NEW RULES - GOLDEN VISA GREECE
A stylish and contemporary development of 56 two-bedroom apartments on the Athens Riviera, just 10 miles from the city center.
Moschato is situated at the start of the 70-kilometer Athens Riviera, with its clear-blue waters, romantic sunsets and sweeping views of the Saronic Gulf. The new development is named after and close to the river Ilissos that runs parallel to the development.
In just a 9 minute walk, a metro station connects you with Syntagma, the heart of the city, in just 17 minutes.
It also connects you with the coast in just 3 minutes where you have the opportunity to swim, relax at a waterfront café, walk along the picture-perfect pedestrian streets and the marinas, enjoy your favourite water sport, visit one of the area’s modern shopping centres, dine by the sea or simply enjoy the vibrant social scene.
Iliso has been designed for contemporary living, intuitive design and robust forms create a distinctive environment that awakens the senses.
The architecture has an indoor/outdoor concept, with spacious terraces and beautiful courtyards extending the living areas. The sleek geometry is softened with an earthy palette of materials including wood and marble, selected to provide elegant simplicity.
In designing these exclusive apartment, Pafilia has drawn on the underlying meaning and merit of city living: that is, ergonomic, convenience and ease.
MINIMUM INVESTMENT 500.000 EUR IN A SINGLE PROPERTY TO BE ELIGIBLE TO APPLY.
Athens dominates the Attica region of Greece and is one of the oldest cities in Europe with a wealth of history to experience and explore. Each neighbourhood in Athens has its own unique attractions and character.
Explore the cafes and bars in Exarchia, the history of Plaka, the buzzing nightlife in Gazi and the coolest shopping in Kolonaki.
The new legislation came into effect from the 31st of march 2024. Under the latest legislation, investors can still apply under the current 500k minimum threshold in the Athens region, with a 10% deposit by August 31 2024. The final investment should be made by December 31, 2024, and property completion by April 30, 2025.
Under the new legislation, properties continue to be split into two zones as follows:
in the entire Administrative Region of Attica (which includes Piraeus and most of the capital region), the Regional Units of Thessaloniki, Mykonos, and Santorini, as well as in islands with a population of over 3,100 inhabitants; and
For All other regions of Greece.
Golden visa investors may not place their properties on the short-term rental market (i.e., AirBnBs). Moreover, investors may not use properties qualifying through the conversion of commercial real estate to residential as registered company headquarters. Non-compliance with the property use restrictions will result in the revocation of the residence permit as well as an administrative fine of EUR 50,000.
The Finance Ministry's statement did not specify whether the above restrictions would apply to properties owned by already-approved golden visa residents.
source: imidaily.com
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