What Qualifies as a Commercial Property for the €250,000 Threshold? For Golden visa.

What Qualifies as a Commercial Property for the €250,000 Threshold?

For the purpose of the Greece Golden Visa, a commercial property can include various types of real estate, provided it meets the investment amount and is located in the eligible €250,000 zones. Examples include:

• Shops/Retail Units: Ground floor or multi-level retail spaces.

• Offices: Units within office buildings or standalone office spaces.

• Hotels/Guesthouses: Small boutique hotels, guesthouses, or tourist accommodation units.

• Warehouses/Industrial Units: While less common for the Golden Visa, these can also qualify.

• Restaurants/Cafes: Commercial spaces designed for hospitality businesses.

Crucial Point: The distinction often lies in the planning permission and official use of the property as registered with the Greek authorities. An apartment building converted into a tourist short-term rental might still be considered residential for the Golden Visa threshold unless its official use has been unequivocally changed to commercial/tourist accommodation. Always verify the property's official designation.