Athens
Known for its thriving arts scene, buzzing nightlife and ancient ruins, the capital city is an exciting and appealing place to live and work. It is a vibrant hub with a cosmopolitan community. A buzz of tourism comes through year-round, with an increasing community of nomads choosing to live and work in the city. The availability of centrally located property at competitive European rental adds to the appeal.
Thessaloniki
Thessaloniki is a wonderful place to live and work, with a high quality of life and relatively low cost of living. Some of the finest beaches in Greece are on the Halkidiki peninsula, which is just a short bus ride from Thessaloniki. The well-regarded University of Thessaloniki makes this area a popular destination for academics and brings a wonderful vibrancy to the city.
Benefits of investing in Greece
A straightforward buying process
No restrictions on foreign investment
A Golden Visa with purchases exceeding €250,000
High demand for rental accommodation in prime cities year round
Good rental returns in Euros.
Growing property market.
Long-term factors to consider
- The lack of available loans on property purchases provides a barrier to entry. If this changes, as it has done in other European countries, we can expect a sharp increase in property value.
- Efficient systems in place for property management, stabilising asset maintenance post investment.
- Greece offers great rental yields in prime cities and locations.
- Greece is a multinational country with a strong cultural backing.
All considered, it's easy to see why Greece is a hotspot for investment and why it might see a positive growth phase in years to come.
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