Greece property is both a store of value and a path to residency.
- It has a Mediterranean climate with hot, dry summers and mild, sunny winters.
- A European Union member since 1981 and part of the eurozone, Greece uses the euro (EUR).
- Greece belongs to the Schengen Area, allowing free movement across much of Europe.
After the 2010s debt crisis, the economy has recovered and returned to growth.
Property, especially in Athens, has rebounded strongly on Golden Visa demand and tourism.
House-price trends
Greece owns one of the world's largest merchant fleets by tonnage.
Tourism contributes a sizeable share of GDP, welcoming tens of millions of visitors yearly.
Farm exports include olive oil, fruit, wine and seafood.
Promising areas
Crete, the largest island, is rich in Minoan heritage and beautiful beaches.
- Meteora astonishes with monasteries perched atop towering rock pillars.
- The best time to visit is late spring and early autumn, avoiding the hot, crowded peak summer.
- Vietnamese travellers can obtain a short-stay Schengen visa to visit Greece.
- Island-hopping is mainly by ferry, so book ahead in high season.
- Street food such as souvlaki and gyros is popular and affordable.
Rental yields
As an EU and eurozone member, Greece accesses the European single market.
Labour costs are more competitive than in Western Europe, appealing to some investors.
Renewable energy and technology are emerging growth areas.
Market risks
Besides property, investors may qualify through bonds, shares or bank deposits at set thresholds.
When buying, budget for transfer tax, notary and legal fees on top of the purchase price.
Greece runs a Golden Visa programme granting residence to real-estate investors.
Need a tailored roadmap?
Viking Global Group walks with you from paperwork to settlement. Call +849.219.219.88 or email [email protected] for a free consultation.
Related articles
- Health cover in Greece for new residents
- An overview of Greece for those preparing to relocate
- Economy & Opportunity
Frequently Asked Questions
Are house prices rising?
Price trends are analysed above.
What rental yield to expect?
Reference yields are covered above.
What are the risks?
Market risks are flagged above.
Information is for reference and may change under the latest official policy. Please contact us for current regulations.
