The Greece Golden Visa program requires applicants to purchase property worth at least 250,000 euros locally to enable three generations of their family to immigrate and enjoy the associated benefits. However, as Greek properties each have their own advantages, many people are unsure how to select the right one. This is especially important since immigrants are not permitted to work in Greece, making it essential to choose a property based on your actual needs to ensure a comfortable life.
First Requirement
For those seeking a Greek residence permit solely to facilitate their current business interests, they likely will not settle in Greece and will continue to focus on their home country. For this group, we recommend choosing apartment buildings in the center of Athens, specifically in areas with well-developed infrastructure. In the city center, rental yields—whether from short-term or long-term leases—are quite substantial.
Second Requirement
For those primarily focused on their children's education and future, we suggest considering villas in the northern part of Athens. The air quality and environment here are excellent, and the area boasts significant greenery. This region is home to professional elites such as government officials, lawyers, and doctors, ensuring a high level of safety and a refined atmosphere. Most importantly, the northern region is home to numerous world-renowned schools, guaranteeing the quality of education.
Third Requirement
For those looking to provide a place for their parents to retire, or seeking a destination to de-stress and vacation, we recommend high-end sea-view properties in the southern part of Athens. This is a new commercial district with many affluent residents and newer building stock. The area offers convenient transportation and is filled with high-end restaurants and cafes, allowing one to enjoy a vibrant atmosphere without the hustle and bustle of the city.
Fourth Requirement
For those with higher standards for living quality and sufficient capital, you will certainly find your ideal property among the high-end villa complexes in the eastern part of Athens. These properties are generally built on hillsides, offering large floor plans, excellent landscaping, and fresh air.
In fact, immigrating to Greece is primarily about pursuing a better quality of life. With Greek property prices currently at a relatively low stage, it is an excellent opportunity to buy at the bottom of the market. As a major global tourism destination, the potential appreciation of these properties will undoubtedly yield significant returns in the future. Although immigrants are not permitted to work in Greece, they can still meet their living needs through means such as operating vacation rentals, managing a company, or opening a business.