Greece Golden Visa service

Commercial to Residential Conversion for the Greece Golden Visa

Commercial to residential conversion can qualify for Greece’s €250,000 Golden Visa route when a property's main areas are lawfully changed to residential use and the conversion is completed. It is not a general €250,000 property tier.

Programme conditions checked 2026-08-15 against Law 5100/2024

Enquire about conversion eligibility

Private enquiry

Tell us about the property

Include its current use, location and whether conversion work has started. The form is delivered through the same secure enquiry route as our contact page.

€250,000
Route type
Available
Throughout Greece
No 120 m²
Minimum area

Route qualification

How does commercial to residential conversion qualify for the Greece Golden Visa?

Commercial to residential conversion qualifies at a minimum investment of €250,000 anywhere in Greece when the change of use is lawful and completed before the residence application; no 120 m² minimum applies to this route.

Route conditions

  • One property with main areas changing to residential use
  • The conversion completed before the residence application
  • A minimum acquisition value of €250,000
  • Available anywhere in Greece
  • No 120 m² minimum area requirement
  • The seller or the investor may complete the change of use
  • An industrial building or site must meet the additional five-year non-operation condition

Does not qualify

  • An ordinary €250,000 home purchase
  • A plan or intention to convert after applying
  • An incomplete or undocumented change of use
  • Combining several properties to reach the threshold
  • Short-term letting or subletting after acquisition
  • Using the converted property as a business seat or branch

The service

What Aegalis coordinates.

One case plan connects the property, conversion, Greek legal work and residence application before the investment becomes difficult to unwind.

  1. 01

    Route fit

    We test the property, ownership structure and proposed use against the conversion route before the case is built around it.

  2. 02

    Property and planning due diligence

    We coordinate the review of the existing lawful use, the residential change-of-use pathway and the approvals the conversion depends on.

  3. 03

    Title and legal checks

    Greek-qualified counsel checks ownership, title, encumbrances, contractual protections and the transaction evidence needed for the file.

  4. 04

    Conversion evidence

    We keep the planning, engineering, notarial and completion records aligned so the change of use can be evidenced before the application is filed.

  5. 05

    Greek counsel and application

    Greek-qualified local counsel handles Greek legal work while Aegalis coordinates the investment, applicant documents and residence application.

  6. 06

    Completion and renewal continuity

    We keep the qualifying investment, property-use restrictions and renewal evidence visible after the first residence card is issued.

Before capital moves

What has to be true before you invest.

The route depends on a completed legal and physical change of use—not a brochure label. Each stage should leave evidence that the next adviser can test independently.

  1. 01

    Property fit

    Confirm that the current use and intended residential use fit the route.

  2. 02

    Permitted change

    Verify the planning pathway, approvals and responsibility for the works.

  3. 03

    Completed conversion

    Finish the lawful change of use before the residence application.

  4. 04

    Investment evidence

    Evidence the qualifying purchase price and compliant payment trail.

  5. 05

    Application-ready file

    Bring the property, investment and applicant documents into one reviewed file.

An ordinary €250,000 home purchase does not qualify.

Evidence to verify

  • Existing lawful use and the approved residential use
  • Completed change of use before the residence application
  • Acquisition value of at least €250,000
  • Ownership, title and encumbrance records
  • Contract, payment and notarial evidence
  • The notarial certificate stating whether the seller used the property for a permanent-investor permit
  • For an industrial building or site, evidence that no industry was installed and operating there during the previous five years

Common risks

  • Treating an ordinary low-price home as a conversion property
  • Relying on a proposed or incomplete change of use
  • Works that do not match the planning approvals or completion record
  • Gaps between the property, engineering, contract and payment evidence
  • Short-term letting, subletting or a business-seat arrangement after acquisition
  • Committing capital before Greek legal and technical review is complete

Ready to assess a conversion property?

Tell us the address, current use and conversion status. We will identify the legal and technical questions that need answering first.

Enquire about conversion eligibility

Before applying

Frequently asked questions.

Does a property that I plan to convert qualify for the €250,000 route?

Not on intent alone. The commercial-to-residential change of use must be lawfully completed before the permanent-investor residence application is submitted. The seller may complete the conversion before the sale, but the completed change still needs to be evidenced in the application file.

Where in Greece can I use the commercial to residential conversion route?

The route is available throughout Greece, including Attica, Thessaloniki, Mykonos and Santorini. Its minimum acquisition value is €250,000, and the 120 m² minimum that applies to the standard property routes does not apply here.

Can I use more than one property to reach €250,000?

No. Law 5100/2024 states that the conversion investment is made in one property. The purchase and completed change of use must satisfy the route as one qualifying investment.

Can I rent the property after the conversion?

A property used to obtain a Greek Golden Visa may not be let on a short-term basis or subleased. Breach means revocation of the residence permit and a fine of €50,000. A conversion-route property also may not be used as the registered seat or a branch of a business. Long-term letting can be assessed separately against the permit and property arrangements.

Can an industrial building use the conversion route?

Potentially. Where the property is an industrial building, part of one, or includes one, Article 100(2)(c) adds a specific condition: no industry may have been installed and operating there during the previous five years. The residential change of use must still be completed before the permit application.

Can I buy a conversion property that was linked to the seller’s Golden Visa?

Prior permit use is not an automatic one-use bar. Article 100(8) says a resale to another third-country national may support the new buyer’s permit while the seller’s linked permit is revoked at the same time. The notarial certificate must state whether the seller used the property for a permanent-investor permit, so Greek counsel should verify and sequence the transaction before commitment.

What evidence shows that the conversion is completed?

The exact evidence depends on the building and transaction. The file normally needs aligned planning, engineering, property, contract, payment and notarial records showing the lawful residential use and the completed conversion. Greek counsel and the responsible technical professionals should confirm the required evidence before filing.

Programme conditions checked 2026-08-15. Primary legal basis: Greek Migration Code, Law 5038/2023, article 100, as amended by Law 5100/2024, article 64 (FEK A' 49). This page is general information and does not replace advice on a specific property or application.

Schedule a free call