Real Estate Investment: Why Greece May Be More Advantageous Than the UAE

European Residence Permit

One of the key advantages of Greece is the opportunity to obtain a Golden Visa for the investor and their family members. In Crete, the standard investment threshold is 800,000 euros. For such a purchase, one must acquire a single property with an area of at least 120 m². Unlike UAE residence visas, the Greek program provides a full residence permit in a European Union country.

Real Estate in a European Jurisdiction

By purchasing a villa in Greece, an investor becomes the owner of an asset in an EU state. Ownership rights are formalized through a notary and registered in the land registry. Such a property is suitable for permanent residence, family vacations, long-term rentals, or future resale.

Limited Land Supply

The real estate market in Crete is characterized by a limited number of high-quality seaside plots. Property values are influenced by factors such as sea views, access roads, permitted building area, and proximity to resorts. At the same time, the UAE market is regularly replenished with new large-scale projects, which ensures a wide selection but increases competition for rentals and resale.

The Opportunity to Build Your Own Villa

In Greece, an investor can purchase a plot and implement a project tailored to their goals, independently determining the layout, number of bedrooms, finish level, and infrastructure.

• Explore the AILIT Group villa project catalog.
• Learn more about the implementation stages in the real estate construction in Greece section.

Investment for Life and Family

Real estate in Crete serves as a multifunctional asset:

• A family home by the sea.
• Capital preservation in a European jurisdiction.
• A source of income from long-term rentals.
• A basis for obtaining a Golden Visa.

Cost of Ownership

When choosing between countries, it is important to consider the total cost of ownership. The UAE has no personal income tax, but owners incur expenses for service fees and property maintenance. In Greece, an investor should consider property tax, insurance, utility bills, as well as costs for site maintenance and property management.

What Should an Investor Choose

The choice depends on your goals and investment horizon:

Criterion	UAE	Greece
Market	Dynamic, many new developments	Limited land supply
Status	Residence visa	EU Residence Permit (Golden Visa)
Asset	Apartments/villas in complexes	Private plots and villas

Greece may be a more suitable solution for those seeking long-term capital preservation and the opportunity to integrate into the European space. To receive an individual calculation for an investment project, contact AILIT Group.

Information is for informational purposes only.