Property for golden visa in Greece – Factors to consider before choosing.

Are you looking for an investment or a place to live? It doesnt matter! Greece’s real estate market has a variety of housing options to suit your needs, offering a wide range of options, from residential apartments in Athens to luxury villas on Greek islands.

One other reason why Greece real estate market is attractive is the Golden Visa scheme. If you buy real estate for a minimum of €250,000, you can be eligible for a Greek Golden Visa, which translates as residency in Greece.

Although the Golden Visa process is very straightforward, there are some important things to consider when you are choosing real estate that qualifies for Greece Golden Visa.

Factors to consider before choosing your Golden Visa property.

Renovation

If you are looking to buy a home in Greece, whether in Athens or on the islands, keep in mind that the majority of the houses you will view are going to be old. Even if some are being renovated, you should inquire about the renovation’s extension. In some cases, it is possible that renovation was just cosmetic. You should also check if the infrastructure has been taken care of.

Location

The location of a property is always important wherever you might go. But when you are making a real estate investment in a foreign country, you should be more careful about the location, especially if you are planning to rent it out. When you are viewing properties, try to stick to locations that see high demand from investors and tenants.

Lifestyle

Your lifestyle is another point you should take into consideration when you are taking the Greece Golden Visa real estate route. If you are interested in a house on one of the Greek islands and going to live in the house yourself, make sure to look into infrastructure and healthcare options. If you think you are more into city life, checking Athens real estate market could be a better option. It offers many options both for residential and commercial purposes.