GREECE RESIDENCY INFORMATION

Golden Visa Greece

Everything you need to know about the Greek Golden Visa, in plain words: prices, family, travel and yearly costs.

SEE ELIGIBLE PROPERTIES →ASK US ON WHATSAPP
€250,000Minimum investment
5 yearsRenewable residency
0 daysMinimum stay required
Whole familySpouse, children up to 21, parents
AT A GLANCE

European residency for your whole family, through one property.

Buying an eligible property in Greece gives you a five-year residence permit, renewable for as long as you keep the property. It covers your family too, and you are not required to live in Greece to keep it.

  • 5-year residence permit, renewable every five years while you own the property
  • Your whole family: spouse, children up to 21, and the parents of both spouses
  • No minimum stay in Greece is required
  • Travel across the Schengen area, up to 90 days in any 180-day period
INVESTMENT LEVELS

Three price levels, depending on the property.

Greece sets the minimum investment by location and property type. Converted properties are the most accessible route, and they are the focus of our OIKOS portfolio in Athens.

PRIME AREAS
€800,000
Attica (Athens), Thessaloniki, Mykonos, Santorini and the larger islandsSingle property, minimum 120 m²SEE PROJECTS →
REST OF GREECE
€400,000
All other regionsSingle property, minimum 120 m²SEE PROJECTS →
CONVERTED PROPERTIES
€250,000
Commercial buildings converted into homes, or restored listed buildings, anywhere in Greece, including AthensThe route for our OIKOS converted residencesSEE PROJECTS →

Golden Visa properties may be rented on long-term leases only. Short-term rentals (such as Airbnb) are not allowed.

COSTS OF OWNERSHIP

Low, predictable yearly costs.

Here is what an owner of an OIKOS converted residence can expect to pay each year.

Property tax (ENFIA)
Up to €150 / year

Annual property tax, based on the property's location, size and age.

Tax on rental income
15%

On rental income up to €12,000 a year. If you keep the home for your own use and do not rent it out, there is no income tax, only ENFIA.

Building communal charges
Up to €40 / month

For shared lighting, cleaning and maintenance. When the property is rented, the tenant pays them.

Management after the guarantee
15% of rent

Optional. Only applies if you choose to keep the developer managing your rental after the guaranteed period.

GUARANTEED RENTAL INCOME
OIKOS Property Developments

Four years of rent, paid upfront.

On most OIKOS projects, the developer offers to lease your apartment and pay the whole rent in advance, typically 3% a year for 3 to 5 years, or 4% a year for 3 years, depending on the project.

  • 3–4% net per year of the purchase price, for 3 to 5 years depending on the project
  • Paid in full upfront, within about one month of signing the final contract, not when the renovation is finished
  • No management fees during the guaranteed period
  • Optional. You can decline it and rent the property out yourself once it is ready

If you take the prepaid rent, the developer manages the rental for those four years, so you cannot rent the property out yourself during that period. After it ends, you can keep the developer as manager for 15% of the rent, or manage it yourself.

EXAMPLE

Example at OASIS Residences (3% × 4 years) on a €250,000 purchase: €7,500 a year × 4 years, paid to you in one payment after signing.

ASK WHICH PROJECTS QUALIFY →

This page is general information and not legal or tax advice. Golden Visa rules, tax rates and project terms can change. Ocean Sound will confirm eligibility, prices and the guaranteed rental terms for your specific property before you reserve. We also recommend getting independent legal and tax advice.

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