By George Lampiris
The Moschato Hive, currently under construction and slated for completion in 2025, features apartments starting at €250,000 -the minimum threshold for obtaining a Golden Visa.
The forecast for the issuance of permanent residence permits through the Golden Visa program creates new dynamics in the real estate market. While the program introduces higher minimum investment thresholds of €400,000 and €800,000, depending on the location, a key opportunity remains for investments starting at the €250,000 threshold.
This initiative focuses on repurposing abandoned buildings that have remained unused for at least five years, including old industrial sites, factories, and office properties. The new law provides specific incentives to real estate development and construction companies, which are expected to spark a wave of fresh investments. DKG Development is at the forefront of this movement, being one of the first companies to strategically target this category of properties in the Greek market, focusing on key areas like Moschato and Piraeus.
“We foresee areas like Piraeus, where DKG Development is already advancing the Piraeus Gate project, as well as Kallithea and Moschato, emerging as urban redevelopment hubs in the coming years. This provision not only drives urban renewal but also enriches the market with new properties, creating a valuable offering for digital nomads, students, and corporate executives coming to Greece in search of fully equipped and furnished accommodations.”
You can read the rest of the article here https://www.noupou.gr/en/real-estate/dkg-development-qualify-for-greeces-golden-visa-with-a-e250000-minimum-investment-in-former-industrial-properties/
