Real Estate in Greece keeps showing a rapid growth
Combining the lowest and most anticipating prices in Europe, it’s endless beauty, countless islands, breathtaking beaches and its seductive lifestyle, Greece appears to be the first option for foreign investors from around the world to gain the opportunity and buy an affordable “dream house” for personal use or even for leasing.
The following article will analyze in depth the reasons everyone is rushing to buy real estate in Greece and why you should act quick, in order to get your own property at the lowest cost in the market.
1. Golden Visa Program
If you are not an EU citizen and you’re planning to move and live in Europe, then this is your chance to have a permanent and unlimited access into all EU’s countries, just by investing on one or more properties in Greece.
Buying real estate in Greece with the minimum amount of 250.000€ you can grant residence permit for you and your family. This is the most inexpensive programme to get a residence permit in the EU. (You can get more information about the golden visa program and fill up our golden visa application form on the following link: https://e2wrealestate.com/golden-visa/)
2. Record of foreign tourist arrivals
In 2017, more than 30 million foreign tourists visited Greece and in 2018 the number increased to over 33 million visitors, breaking every previous record in the history of tourism, generating more than 16 billion euros in revenues.
3. Low cost of property per square metre
Greece currently holds one of the lowest property prices, which is about 1470€ per square meter on average, as shown on checkinprice. This number is estimated to be increased in the following years, so if you would like to take advantage of Greece’s low costs, now it is the right time to act.
4. Price growth potential of residential properties
As the Greek economy recovers at a stable rate after the economic crisis, that lasted for over a decade and the GDP growing at a significant frequency, there is a potential for real estate prices to grow 20–30% over the next 2–3 years. Attracted by the current low prices, may investors from around the world decide to buy residential properties in Greece considering the potential benefit of a future profitable property investment.
East to West Investing & Real Estate, provides you with a great variety of any kind of properties, all over Greece and Cyprus.
Feel free to navigate on our website and you will surely find the ideal property based on your demands. Under every property, you can find a contact form. Just fill it up an one of our partners will contact you sortly.