Traveling to the Greek islands and living in coastal cities is almost out of our minds. Also, the low cost of living, the friendly behavior of the Greek people with immigrants, the professional education system, and advanced medical and health facilities have made many immigrants interested in living in Greece.
Obtaining residency in Greece and EU countries through the purchase of property is one of the programs of this country to attract people. In the meantime, the question of many applicants is, is it possible to stay in Greece by renting a property? In this article, let’s examine Greek residence through property rental; Stay with us.
Is it possible to stay in Greece by renting a property?
Staying in Greece by renting a property is one of the ways to immigrate to Greece , which does not only lead to receiving a European investment residence. Immigrants must obtain residence in the country through visa and permit immigration channels and then rent a property. Especially in big cities and centers with touristic aspects, welfare and social services are plentiful, but living on the outskirts or in smaller areas may have its own challenges.
Learning Greek is important to communicate with the locals, and the influx of tourists in the hot seasons can make life in touristy areas a bit more difficult.
Staying in Greece by buying a property permanently requires a capital of 250000 euros; With this method, you can get a golden visa for Greece. In this case, the targeted people can include the head of the family, spouse, children under 21 years old, guardian’s parents and spouse’s parents. It is also possible to show that you can support yourself and your family without working in Greece by staying through financial means or a pension visa, and then get a residence by renting a property and turn it into a permanent residence.
Finally, it is not possible to stay in Greece by renting a property, and you must use one of the valid immigration methods. Also, before immigrating, you need to examine the possible problems and challenges of living in Greece to prepare for a better stay.
To search and see the price of rental properties in Greece, refer to spiti24 .
How much does it cost to rent a property in Greece?
The cost of renting a property in Greece is an important issue for people who plan to stay in this country. These costs are generally more affordable than other advanced European countries. The square footage of the house has a direct effect on the rental cost, as well as the desired city and neighborhood. Also, the cost of renting a property in different Greek cities is also different. These differences are due to the level of welfare and social services, access to different centers, etc.
If you intend to stay in Greece, you need to check the costs of staying in Greece by renting a property according to your needs and budget and make the right choice. Also, get enough information about the advantages and disadvantages of each city and area to live in to make a better decision.
Apartment rental price in Greece 2024
In 2023, various factors have a significant impact on the rental price of apartments in Greece. One of the factors that can affect the affordability of rent is the economic stability of the country and the income level of the citizens. Of course, the geographical location is also involved in this issue; Large cities such as Athens, due to being the capital, and Thessaloniki, due to increased demand, have higher rental prices, while suburban or rural areas have much lower rents. In addition to these cases, apartment rental costs are also related to tourism, and apartment rental rates are higher around popular tourist destinations. Based on the things mentioned, in general, the price of renting an apartment in Greece is about 10 to 14 euros per square meter.
Property rental conditions in Greece
To rent a property in Greece, you must first find the desired property; This can be done by checking ads in newspapers or rental property platforms. Stargate immigration team consultants can also guide you in this direction. After choosing the property, negotiate with the landlord and determine the terms of the lease. To sign a rental contract, you can go to a real estate office and register the contract electronically.
To rent a property in Greece, you must first have a residence permit in this country. You can take action through immigration methods such as financing or company registration to get a residence card. Then you can enter into a lease agreement and rent the desired property. By renting a temporary house in Greece, you can get to know the conditions and facilities of this country and make the best decision for obtaining a golden residence in Greece.
Finally, to rent a property in Greece, it is recommended to use real estate consultants or reputable legal institutions to find the best property for you so that you can properly complete the contract process.
Documents required to rent a property in Greece
The list of documents required to stay in Greece by renting a property should be as follows:
- Provide original + copy of ID card
- Providing original + copy of passport (sufficient credit)
- Provide personal photo
- Submission of visa application form
- Providing medical documents
- Providing the necessary financing (if needed)
- Get a certificate of no bad background
- Payment of visa issuance fees along with their receipt
- Obtain valid Greek insurance
To obtain a Greek visa, the presence of these documents is very necessary and can affect the duration and final result of your application. Before renting a property in Greece, it is better to make sure that the documents are correct and complete in order to avoid problems caused by the lack of documents.
