Which foreigners want to buy property in Greece

10 March 2017
908 Views

There is a spike in demand for property in Greece by foreigners, especially houses, according to research published in a website focusing on property investment in Greece called “spitogatos.gr”. The rise in interest has been particularly evident in January and February by nationals from Arab states, China, Germany and Turkey. Although in many cases the interest is limited to prospective buyers surveying the market, it is indicative of a trend that confirms the views of real estate agents and market consultants of the positive impact of the implementation of the “Golden Visa” program that guarantees residence permits for property investments over 250,000 euros. The data by the website showed that customers on the lookout for property move to the next level and express interest in specific ads; that interest in buying Greek property from new countries is on the rise, which include countries such as China, Turkey, Germany and the Arab Emirates. There has been a 20% increase in visits from foreigners, but most significantly a 125% increase in requests to buy property from abroad.
Annual rise in visits (January-February 2017)

Countries
China: 203.6%
Turkey: 99.2%
Germany: 69.7%
United Arab Emirates: 50.6%
Annual rise in requests to buy property from abroad (January-February 2017)

Areas of Interest
Thessaloniki: 281.2%
Athens-Northern suburbs: 252.5%
Macedonia-Thrace: 163.8%
Athens-downtown 157.7.7%
Crete: 133.3%
Aegean islands: 70.9%
Chalkidiki 62.4%
Peloponnese 47.1%
Ionian islands 23.5%
Average total of Greece: 125.6%

You may be interested

“Constructive meeting” between Biden – Erdogan
DEFENCE
shares22 views
DEFENCE
shares22 views

“Constructive meeting” between Biden – Erdogan

Panos - Jun 15, 2021

On the sidelines of the NATO Summit in Brussels, US President Joe Biden had a 45-minute meeting with his Turkish…

Daily Telegraph: An Ode to Naxos, the largest island of the Cyclades (video)
GREECE
shares28 views
GREECE
shares28 views

Daily Telegraph: An Ode to Naxos, the largest island of the Cyclades (video)

Panos - Jun 15, 2021

The international Daily Telegraph places Naxos at the top of the list of British travelers. “The soon-to-be green-listed island that should be…

Thessaloniki: Shooting of the new Antonio Banderas “Barracuda” ready to begin
ART
shares31 views
ART
shares31 views

Thessaloniki: Shooting of the new Antonio Banderas “Barracuda” ready to begin

Panos - Jun 15, 2021

The shooting of the Hollywood production for the movie “Barracuda”, starring Antonio Banderas, will start in two weeks in Central…

Leave a Comment

Your email address will not be published.