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Jul 2026
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Why the world’s wealthy are moving to Greece: what Henley and Knight Frank reveal

Greece is gaining ground as a destination for mobile wealth, with stability, tax incentives, real estate and quality of life reshaping its appeal

“Door opened” for rent caps, cheaper mortgages, a new Golden Visa & reduced VAT for social housing

New housing strategy released for public consultation – A new version of the “My Home” program is also proposed, with tax incentives for banks

New subsidy scheme seeks to bring vacant homes back onto the market

Greece is preparing to launch a new housing scheme designed to increase the supply of available homes by subsidising extensive residential renovations, as the government looks to bring thousands of vacant properties back onto the market.

Housing: Subsidy up to €36,000 from May for 30,000 renovations – 20 properties on the market in 2026 for social housing

The social housing plan passes the first market test with 20 properties in 2026, while 2,300 homes from inactive camps and 700 by 2029 enter the pipeline - Investors "see" returns of 9%-10% to enter the projects, with public property being the main filter

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