Investing in Greece

1. Obtain AFM (Greek tax number) — required for any property transaction.
2. Engage a notary and a lawyer to conduct full title and encumbrance search.
3. Sign preliminary contract with 10% deposit.
4. Sign final deed before a notary, pay taxes and register at the Land Registry.

• Transfer tax: 3.09% on resale property.
• VAT on new builds: 24% (exempt under certain conditions until 2025).
• Notary & registry: ~1.5–2.5%.
• Annual ENFIA: ~0.1–1.0% of objective value.
• Rental income tax: 15–45% progressive.

The Golden Visa grants 5-year renewable residency for property investments from €250,000 (rising to €800,000 in prime zones for a single property from 2024 onward). No minimum stay requirement.

Greece's Golden Visa is the lowest-entry EU residency programme in Europe. A €250,000 property investment (in non-prime areas) qualifies the investor, spouse, dependent children and parents.

• 5-year renewable residency permit.
• Schengen travel for the whole family.
• No minimum stay or language test.
• Path to citizenship after 7 years of residency.

Greece does not offer direct citizenship by investment. Naturalisation requires 7 years of legal residency, tax filings and a basic Greek language test.

Island short-lets are among Europe's highest: 7–12% gross in Mykonos and Santorini. Athens long-term yields range 5–6%, with Riviera regeneration pushing capital appreciation ahead of rental growth.

Athens prime prices rose +28% from 2020–2024. Mykonos ultra-prime villas achieved record per-sqm prices in 2024. The Elliniko regeneration (Athens Riviera) is projected to add €10B+ in new investment.

Branded resorts (One&Only Kéa, Amanzoe) are creating new ultra-prime benchmarks. Supply constraints on Cycladic islands protect values. Athens Riviera is the fastest-appreciating European capital waterfront.

Every Aureum transaction in Greece uses an independent bar-registered lawyer, notary-supervised closing and full Land Registry search. We recommend EU-compliant escrow for all off-plan purchases.