Greece's New Rental Law (Law 522/2025): What Cross-Border Investors Need to Know

Following widespread uncertainty in the market after the introduction of Law 522/2025, Pro Greece initiated a legal review together with its Greek legal counsel to ensure full clarity for its investors.

The review was conducted by Adv. Konstantinos Chatzialexandrou of Chatzialexandrou Law Office, who examined whether the new regulation creates any material implications for foreign investors operating in Greece through local management structures.

What the law is actually about

Law 522/2025 is part of Greece's broader effort to improve:

• Transparency in rental income reporting

• Tax compliance and enforcement

• Oversight of informal or undeclared rental activity

The law focuses on regulation and reporting, not on restricting foreign ownership or rental rights.

Key takeaways from the legal clarification

The legal analysis confirms that:

• Foreign investors may continue to rent out residential properties in Greece

• Non-resident owners are not required to open personal Greek bank accounts

• Rental activity can be managed through local representatives or professional management companies, as permitted under Greek law

In practice, the law primarily targets unstructured, informal rental activity.

Pro Greece clients already operate within a fully compliant local framework, including:

• Professional property management and local representation

• Proper tax reporting and regulatory alignment

• A clear separation between the foreign investor and local operations

Because these standards were already in place, Law 522/2025 does not require any operational or structural changes.

The cross-border perspective

For cross-border real estate investors, the key takeaway is clear: regulatory updates tend to reinforce the importance of structured local operations—not disrupt them.

When professional local management is combined with efficient cross-border financial infrastructure, investors gain stability, transparency, and continuity—even as regulations evolve.

Law 522/2025 changes little for well-structured foreign investments in Greece. As cross-border regulations continue to evolve, working with experienced local partners and the right financial infrastructure remains key to long-term investment stability.

About Pro Greece

Pro Greece is an Israeli real estate investment and development company, led by co-founders and co-CEOs Zack Vertzberger and Gal Rubin, with offices in both Israel and Thessaloniki, Greece.

The company has been active in Thessaloniki and its surrounding areas for over eight years, delivering more than 45 projects and approximately 750 residential units.

Pro Greece employs local teams and operates a dedicated in-house property management company, supporting clients throughout the full investment lifecycle—from asset creation to ongoing operational management.