Greece has long been known for its unique history, stunning landscapes, and vibrant culture. In recent years, it has also gained recognition as an attractive destination for real estate investment, particularly in the residential property market. There are many benefits related to buying residential property in the prime location of Greece.
One of the key advantages of buying residential property in Greece is the country’s thriving tourism industry, which offers the opportunity to generate a considerable income by renting the property out. Greece is also an ideal retirement destination considering the low living costs compared to the UK and the high-end medical facilities available in the cities. There is a growing community of expats in Greece.
Greece offers a Golden Visa programme, which is an attractive immigration scheme for non-European Union citizens. By purchasing residential property with a relatively low value starting point of €250,000 (or €500,000 in certain areas), investors and their immediate family members can obtain a renewable five-year residency permit, granting them access to Greece and the Schengen Area. This programme is a valuable long-term benefit for those planning to relocate to Greece by investing in Greek real estate.
Compared to other EU countries, Greece offers competitive property prices, particularly in its rural and coastal regions. This affordability makes it an appealing destination for investors looking for high-value properties at a fraction of the cost of similar properties in Western Europe.
Greece offers a Golden Visa programme, which is an attractive immigration scheme for non-European Union citizens. By purchasing residential property with a relatively low starting point of €250,000 or more, investors and their immediate family members can obtain a renewable five-year residency permit, granting them access to Greece and the Schengen Area. This programme is a valuable long-term benefit for those planning to relocate to Greece by investing in Greek real estate.” Demetri further points out “Greece is a major tourist destination, attracting millions of visitors every year. This robust tourism industry presents an excellent opportunity for property investors who wish to rent out their properties to tourists as a business venture. Investors can generate significant rental income, especially during the peak tourist season. Greece’s tourist-friendly policies and growing tourism industry make it an attractive option to capitalize on this market.
Greece boasts a wide range of scenic locations for residential property investments. From the picturesque islands of Santorini and Mykonos to the bustling city of Athens and the historic sites of Crete, investors have a plethora of options to choose from. Greece’s diverse landscapes and charming villages offer various investment opportunities, catering to different preferences and budgets.
“For investment and property purchase in Greece, you can get in touch with our experts. Our colleagues will accompany you from the beginning to the end of the process.”
