Greece Real Estate Market in 2025- Investment Visa

New to real estate investing? Greece offers affordable property, strong rental demand, and the Golden Visa for EU residency—making it a top choice for beginners. With expert support from Roots Realty, entering the market is simple, secure, and full of promise.

Why Greece Appeals to New Investors

You don’t need to be a millionaire or a property expert to succeed in Greece’s real estate market. Here’s why beginners are diving in confidently:

✅ Affordable Entry Point

In many European cities, real estate prices start at €500,000 or more. But in Greece, you can purchase a fully equipped city apartment or island property for as little as €150,000.

✅ Golden Visa Advantage

For a €250,000 investment, you get not only the property but also a 5-year renewable residency permit with Schengen Zone access—and you don’t even need to live in Greece to keep it.

✅ Strong Tourism = Rental Demand

Greece hosts over 30 million tourists annually, creating year-round demand for short-term vacation rentals and long-term leases, especially in cities and islands.

✅ Steady Appreciation

After recovering from its economic crisis, Greece’s property market is seeing consistent growth, especially in prime areas like Athens, Thessaloniki, and Crete.

Top Locations Ideal for First-Time Buyers

Choosing the right location is key. Here are a few beginner-friendly hotspots:

Athens – City Convenience & Culture

• Prices from €130,000

• Great for Airbnb and long-term rentals

• High demand due to tourism and expat population

Thessaloniki – Affordable & Vibrant

• Entry-level properties from €100,000

• Strong student population

• Upcoming city with infrastructure investments

Crete – Island Lifestyle & Holiday Demand

• Coastal apartments and villas in Chania and Heraklion

• High rental income potential during summer

• Great for personal use and retirement

Peloponnese & Kalamata – Hidden Gems

• Lower prices, peaceful living

• Ideal for family homes and quiet getaways

• Growing demand from digital nomads and retirees

With RootsRealty, you’ll get location insights, price comparisons, and access to exclusive listings in these top markets.

What Type of Properties Should You Consider?

For first-time investors, start with low-risk, manageable property types:

1. Turnkey City Apartments

Great for renting to locals or tourists with little maintenance required.

2. Vacation Rentals

Island homes or sea-view flats that appeal to short-term renters.

3. New Builds

These are often energy efficient, easier to manage, and in line with Golden Visa standards.

4. Renovation Projects

Advanced investors can consider flipping properties after upgrades—but beginners should work closely with property managers and local partners.

How Much Do You Need to Get Started?

While the Golden Visa minimum is €250,000, you don’t need that much if you’re not applying for residency.

Example Budgets:

• €100,000–€150,000: City apartment in Thessaloniki

• €180,000–€200,000: Athens flat or island home

• €250,000+: Eligible for Golden Visa residency

With RootsRealty, all pricing, taxes, and fees are clearly laid out before you buy—no hidden surprises.

Step-by-Step: How to Buy Property in Greece

1. Consult a Real Estate Expert

Start with a consultation with professionals like RootsRealty to understand your options and budget.

2. Choose a Property

Based on your goals (residency, rental income, vacation use), pick a location and property type.

3. Secure Your AFM (Tax Number)

All foreign buyers must obtain a Greek tax number (AFM) to proceed.

4. Open a Greek Bank Account

You’ll need this to transfer funds and pay for the property.

5. Hire a Lawyer and Notary

Your lawyer checks property legality; the notary finalizes the transaction.

6. Sign Purchase Agreement

Once satisfied, you sign contracts and pay the remaining amount.

7. Apply for the Golden Visa (optional)

If you invested €250,000+, RootsRealty helps you apply for and secure your residency permit.

Benefits You’ll Enjoy After Buying

🏡 Asset Ownership

You’ll own a freehold property in the EU, protected by law.

💶 Passive Income

Generate stable returns through rentals—especially in high-tourism areas.

🌍 Mobility

If you opt for the Golden Visa, you gain EU residency with visa-free Schengen travel.

🌞 Lifestyle Upgrade

Use your property as a holiday home or future retirement base.

📈 Capital Growth

As tourism and infrastructure grow, so will your property value.

Risks to Watch For (and How to Avoid Them)

No market is risk-free, but Greece’s risks are manageable with the right team:

• Language Barriers → Use bilingual agents like RootsRealty

• Legal Surprises → Always involve a local real estate lawyer

• Tourist Dependence → Balance holiday lets with long-term rental options

• Hidden Costs → Ask for a full cost breakdown: taxes, maintenance, fees

With RootsRealty, everything is transparent—from property inspection to final registration.

Why Choose RootsRealty as a First-Time Investor

For newcomers, the Greek market is promising but complex. That’s where RootsRealty comes in:

Local & International Expertise

Golden Visa Approved Listings

Full Legal, Tax & Translation Services

Rental Management & After-Sales Support

Trusted Network of Lawyers, Notaries & Contractors

They don’t just sell properties—they build investment journeys tailored to your goals.

Wrap-Up

Starting your investment journey in Greece doesn't require years of experience. With the right property, professional support, and a clear vision, your first real estate move can open the door to income, growth, and even European residency.

Greece is full of promise for first-time investors—and with RootsRealty by your side, every step becomes simpler, safer, and more rewarding.