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  5. UK Investor Gains Greek Golden Visa with Final €250,000 Property in Piraeus

UK Investor Gains Greek Golden Visa with Final €250,000 Property in Piraeus

Program

Greece

Timeline

6 months

Investment

€264,775

Family Size

3 people

Names and photos have been changed to protect client privacy.

Case study by an Astons expert

Susanna Uzakova

Susanna Uzakova

Senior Citizenship & Residency Advisor

Contents

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Susanna Uzakova

Susanna Uzakova

Senior Citizenship & Residency Advisor

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Acting quickly made all the difference. We secured a great apartment and peace of mind for the future.

David R.

Entrepreneur , UK

PROFILE

Entrepreneur & Family

Main applicant 47 y.o.
Spouse 40 y.o.
Daughter 20 y.o.

goals

Client Requirements

  • Family EU residency
  • Property under €250,000
  • Act before policy change

Situation

In summer 2024, a UK-based entrepreneur approached Astons with a time-sensitive mission: secure EU residency under Greece’s Golden Visa program before the minimum investment threshold rose to €800,000. At that time, Piraeus still qualified under the €250,000 threshold for new builds — a regulation that changed in August 2024.

He sought a modern, visa-eligible property that would qualify his entire family under one streamlined application and offer long-term rental value. With Brexit limiting EU mobility for UK citizens, a residency foothold on the continent was part of a broader lifestyle and financial strategy.

Solution

Astons identified a newly built, move-in-ready apartment in walking distance from Zea Marina. The investor moved fast, finalizing the purchase within weeks and securing one of the last €250K new-build deals before the rules changed again.

By leveraging our local presence and legal team, the investor completed the acquisition and submitted the Golden Visa application immediately.

Step-by-Step: How the Investor Secured Greek Residency

  1. Initial Consultation with Astons
    We discussed the investor’s timeline, budget, and family inclusion goals. Our team mapped out urgent opportunities still qualifying under the €250K route.
  2. Property Sourcing and Due Diligence
    Astons presented select listings in Piraeus. A modern 1-bedroom apartment near Zea Marina was selected, and legal checks began within days.
  3. Visit to Athens and Finalization 
    The investor traveled to Athens, completed viewings, and signed contracts. Astons coordinated all registrations, tax payments, and documentation.
  4. Golden Visa Application Submission
    Immediately after property registration, our legal team submitted the residency application. White Paper documents were issued while awaiting the final cards.
  5. Biometric Registration and Permit Issuance 
    On a second trip, the family completed biometric registration. Residency cards were approved and issued within 6 months of purchase.

Current Investment Thresholds | Global Comparison of RBI Programs

Program Investment Threshold Processing Time Schengen Access Minimum required stay

Greece Greece

Residency

 from €250,000 4 months Yes None

Portugal Portugal

Residency

 from €250,000 18 months Yes 14 days every 2 years

Malta Malta

Residency

 from €169,000 9 months Yes None

Cyprus Cyprus

Residency

 from €300,000 8 months No 1 visit every 2 years

Hungary Hungary

Residency

 from €250,000 4 months Yes None

Investment Summary: Piraeus Apartment Route Item

Cost Apartment in Piraeus

€250,000

Transfer Tax (3.09%) €7,725
Notary & Legal Fees €4,000
Immigration Fees (family) €2,150
Health Insurance €900
Additional Costs:
Astons legal and service fees determined on a case-by-case basis
Total Investment: €264,775

Personalised Cost Breakdown for Program Participation

Get your investment estimate

Similar Success Stories

Indian Investor and Family Obtain Greek Golden Visa via Piraeus Property Investment The Greek Golden Visa program allows non-EU nationals to secure EU residency through real estate investment. Investors can include their spouse, children under 21, and parents, obtaining a renewable 5-year residence permit without the need for physical presence or tax residency in Greece. How the Greece Golden Visa Became a Gateway to Europe for an Egyptian Property Developer Ahmed has spent more than two decades in Egypt’s construction industry, successfully delivering large-scale residential projects across Cairo and Alexandria. As his company prepared to enter the European market, he required consistent, secure access to the EU and the ability to attend high-level negotiations without delays or visa constraints. How Astons Secured Greece Residence for Three Generations of a Turkish Family High-quality European education is one of the key priorities for many parents outside the EU. A diploma from an EU country provides strong career prospects worldwide. However, not every family is ready to send their child alone to a foreign country.

