Greece luxury real estate sees shift toward non-dom tax regime buyers

The Greek luxury real estate market is seeing a shift in buyer profiles, with the non-dom tax regime increasingly outpacing the Golden Visa program in transaction value. According to data from Greece Sotheby’s International Realty, luxury property purchases linked to the non-dom status reached €58.2 million between 2024 and the first half of 2026, significantly exceeding the €18.9 million generated through Golden Visa transactions.

Non-dom buyers, who transfer their tax residency to Greece under specific conditions, represent 29% of high-end transactions as of 2025. These buyers show a higher median purchase price of €2.95 million compared to €1.50 million for Golden Visa investors. This group tends to focus on primary residences, particularly in the Athens Riviera.

Concurrently, the Ministry of Migration and Asylum reports a surge in issued residency permits. In the first five months of 2026, 14,113 new permits were issued, a 57% increase compared to the same period in 2025. However, new applications have dropped by 46.2%. In Western Greece, the Ionian, and the Peloponnese, there are currently 627 pending Golden Visa cases, representing approximately 7% of the national backlog.