How to Open a Boutique Hotel in Greece? (A Guide for Turkish Investors)

Greece offers excellent opportunities for Turkish investors in the tourism sector. This guide explains the hotel setup process, required documents, Golden Visa, best regions, and estimated costs with short and simple sentences.

1. Required Documents to Open a Hotel in Greece

• Company registration documents: Tax number (AFM), trade registry, VAT.
• EOT license: Official hotel operating license from the Greek Ministry of Tourism.
• Fire, hygiene, and environmental reports: Required for license approval.
• Municipal permits: Business license, signage, noise permits.
• Golden Visa paperwork: Passport, health insurance, criminal record.

2. Can Turkish Citizens Open a Hotel in Greece?

Yes. Foreigners can own property and start businesses in Greece. Investments over €250,000 qualify for the Golden Visa.

3. Best Locations to Open a Boutique Hotel in Greece

• Athens: All-year tourism, historical areas.
• Santorini & Mykonos: Luxury tourism, high occupancy rates.
• Rhodes & Kos: Close to Turkey, seasonal tourism.
• Thessaloniki & Halkidiki: Business and cultural tourism.
• Crete: Long season, nature and gastronomy appeal.

4. Estimated Costs to Open a Small Hotel in Greece

5. Golden Visa & Residence Permit Advantages

The Golden Visa grants 5-year residence permits for non-EU citizens who invest at least €250,000 in real estate. In premium zones, the minimum is now €500,000.

6. Final Thoughts & Recommendation

Opening a boutique hotel in Greece requires careful planning. Right location, realistic budget, and accurate documentation are key to success.

Check our Hotel Opening Checklist to prepare better.

Internal Links:

• Hotel Opening Checklist
• Essential Hotel Supplies

External Source:

https://enterprisegreece.gov.gr/