Greece allows residency through property investment, and the €400,000 threshold represents the standard residential entry level in a large portion of the country.
Unlike the €250,000 route, this threshold applies to direct residential property purchases, without requiring conversion or redevelopment structures. However, it is not universally applicable across all locations. The €400,000 level is primarily relevant in regional areas, secondary cities, and non-prime zones, where pricing remains below the higher-tier thresholds imposed on premium markets.
From an investment standpoint, this category offers a more conventional real estate profile. Buyers are acquiring standard apartments, villas, or residential units in functioning markets with established demand, rather than relying on project execution or repositioning strategies. This significantly reduces development-related risk and improves clarity around rental performance and resale positioning.
Demand drivers in this segment are more balanced. In addition to investors targeting EU residency through Greece real estate, there is genuine local and regional housing demand, particularly in growing urban areas and lifestyle destinations outside the most saturated prime zones. This supports more stable rental activity, especially in long-term leasing markets.
However, location selection becomes critical. While the €400,000 threshold opens access to standard residential assets, it excludes prime districts such as central Athens, key parts of the Athenian Riviera, and major high-demand islands, where higher thresholds (e.g., €800,000) apply. As a result, investors must evaluate whether the chosen area offers sufficient liquidity, infrastructure, and long-term growth potential.
It is also important to note that not every €400,000 property automatically qualifies. Eligibility depends on meeting the program’s structural requirements, including minimum investment value and compliance with current legal criteria. Each transaction must be assessed individually.
Strategically, this threshold sits in the mid-market segment, offering a balance between accessibility and asset quality. It is suitable for investors who want residency exposure combined with real, usable residential property, without entering premium pricing territory, but still expect more stability than the €250,000 segment.
