Tokenize Real Estate in Greece

Yes. Greece applies the EU's Markets in Crypto-Assets Regulation (MiCA), which it transposed early through Law 5193/2025. The Hellenic Capital Market Commission (HCMC) authorises crypto-asset service providers and the Bank of Greece oversees asset-referenced and e-money tokens. A token that is a financial instrument falls under securities law (MiFID II).

Yes. Foreigners can buy Greek property without restriction, and an investment in real estate can qualify for the Greece Golden Visa residency permit. Foreign investors can also hold tokenized fractions, and MiCA passporting lets compliant offerings reach investors across the EU.

MetaWealth launched Greece's first tokenized real estate offering at the Urban City 44 development in central Athens, listing apartments as 14,753 tokens at US$100 each for a roughly US$1.5 million raise. EU-focused infrastructure providers such as Blocksquare are also extending compliant tokenization across Europe.

Law 5193/2025 confirms the HCMC as the authority that licenses crypto-asset service providers under MiCA, while the Bank of Greece handles prudential oversight of asset-referenced and e-money tokens. Existing registered providers had to file full MiCA applications by the end of 2025 to continue operating.

Capital gains tax on property sales is suspended until the end of 2026 (a 15% rate is scheduled to apply afterwards). A 3% transfer tax plus a small surtax applies on purchase, rental income is taxed progressively from 15% to 45%, and owners pay the annual ENFIA property tax. Confirm the treatment of a tokenized holding with a Greek tax advisor.

MiCA gives Greece a harmonised EU framework for crypto-asset issuance and services. Because Greece adopted it early via Law 5193/2025, providers that obtain HCMC authorisation can passport their services across the EU – useful for distributing tokenized Greek real estate beyond Greece.