Aegina, Saronic Gulf, Greece

A 28 m2, second floor flat, 1 bedroom, open-plan kitchen-living room, opening to a lovely 14 m2 veranda with views, one of four flats in this level, is in a modern architecture building of 11 apartments at three levels, at Mesargos, Santa Marina, in the beautiful and unique, picturesque and historic island of Aegina, just 35 minutes sail via hydrofoil or an hour ferry-sail from Piraeus, the port of Athens. There are many daily sails from and to  Piraeus to both Agia marina and Aegina Town port, by hydrofoils or ferries and indeed sea-taxis, even in the winter.

The Greek Golden Visa apartments in this development in Agia Marina, Aegina, are ranging in price from ? 250,000 to ? 400,000, depending on size and position, views etc. and of course are subject to possible fluctuations following the normal supply and demand conditions in the market - demand, must be admitted, being very strong.

The apartment, the same as all the apartments in the complex, is gaining from the minimalistic aesthetics and its modern design and a superb communal roof terrace. It is equipped with energy-efficient aluminium systems, a reinforced security door, a Multi Air-conditioning system, and LED lighting. From the communal roof garden one can have panoramic views over the Athenian Riviera. Owning this property, offered - as a guide, at ? 250,000 - you and your entire family,  would be guaranteed a Greek Golden Visa, to enjoy all the benefits and privileges of a Greek Golden Visa holder. We can, of course, suggest a number of specialized legal practices in Athens to handle your successful Greek Golden Visa applications.

The property is offered either for own occupation, in which case the new owner would have to equipe it and furnish it and we can suggest a number of specialised companies, to do just that. Owners of Greek Golden Visa associated properties, like this one, must nevertheless keep in mind, that they would not be able to use it to generate any income, either personally or through a company owned by the Greek Golden Visa holder / owner.

Alternatively, the owner of a Greek Golden Visa associated property, like this one, could lease the apartment for 5 years, to produce a guaranteed income equal to 3% of the value of the property (an annual income of some ? 7,500, by contracting it, on a 5-year contract, to the developer to operate it as a hospitality apartment, in which case the developer, would also be the operator and would be equipping and furnishing your apartment, at his cost. The same as, if you were contacting an apartment of yours anywhere in the world to an expert operator, to operate it as an AirBnB-type hospitality outlet. At the end of this 5-year period, you could negotiate a further contract, on similar terms, for an agreed period of time.

If the new owner and Greek Golden Visa holder, would wish to live in this apartment, in beautiful Aegina, fine! If however, the new owner, would rather live in Athens and if his family is larger than what would be accommodated at the particular property, then, the new owner could possibly utilise the annual income of said ? 7,500 (representing the 3% guaranteed return, as per the contract with the developer / operator) and rent an apartment in Athens itself, much larger and as convenient one may wish.

It must be reiterated, that a Greek Golden Visa holder, would not be allowed to operate the property attached to a Golden Visa, as an income generating property. BUT, the particular developer / operator, being also a hotelier and a highly reputable specialist manager of properties like this one, is licensed by the State to operate it as such, paying you the guaranteed 4% return on your investment, while you would be enjoying all the Greek Golden Visa, Shenghen-Area EU privileges.

This Greek Golden Visa option, is perfect for anyone, aiming to have an Eu residence, with full Shenghen Area access, but it is  also, ideal for any non-EU citizen professional, say from the US, Canada, Australia, India etc., whose business as a professional, requires them, to work in the EU for long and unincumbered travelling and stays in the EU.