New Opportunity: Golden Visa via Conversion from Commercial or Industrial to Residential Use
One of the most significant recent innovations concerns the possibility of obtaining a Golden Visa through the αλλαγής χρήσης ακινήτου από επαγγελματική ή βιομηχανική σε οικιστική..
Legal Basis: Article 100 of Law 5038/2023
This provision, established under Article 100 of Law 5038/2023allows investors to acquire an Investor Residence Permit with a minimum investment of €250,000, provided that a legal change of use of the real estate property to residential has been completed after the entry into force of the relevant legislative framework.
Market Impact: Revitalization of Properties and Urban Development
This measure is expected to give new and substantial momentum to the real estate market, as it expands the available options for investors and encourages the utilization of inactive or underused commercial and industrial spaces, by converting them into high value-added residences. At the same time, it contributes to the upgrading of the urban fabric and the creation of new investment dynamics in areas with untapped property stock.
Current Trends: Shifts in Demand for Greece’s Golden Visa Program
Meanwhile, interest in Greece’s Golden Visa program is developing within a changing environment. Recent data from the Ministry of Migration show a significant decrease in applications in 2025, following changes to investment thresholds and requirements, leading to a redistribution of investment interest – with strong participation from investors from Turkey and Israel, in addition to the steady Chinese market.
NEXUS Law Firm’s Expertise in Property Use Conversion and Golden Visa Acquisition
The NEXUS Law Firm, με μεγάλο αλλοδαπό πελατολόγιο και πολυετή εμπειρία στη νομική υποστήριξη επενδυτών, διαθέτει εξειδίκευση σε υποθέσεις που αφορούν την αλλαγή χρήσης ακινήτων και την απόκτηση Golden Visa.