Greek Golden Visa Opportunity at Moschato Hive – Goldengates

Minimum Investment Threshold:

  • Investors can secure a Greek Golden Visa by investing at least €250,000 in the Moschato Hive project. The property’s status has already been converted from commercial to residential, making it fully eligible under the new regulations.

Eligibility and Compliance:

  • The Moschato Hive project allows investors to obtain a residence permit by acquiring ownership of property valued at a minimum of €250,000, in accordance with the latest legal requirements.
  • The property’s conversion to residential status ensures compliance with current Greek Golden Visa legislation.

Rental and Leasing Structure:

  • All properties within Moschato Hive will be leased to a management company, which will handle subletting for both short- and medium-term periods.
  • Under the updated Residence Permit regulations, properties acquired for the purpose of obtaining a residence permit cannot be rented out short-term as part of the sharing economy (e.g., Airbnb) or sublet independently by the owner.

Short-Term Rental Legislation:

  • According to Greek law (Legislation n. 4446/2016, article 11), a short-term lease is defined as any rental or sublet of a property for less than 60 days, typically facilitated through online platforms and including only accommodation and linen services.
  • Properties used for Golden Visa purposes are not permitted to participate in such short-term rental arrangements.

Project Classification and Investor Benefits:

  • Moschato Hive is officially classified as ΕΕΔΔ (Serviced Apartments) and operates as organized tourist accommodation.
    The arrangement, where the management company leases and sublets both shared and main areas of the building, does not impact the investor’s eligibility for a residence permit under the revised legislation.

Summary for Goldengates Clients:

  • Moschato Hive offers international investors a straightforward path to Greek residency through real estate investment, with full compliance to the latest Golden Visa and rental regulations. The project’s serviced apartment model ensures both investment stability and regulatory clarity for all participants.

Location: 137 &, Thessalonikis 12, Moschato, Greece