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Chinese Investment Reshapes Athens Through Real Estate and Business

Huanqiu Times reported that Chinese investors are bringing both visible and subtle changes to Athens, primarily through property purchases under Greece’s “Golden Visa” program and a growing cultural and business presence.

  • By mid-2025, nearly 8,000 Chinese citizens had applied for a Golden Visa for the first time, with about 4,795 approvals – accounting for 47.8 percent of all new applicants. Among renewals, Chinese nationals represented an even larger share at about 61 percent.
  • Many buyers acquire apartments quickly – often without deep knowledge of the neighborhoods – simply to secure residency rights. Real estate agents say Chinese clients frequently arrive in groups, use translators, and make rapid purchase decisions.
  • Beyond property, Chinese influence is increasingly visible in the city center, where authentic restaurants such as hot pot spots and Cantonese cafés are opening. Chinese workers, including those from shipping giant COSCO, are also contributing to the city’s changing character.
  • Locals note both visible and subtle transformations. Renovations, refurbishments, and building upgrades are becoming more common, sometimes even in apartment blocks owned by Chinese nationals.
  • Some Greek commentators view the trend positively, saying it has revitalized neighborhoods, boosted the construction and renovation sectors, and spurred related industries.

Source: Huanqiu Times, August 17, 2025
https://oversea.huanqiu.com/article/4NxFTq4TmwV