Buying and owning property
What You Can Buy in Greece for €500,000, €800,000, €1M, and €1.5M in 2026
Property buyers in Greece often define their budget first and then choose a location. What can you actually buy for €500,000, €800,000, €1 million, or €1.5 million? In 2026, each of these budgets unlocks different opportunities — from modern villas in Crete to premium real estate and development projects.
€500,000: A Villa in Crete
With this budget, you can already consider a modern private villa. For example, the AILIT Group project catalog features:
- Villa Auralis — 150 m² for €475,000
- Villa Solmira — 142 m² for €500,000
- Villa Elia — 120 m² for €525,000
Such a property can be suitable for personal residence, holidays, or as part of a long-term investment strategy.
€800,000: More Space and Choice
With a budget of around €800,000, more spacious villas and high-end projects become accessible.
For non-EU investors, this budget is also significant for the Golden Visa. In several of the most sought-after regions, an investment threshold of €800,000 applies, provided program requirements are met. Other conditions and thresholds apply to special real estate categories, so each property should be checked individually.
Current requirements can be found on the AILIT Group Golden Visa page.
€1 Million: Real Estate or Investment Strategy
With a budget around €1 million, you can choose between a large villa, a plot of land with construction, or an investment combination of several properties.
Here, it is essential to evaluate not only the purchase price, but also closing costs, construction or renovation expenses, maintenance, and potential returns.
€1.5 Million: Premium Segment
This budget opens access to large private villas and larger investment properties. For instance, the AILIT Group catalog includes:
- Luxury Greek Villa in Chania (200 m²) for €1.5 million.
- Glyfada Residence in Athens (300 m²) offered for €1.65 million.
The Key Is Not Just Budget, But the Goal
The same amount can be invested in very different ways:
- Buy a turnkey villa.
- Purchase land and build a custom property.
- Build an investment portfolio.
Therefore, it makes sense to define your goal first — personal residence, Golden Visa, rental income, capital preservation, or development — and only then select the property.
Answers to major buyer questions are collected in the AILIT Group FAQ.
Prices are current at the time of publication and subject to change.
Article reviewed by Alexey Fatuev — expert in construction and real estate development in Greece.