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Short answerThe threshold is €800,000 in Attica, Thessaloniki, Mykonos, Santorini and islands with over 3,100 residents, and €400,000 elsewhere. €250,000 applies to commercial-to-residential conversions and listed building restorations.
Thresholds depend on the region
Since the 2024 reform, thresholds are tied to location. Attica, which includes Athens, Thessaloniki and the most sought-after islands sit at the top threshold.
The 120 m² rule
At the €400,000 and €800,000 thresholds, the investment must be a single property of at least 120 m². Combining several small apartments is no longer allowed.
The €250,000 option
Converting a commercial building into housing or restoring a listed building qualifies for this threshold. The conversion must be completed before the application.
For every project, our lawyer confirms threshold eligibility against land registry and zoning records.
This content is general information, not legal or investment advice.