Rent a house in Athens
Athens, the capital of Greece, has diverse neighborhoods and the most attractive destinations for renting a house. Old parts such as Anafiotika, Monastiraki, Plaka and Siri are very popular due to their stunning antiquities and proximity to the Acropolis.
The central neighborhoods are also very suitable for accommodation; For example, Klonaki, which is known as the most fashionable central area of the city and is very popular with its warm and friendly atmosphere and unique cafes and offices. Southern neighborhoods such as Vola, Alimos, Glyfada and Eleniko are great choices for renting a house; These areas make life enjoyable for residents with special attractions and famous tourist places such as Tzistrakis Mosque and Hadrian’s Library.
Among these neighborhoods, Syntagma is a historical neighborhood and a good place to stay in the ancient center of Athens. Syntagma Square is one of the favorite destinations of people with its attractions and proximity to the National Garden of the city. Finally, Exarcia is also a place with more affordable rental costs. This area is close to the boxing section of Kolonaki and its nights have a special attraction with live music bands and many activities.
The following table shows the cost of renting a property in Athens:
Type of house |
Meterage |
Average property rent (€) / month |
One bedroom apartment |
40 to 80 meters |
900 – 1300 |
Two bedroom apartment |
60 to 100 meters |
950 – 1400 |
Newly built three-bedroom apartment |
100 to 150 meters |
1200 – 1700 |
Two bedroom townhouse |
100 to 200 meters |
900 – 1500 |
Small bungalows |
80 to 120 meters |
700 – 1200 |
Country house |
150 to 400 meters |
500 – 1000 |
Old aristocratic house |
150 to 250 meters |
1400 – 3200 |
Independent three bedroom villa |
150 to 250 meters |
900 – 2800 |
luxury villa |
200 to 400 meters |
1400 – 4300 |
Overall, Athens is a great destination to experience culture and history, with diverse neighborhoods and plenty of rental opportunities. Each neighborhood has unique charms and it depends on your tastes and needs which one you choose to stay.
Disadvantages and advantages of staying in Greece by renting a property
Staying in Greece by renting a property has many advantages. Food and apartment rental costs are up to 70% lower than in the United States, which makes this a great choice, especially for Iranians. The mild and favorable climate of Greece is one of the other advantages of staying in this country. All health and treatment facilities will be at your disposal and you can benefit from its cheap insurances.
Staying in Greece by renting a property on a temporary basis gives you a good opportunity to get to know the conditions of the country and obtain a golden residence in Greece. This advantage allows you to carefully and patiently complete the process of proving financial means or other methods of obtaining permanent residence.
Staying in Greece by renting a property has disadvantages that we should pay attention to. One of the problems of living in Greece is that only by renting a property, you cannot get the official residence of this country. There is no residence in Greece through renting a property, and for residence, a work or study visa is required independently.
In addition, living in the peripheral areas of Greece or smaller towns may cause problems, as some amenities and social facilities are less and more limited in these areas.
Learning Greek can also be a challenge, because communication with local people and offices is done in Greek, and this may be problematic for newly arrived immigrants. In the hot and tourist seasons, the influx of tourists may overcrowd the tourist areas.
Therefore, staying in Greece by renting a property has its own issues and challenges that we should pay attention to before deciding to stay in this country.
Conclusion
Traveling to the Greek islands and living in the coastal cities of this country has always had countless attractions. Low cost of living, friendly behavior of Greek people with immigrants, advanced education and health system are among the factors that encourage immigrants to live in this country.
Although rental property alone does not provide residence, it can be a step in the immigration process. For permanent residence, you need a residence permit in Greece, which you can obtain a visa and residence permit through immigration and then rent a property. To get more information in order to obtain Greek residence by renting a property, or to obtain Greek residence by investing , buying property, and even getting a Greek visa , contact Stargate consultants.
Content retrieved from: https://stargategr.com/stay-in-greece-with-renting-house/.