Foreign Investors

What is happening in residential real estate, commercial real estate and logistics The real estate market in our country is still moving at an upward pace, with positive prospects, in all individual sectors, residential properties, commercial properties and logistics. This finding comes from a series of studies and researches that see the light of day. Alongside the development prospects, new trends...

The government is introducing a three-speed limit With the aim of addressing the housing problem, limiting demand in "good" areas and addressing distortions in the real estate market by reducing particularly high prices, the Ministry of National Economy and Finance is proceeding with the legislation to increase the limits for the Golden Visa. At the same time, as mentioned by government officials, it...

Why the global rally in house prices continues - What Knight Frank research reveals The bullish party in the domestic housing market continues, with prices now just shy of the all-time high of 2008 before the financial crisis. The new double-digit growth during the third quarter of 2023 has catapulted Greece into the global top 3 of the countries with the strongest annual rate of change, although the...

Greece is one of the most attractive destinations for foreign buyers The interest of foreign investors in the Greek real estate market is great. In recent years, a large percentage of foreign buyers choose to purchase residential real estate in our country either because of the changes in the Golden Visa program or for permanent residence after their retirement. The investments of foreigners in the...

Winners and losers from the increase in the limit of 500,000 euros The real estate market is now looking for new opportunities, after the changes to the "Golden Visa" scheme and the investors’ frenzy during the first half of the year. From August 1st, visas increased from 250,000 to 500,000 euros for those who choose to buy real estate in Athens, Thessaloniki, Mykonos and Santorini, which turns the...

The turnover of its economy in Greece is expected to reach 4 billion euros this year When in 2007 Brian Chesky and Joe Zembia decided to provide their San Francisco living room air mattress and a simple breakfast for a fee, they could hardly believe they were laying the groundwork for a multi-billion dollar financial empire that has mutated the tourism industry but also entire megacities. Indeed,...

Golden visa demand soars - Thousands of pending applications There has been an investment explosion in recent years in Greece, as after the abolition of the “golden visa” program in Portugal, it is garnering the lion’s share from this program. The increased buying and selling of real estate brings hot money to state coffers, while strong mobility is also observed in the country’s notary...

How property prices will shape up to 2026 Real estate prices continue to rally and are forecast to rise even more in the coming years. Market professionals estimate that the high demand for home acquisition has strengthened even more this year, as a result of the “Spiti My” program. According to a recent analysis by Piraeus Bank, house prices will increase by 7.4% in 2023, from 11.1% in 2022. The...

How much is the Greek market at risk as a whole from the trend in real estate? An alarm has sounded in the real estate market about the possibility of a "bubble" in real estate. As prices continue to increase, at the first quarter of the year home sale prices compete at double the rate of growth. The properties The figures are revealing, according to which the sales prices of newly built apartments...

The current economic situation, but sometimes an entire period of history, can be captured by the price fluctuations of a small apartment. A friend of mine was described me a few days ago the adventures and destiny of a small apartment she owns in Ampelokipoi over the last 20 years. The ground-floor apartment, which her family bought her during her student years up until the day she got marriage, became...