Investing in Greece holds many lucrative investment opportunities, complemented by the freedom of an investor visa, taking into consideration the ideal timing of the Greek economy recovering from a recession as well as the Golden Visa scheme.
INVESTING IN GREECE
Competitive real estate prices amongst European capitals
As a result of the long-term recession in the economy, properties in Greece are,currently, undervalued. In comparison with other European countries, Greece offers very competitive pricing per square meter without compromising on the quality of real estate. In addition, the Greek Golden Visa Programme allows investors to choose their property without any geographical limitations or restrictions to the type of property, while other countries may impose rules depending on the nature of the property itself and its location.
Low Investment Threshold
The minimum investment capital required in Greece for a European residence permit is 250000 euros, which is the lowest compared to other European countries.
Generating income from day one
Investors can rent their properties in Greece immediately, while in some other countries this may be allowed after some years of ownership. Moreover, due to the high and steady rate of incoming tourists and the growth of short-term rental schemes, property in Greece can yield a return on investment as high as 5% after taxes as well as promise a profitable resale option with property prices being expected to soon rise in Greece.
Cost of living
Greece is known for having a remarkably low cost of living, which benefits foreign investors since the maintenance, renovation works and professionals hired require minimal expenses.
Close to the world
The geographical location of Greece is placed at the point where the East meets the West providing a strategic investment destination. Since all major airlines are connected to Athens, flying around the world is easy, fast and cheap.