real estate, particularly in Athens, as the property prices are comparatively lower than other European capitals. In fact, Athens is three times cheaper than Lisbon, Madrid, and Berlin, five times cheaper than Vienna, and almost eight times cheaper than Paris, making it an affordable investment opportunity for potential investors.
Greece continues to be an appealing destination for real estate investors, particularly in Athens, where property prices remain significantly lower than in other European capitals. For instance, Athens is around three times cheaper than cities like Lisbon, Madrid, and Berlin, five times cheaper than Vienna, and nearly eight times cheaper than Paris, offering excellent value for investors.
Under the Greece Residence-by-Investment Program, investors can qualify for residency by making a real estate investment. Although the minimum investment requirements have increased for certain high-demand areas as of August 31, 2024, it’s important to note that the €250,000 investment option is still available under specific conditions:
For other properties, the updated investment thresholds are as follows:
This program offers an opportunity for investors to benefit from potential capital appreciation and rental income, while also enjoying the perks of residency in Greece, such as visa-free travel within the Schengen Area and access to the country’s lifestyle and rich cultural heritage.
