The Golden Visa program in Greece remains one of Europe’s most attractive residency-by-investment options. Despite recent changes that increased the minimum investment threshold to €500,000 or even €800,000 in prime areas, there are still select regions where the original €250,000 threshold applies.
For international investors looking to buy apartments in Greece, this presents a rare window of opportunity. While Athens apartments for sale continue to dominate headlines, savvy buyers are increasingly turning their attention to lesser-known regions that offer strong rental yields, capital appreciation, and a high quality of life.
In this article, we explore five non-obvious locations where the €250,000 investment threshold still applies—and why they deserve serious consideration.
What Is the Golden Visa Program in Greece?
The Greek Golden Visa grants non-EU investors a renewable five-year residency permit in exchange for qualifying real estate investments. Key benefits include:
- Visa-free travel across the Schengen Zone
- No minimum stay requirements
- Family inclusion (spouse, children, parents)
- Potential path to long-term residency and citizenship
Unlike other EU programs, Greece combines affordability, lifestyle, and long-term growth, making it ideal for both investors and end-users.
Why Look Beyond Athens Apartments for Sale?
While Athens apartments for sale remain popular due to liquidity and rental demand, rising prices and higher investment thresholds in central districts have reduced entry-level opportunities.
Secondary and emerging locations offer:
- Lower acquisition costs
- Higher yield potential
- Less competition
- Authentic Greek lifestyle experiences
Now, let’s explore the top five hidden gems.
Top 5 Underrated Locations with a €250,000 Threshold
1. Western Thessaloniki – Urban Growth Without the Hype
Western Thessaloniki is undergoing major infrastructure upgrades, including metro expansion and waterfront redevelopment. Compared to the eastern districts, property prices remain significantly lower.
Why invest here?
- Strong student and long-term rental demand
- Industrial-to-residential regeneration projects
- Easy access to city center and port
Investors can still buy apartments in Greece here well below the €250,000 mark while benefiting from Thessaloniki’s economic growth.
2. Patras – The Gateway City with Rising Demand
Patras, Greece’s third-largest city, is a key transportation hub connecting mainland Greece with Italy. Its large student population and expanding port make it a rental hotspot.
Investment highlights:
- Affordable apartment prices
- Stable long-term rental yields
- Infrastructure investment and tourism growth
Patras is ideal for investors seeking steady income rather than short-term speculation.
3. Kavala – Coastal Living with Northern Charm
Located in Northern Greece, Kavala offers seaside living at prices far below Athens or popular islands. The city is gaining attention from digital nomads and retirees.
Why Kavala stands out:
- Coastal properties under €250,000
- Growing international interest
- Proximity to beaches and mountains
For lifestyle investors, Kavala balances leisure and long-term value.
4. Peloponnese Secondary Towns – Authentic and Undervalued
While areas like Nafplio are becoming pricier, many smaller towns in the Peloponnese still qualify for the lower threshold.
Key advantages:
- Traditional architecture and charm
- Increasing domestic tourism
- Large properties at competitive prices
This region is ideal for buyers looking to combine Golden Visa eligibility with personal use.
5. Crete (Non-Prime Zones) – Island Living Without the Premium
Crete remains Greece’s most dynamic island economy. While Chania and Heraklion centers may exceed €250,000, surrounding areas still qualify.
Why consider Crete?
- Year-round rental demand
- Strong local economy
- International airports and healthcare
Smart zoning choices allow investors to enjoy island life without crossing higher thresholds.
Investment Strategy Tips for the Golden Visa Greece
To maximize returns while qualifying for the Golden Visa, consider the following:
- Focus on residential apartments with long-term rental appeal
- Work with local legal advisors to confirm zoning eligibility
- Avoid speculative short-term rentals in oversaturated markets
- Prioritize infrastructure growth and population trends
Official program details can be found on the Greek government’s migration portal
FAQ: Golden Visa Greece Investment Questions
1. Is the €250,000 Golden Visa threshold still available?
Yes, but only in specific regions outside high-demand zones like central Athens and prime islands.
2. Can I buy multiple properties to reach €250,000?
Yes, as long as the total investment meets or exceeds €250,000 and complies with program rules.
3. Are Athens apartments for sale still a good investment?
They can be, but many central areas now require higher investment thresholds, reducing accessibility.
4. Do I need to live in Greece to maintain the Golden Visa?
No. There is no minimum residency requirement to renew the permit.
5. Can my family be included in the application?
Yes. The program allows inclusion of spouse, children under 21, and parents.
6. Is it better to buy apartments in Greece for rental or personal use?
Both strategies work. Many investors choose long-term rentals for income while retaining personal usage rights.
Conclusion: Act Before the Window Closes
The Golden Visa program in Greece continues to evolve, and the €250,000 threshold is becoming increasingly rare. While Athens apartments for sale may dominate mainstream attention, true value lies in emerging regions that combine affordability, growth, and lifestyle benefits.
If you’re planning to buy apartments in Greece, now is the time to explore these hidden locations—before thresholds rise and competition intensifies.
PT. Semarsoft Technology Indonesia
