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Get your dream house in Greece and obtain Permanent Residency

The troubled decade of Greek housing market is almost over. On the other hand, it is truth that any prediction about real estate price trends is a very complicated issue, in spite of various worldwide available surveys, reports and past financial crisis and statistics.
The last decade down wave price trend is completed and a single-digit house price growth lies ahead, specifically for houses built during the last 30 years. Continue reading

Chinese and Russian Investors Top List for ‘Greek Golden Visa

Chinese investors are on top of the list of the “Greek Golden Visa” recipients as the program provides residence permits to third-country residents and their families when they invest 250,000 Euro or more in real estate property in Greece.

Real estate market executives and law firms actively engaged in the “Greek Golden Visa” program met with Enterprise Greece — the program organizers — at the Ministry of Economy on Wednesday. The meeting was an initiative of Deputy Minister of Economy and Development , Stergios Pitsiorlas and the purpose was to assess the progress of the program and discuss actions to improve and promote more investments through “Greek Golden Visa.”

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Greek real estate market

There are available on sale  apartments ,single plot houses, villas and complex of villas  in ATHENS various  neighborhoods and its metropolitan towns alongside their coastal line, in other Greek  popular areas and cities, towns and the various famous  Greek islands as well. Their average price range from 700 € /m2 to even 10.000 € /m2  depending  on location, age of building , quality of construction etc.

The present market prices are approx. 35-50% lower than the 2008 year (Greek financial crisis) market prices and they now have reached the rock bottom level, while in few popular destinations started slowly going up.

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Residence Permits

The Immigration and Social Integration Code (Law 4251/2014, Government Gazette  1, no 80) contains provisions that facilitate the stay of third-country investors, whose investments are characterized as strategic investments, via the provision of extended stay time limits for the representatives of investment bodies and their partners.

Moreover, it is given the possibility of granting residence permits to third country nationals and to the members of their families, who proceed to the purchase of real estate property in Greece, the value of the one exceeds 250,000 Euro.

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