Greek Invest Free shortlist

Golden Visa · Regional tier

Greek residency from €400,000 — outside the €800K prime zones

Buy one built residential property of at least 120 m² in Crete, the Peloponnese, Rhodes, Corfu, or mainland Greece. Same five-year renewable permit as the €800,000 route — lower entry, more square metres per euro.

At a glance

  • Minimum investment€400,000
  • Property rule1 asset · ≥120 m²
  • STR on GV assetNot permitted
  • LTR on GV assetPermitted
  • Typical extras7–10% on price

Why investors choose the €400,000 tier

Law 5100/2024 doubled the entry price in Attica, Thessaloniki, Mykonos, and Santorini to €800,000. The regional tier keeps Greek residency accessible while channelling capital toward markets that still offer meaningful living space, long-term rental demand, and lifestyle value. Greece granted 8,879 new Golden Visa approvals in 2025 — a 95% year-on-year increase — and a large share of new files now target €400,000 destinations rather than prime-zone apartments.

120m²+

Typical villa or large apartment budget at €400K vs compact prime-zone stock at €800K

5–6%

Indicative gross LTR yields in Crete and Thessaloniki-style regional cities before tax

€428K–€440K

Typical all-in cost on a €400K purchase once FMA, notary, and legal fees land

Top €400K markets we route buyers to

Market Why it fits €400K Deep dive
Crete Large stock, international airports, 120m² achievable under budget Crete guide
Peloponnese Coastal and heritage towns, Costa Navarino belt, lower €/m² Peloponnese guide
Rhodes & Corfu Established tourism, resale liquidity, regional tier classification Tier map
Patras & mainland cities University and port demand, sub-€2,000/m² entry in many districts Investment guide

Not sure whether your target address is €400K or €800K? Run the zone checker before you tour properties.

Open zone checker

Requirements every €400K file must satisfy

  1. Single qualifying property on one title deed — no stacking two smaller units.
  2. Minimum 120 m² usable area on the engineer certificate, not marketing brochure floor plans.
  3. No short-term tourist rentals on the Golden Visa asset while the permit is active.
  4. Clean transfer chain — cadastre, ENFIA, and building permit alignment verified before deposit.
  5. AFM and Greek bank account in place before the notary appointment.

Read the full checklist in our eligible property directory framework, the 120 m² rule guide, and the 2026 application timeline.

What €400,000 actually buys in 2026

Crete's island-wide average asking price sat near €2,105/m² in early 2026, which means €400,000 often secures 160–190 m² of residential stock in Chania or Heraklion — comfortably above the 120 m² floor. On the Peloponnese coast, €400,000 frequently buys a renovated village house or a new-build villa with land, where the same budget in Glyfada might not reach the size threshold at all.

Budget an additional 7–10% above the purchase price for FMA transfer tax at 3.09%, notary, lawyer, land registry, and agent fees. See the cost of buying property in Greece for a line-by-line stack.

Get a vetted €400K shortlist

Tell us your target region, budget band, and whether you prioritise lifestyle, LTR yield, or family use. We filter for tier, 120 m², and file-ready due diligence — no developer pressure, no spam.

Free · Independent advisory

Request your €400K Golden Visa shortlist

Crete · Peloponnese · Rhodes · mainland · lawyer-ready screening

Independent research — not immigration, tax, or investment advice. Thresholds follow Law 5100/2024 and Circular 1/2026; verify every property with licensed Greek counsel before transfer.