Skip to content
A bright, contemporary apartment living room

The €250,000 route, explained: conversion, reclassification, reality

June 9, 2026 · 1 min read

The €250k tier is the credibility specialty — and the most misunderstood. Here are its real conditions, step by step, with nothing glossed over.

The €250,000 route is the lowest legal entry point into the Greek Golden Visa. It is not a price hack — it is a qualifying investment with specific, real conditions. Treat anyone who implies otherwise with caution.

What qualifies

The €250,000 tier applies to defined special cases. The route Nostos specialises in is the conversion of a commercial property to residential use — sourcing buildings that can be lawfully reclassified, then handling that process end to end.

The real conditions

  • The conversion is completed before the application is filed. You apply on a property that is already, lawfully, residential.
  • The change of use is registered twice — in the municipal records and in the land registry. Both must reflect the residential classification.
  • It is a single qualifying property.
  • Short-term rental is restricted for property used to obtain the permit.

Why it needs specialists

Sourcing conversion-ready stock, managing the building and planning approvals, and registering the reclassification correctly is not a transaction you want to improvise. The value of the route is precisely in doing it properly — which is why we handle the purchase, the conversion and the application as one accountable process in Athens.

The bottom line

The €250,000 route is genuine and powerful when executed correctly. It rewards diligence, not shortcuts — and it is the part of the market we know best.

Sources & further reading