Real Estate Golden Visa: Secure it While You Can
Numbers will show: the possibility of purchasing a tangible asset such as property in exchange for residency in a country with a solid infrastructure, reliable safety and a strong passport is one of the main reasons why the Golden Visa became so popular and successful in the first place.
No wonder that in Portugal, for example, over 11.300 Golden Visas were issued through the real estate option, bringing over €6.4 billion of investment to the country. Still, the former Portuguese government decided to discontinue this path and Spain is about to do the same. Greece’s government, on the other hand, has shown its understanding of the value this particular option brings to the nation’s development. However, this Greek Residency by Investment (RBI) has not remained untouched as, a few months ago, all minimal thresholds were raised, with prices in Athens and other popular locations starting at €800.000.
Fortunately, there is still one great and affordable option that allows investors like you to apply for a Real Estate Golden Visa with a minimal threshold of €250.000. And that is by investing in project development.
Greek Renovation Projects: The Cheapest Real Estate Golden Visa in Europe
While turnkey properties in places like Athens, Piraeus, Santorini, Mykonos, and Crete, as well as any other with over 3,100 inhabitants, will only be eligible for a Greece Golden Visa if they cost at least €800.000, savvy investors have turned their attention to Property Development as the best path to those sought-after regions.
The reason is simple: purchasing a commercial property that was either a renovation project or a commercial place turned into a residential one will make it eligible for a €250.000 Golden Visa application. No matter the region. And yes, that includes Athens and Piraeus.
The good news is you do not have to buy and renovate a property yourself. You can simply invest in a Project Development. That means that a developer is already carrying out the renovation part, and all you have to do is choose the unit that best suits your needs and secure your Greece Golden Visa along with a beautiful property in some of the world’s most desirable locations.
Exclusive Investment Visa’s Project Developments to Invest In
The Brooklyn Block
Located in the lively neighborhood of Agios Dimitrios, in Athens, this remarkable new residential development blends contemporary living with the rich cultural charm of one of the city's most welcoming areas.
- 1-2 Bedrooms
- 1 Bathroom
- Gardens
- Fitness Center/Gym
- Fully Furnished
- From €257.000,00
Piraeus Tron Apartments Athens
This real gem is completely new and built, with green construction standards. As it was developed on a plot that was initially licensed commercially, the conversion to a project that features modern and comfortable apartments makes it eligible for the Golden Visa.
- 1-2 Bedrooms
- 1 Bathroom
- Balconies
- Energy A+ Property
- Solar Water Heater
- From €294.000,00
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Massini II
This is a unique residential development in the picturesque neighborhood of Pallini, Attica, offering a convenient and modern choice for contemporary living.
- 0-2 Bedrooms
- 1-2 Bathrooms
- Balconies
- Air Conditioning
- Gardens
- Fully Furnished
- From €255.000,00
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Deadline to Secure your €250,000 Real Estate Greece Golden Visa
Even though there is no official deadline for you to secure your residency permit under the renovation option, when it comes to RBI programs, our long experience has shown us time and again that things can change in the blink of an eye. Once a government decides to increase minimal thresholds or simply discontinue an entire investment path, that becomes effective in a few short months.
That is why this unbelievable opportunity still available on the Greece Golden Visa should not be taken for granted. It could go away at any point and the time to secure it is now.