Can a Greece Golden Visa Property Be Rented Out? The Short-Let Restriction
Global Immigrate consultants · Published · Updated
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
Rental yield: local rental demand and rent levels.
Area development: transport, schools and amenities.
Resale: how liquid the property type and area are.
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.