Investments in Greeceesario2020-05-19T14:30:36+00:00
Reasons you should invest in Greek properties
The survey is made by Trading Economics based on European Commission data. The questionnaire focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The rise of the indicator point to an upswing in activity and an improvement in the business climate. Despite the financial crisis, Greece is very tempting for property investors. This country offers a very enriching experience for those who love the rich history, architecture, culture and tradition, the wonderful climate, the beauty of the nature, the warm and welcoming people, the delicious and healthy food. Greece and all the Greek islands provide a coastline twice as long as Italy’s and five times longer than Spain’s. And yet, the cost of living in Greece is among the lowest in Europe. It’s about 20% lower than the UK. No wonder it’s a great destination for expats and tourists alike.
Benefits of the European Union
Greece is a member of the European Union and the European Monetary Union, which makes purchasing procedures much simpler and safer. Local regulations resonate familiar to EU citizens and also protect non-European investors as they are regulated by the same European Directives that guarantee the standard. If you are building, restoring or buying property in Greece as an investment, then you should consider that here is capital growth today and that there will also be in the future. Furthermore, Greece is characterized by low transaction costs.
An opportunity now
According to data from the Bank of Greece the Housing Index in Greece increased to 65.60 points in the fourth quarter of 2019 from 59.00 points in the second quarter of 2017. The Greek residential investment market is expected to continue growing and to improve in quality. The demand for holiday homes is on rise. Foreign buyers are searching for 3-4 bedroom villas with amazing sea views on the islands of Paros and Antiparos. Naoussa, Chryssi Akti and Santa Maria are the top locations in Paros. Here, investors came from Central Europe, Scandinavia and the USA.
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We can help you to make a good investment in Greece