INVEST IN GREECE

HOUSE PRICES ARE

RISING AGAIN AS

ECONOMY RECOVERS

The Greek homes market has the lowest rates among 18 European countries according to an international survey by the RE/MAX Europe network of estate agents.

For this year RE/MAX stresses that the residential property market is expected to stabilize as a result of the attractive sale prices, the increase in domestic demand and some signs of growth in the Greek economy. The intention of the banks to issue some mortgage loans, if under strict conditions, could also make a positive contribution.

According to Hellenic Statistical Authority (ELSTAT) figures, residential property transactions in Greece posted an increase of 25.2 percent in 2015, although the details remain unknown as most transactions are made exclusively in cash.

Greece has also become the most popular country for summer holidays in 2021. Most Europeans plan to spend their vacations in Athens, Thessaloniki, Mykonos, and Corfu. 18 Greek islands have already received covid-free status in March 2021. It means that all citizens of the islands have been vaccinated against coronavirus.

3,6%

INCREASE IN AVERAGE GREECE PROPERTY VALUE IN FIRST QUARTER OF 2021

31.3m

TOURIST ARRIVALS IN GREECE IN 2019

6.5%

HIGHEST AVERAGE RENTAL YIELDS IN GREECE

8%

INCREASE IN APPLICANTS LOOKING FOR RENTAL PROPERTY IN ATHENS

What an investor will get when buying real estate in Greece

The investor will receive a residence permit in Greece, a country that is part of the European Union. The conditions of the investment program are some of the most attractive in the region. The minimum investment amount is € 250,000, and the period of registration of the residence permit card takes 3 months.

To obtain a residence permit in Greece, an investor buys any property worth €250,000 in the country. It is also possible instead of buying a hotel rental for 5 years or apartments in the tourist complex for 10 years, the purchased land for construction or share in the tourist facility.

A residence permit in Greece allows the investor and their family to live, study and work in the country, as well as travel freely in Schengen countries.

ATHENS

AN IDEAL PLACE TO LIVE, WORK, INVEST

As the southernmost capital of Europe, Athens has been a hugely important city throughout history. It is widely considered as the birthplace of Western Civilisation with many of the intellectual and artistic ideas that shaped history having originated from there. The Greek Government have welcomed lots of foreign companies to locate to Athens after the recent crisis – in the past few years the city has seen a big rise in the presence of multinational companies expanding operations abroad. With new ideas and an entrepreneurial spirit, Athens is in the midst of a start-up movement. The city has a population making up nearly half of that of Greece and is situated In the middle of the Greek mainland providing an excellent opportunity to explore the rest of what the country has to offer.

NEW UPCOMING Projects

5 STOREY BUILDING WITH BASEMENT – PILOTIS AND ATTIC

Brand new apartments available for sale in Pagkrati. Choose from a wide range of interior finishes and give own personal touch to the property. Every property has been designed with compliance of strict international quality and standards regulations.

2 Pareklisia villa 815

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July 27, 2021

3 Pareklisia villa 815

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