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Programme guides · Greece Golden Visa

Can a Greece Golden Visa Property Be Rented Out? The Short-Let Restriction

Written by Global Immigrate consultants · Reviewed by Oscar Yip, Founder & Managing Director

Summary

Greece Golden Visa property can be let long term, but not used for short-term letting. The letting rules, thresholds by area, property requirements, residence terms and what to consider when choosing a property.

Can you let the property?

Use Allowed?
Living in it Yes
Long-term letting Yes
Short-term letting (e.g. short-let platforms) No

Thresholds by area

Area / type Minimum investment
Athens (Attica), Thessaloniki, Mykonos, Santorini and islands with 3,100+ residents EUR 800,000
Other areas EUR 400,000
Commercial-to-residential conversion or listed-building restoration EUR 250,000

Property requirements

  • The EUR 400,000 and 800,000 routes require a single property of at least 120 square metres
  • For the EUR 250,000 route, the conversion must be completed before applying

Residence terms

  • Five-year residence, renewable
  • No minimum stay
  • Visa-free travel across the Schengen Area
  • Your spouse, dependent children and parents can be included
  • The Golden Visa itself does not include the right to take up employment

Choosing a property

  1. Rental yield: local rental demand and rent levels.
  2. Area development: transport, schools and amenities.
  3. Resale: how liquid the property type and area are.
  4. Budget fit: choosing the right area for your budget is more practical than chasing the most popular cities.

FAQ

Do I need to live in Greece?

No — there is no minimum stay requirement.

Can I list it on a short-let platform?

No — Golden Visa property may not be used for short-term letting.

Can I work in Greece?

The Golden Visa itself does not include the right to take up employment.

Sources

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