Greece Real Estate Market in 2025- Investment Visa
New to property investing? Greece offers low costs, strong returns, and EU residency through real estate. Discover how to start smart.
New to real estate investing? Greece offers affordable property, strong rental demand, and the Golden Visa for EU residencymaking 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 dont need to be a millionaire or a property expert to succeed in Greeces real estate market. Heres 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 accessand you dont 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, Greeces 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, youll 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 upgradesbut 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 dont need that much if youre not applying for residency.
Example Budgets:
-
100,000150,000: City apartment in Thessaloniki
-
180,000200,000: 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 buyno 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
Youll 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 Youll Enjoy After Buying
? Asset Ownership
Youll own a freehold property in the EU, protected by law.
? Passive Income
Generate stable returns through rentalsespecially 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 Greeces 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 transparentfrom property inspection to final registration.
Why Choose RootsRealty as a First-Time Investor
For newcomers, the Greek market is promising but complex. Thats 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 dont just sell propertiesthey 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 investorsand with RootsRealty by your side, every step becomes simpler, safer, and more rewarding.