Result

The investor secured full EU residency for his family and a modern, high-potential apartment in one of Athens’ fastest-growing districts.

The property is projected to deliver 3.5% gross annual rental yield and offers direct access to the Athens Riviera lifestyle.

Astons’ guidance enabled fast, compliant execution just before the investment threshold changed — a timely move that combined long-term mobility, lifestyle, and property value.

Why Greece?

  • Residency by investment from €250,000
  • Fast processing (3–6 months)
  • No obligation to live in the country
  • Visa-free access to the Schengen Area
  • Company registration, VAT, euro bank account
  • Income-generating real estate
  • Potential route to EU citizenship
  • Non-dom tax regime: €100,000 per year on all global income
  • Access to EU banking, healthcare, and education systems

At present, Greece’s Golden Visa is one of the most affordable ways to obtain EU residency by investment. The residence permit is valid for five years and can be renewed indefinitely — with no requirement to live in Greece.

Why Astons?

Astons was awarded Best Real Estate Agency in Greece (2024–2025) by the European Property Awards. With over 35 years of experience, our Athens-based team offers:

  • Legal, financial, and property expertise
  • Priority access to exclusive investment listings
  • End-to-end support for UK and international families

Whether you’re racing a policy deadline or planning long-term, Astons delivers fast, secure pathways to EU residency.

Contact us today to explore your eligibility under the €250K route before it disappears.

Residency by Investment

Cyprus Cyprus

Residency

from €300,000

~8 months

Processing time

  • Purchase of new property
  • Eligibility for citizenship after 8 years
  • Non-Dom tax regime
Explore Program

Greece Greece

Residency

from €250,000

~4 months

Processing time

  • Real estate purchase
  • Eligibility for citizenship after 7 years
  • Most accessible and fastest program in the EU
  • Visa-free access to Schengen countries
Explore Program

Hungary Hungary

Residency

from €250,000

~4 months

Processing time

  • Investment in a fund / non-refundable donation
  • Visa-free access to Schengen countries
  • Eligibility for citizenship after 8 years
Explore Program

Italy Italy

Residency

from €500,000

~3 months

Processing time

  • Investment in shares or bonds / non-refundable contribution
  • Eligibility for citizenship after 10 years
  • Visa-free access to Schengen countries
Explore Program

Malta Malta

Residency

from €169,000

~9 months

Processing time

  • Non-refundable contribution and property rental or purchase
  • Rental or property purchase
  • No residency requirements
  • Visa-free access to Schengen countries
Explore Program

Portugal Portugal

Residency

from €250,000

~18 months

Processing time

  • Investment in a fund
  • Eligibility for citizenship after 7-10 years
  • Visa-free access to Schengen countries
Explore Program

Turkey Turkey

Residency

from $200,000

~2 months

Processing time

  • Real estate purchase
  • Right to live in Turkey
  • Eligibility for citizenship after 5 years
Explore Program

UAE UAE

Residency

from $100,000

~2 weeks

Processing time

  • Real estate purchase
  • Rental income ~7% per year
  • Possible domestic staff inclusion
  • Favourable tax regime
Explore Program

USA USA

Residency

from $800,000

~12 months

Processing time

  • Investment in a regional fund
  • Returnable investment
  • Eligibility for citizenship after 5 years
Explore Program

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Susanna Uzakova

Susanna Uzakova

Senior Citizenship & Residency Advisor

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