When discussing investment in Europe, the topic of overseas property purchases is unavoidable! Following its selection as one of the “Top Ten Immigration Events of 2018”, exciting news has emerged regarding Greece's real estate investment immigration program! The International Monetary Fund has recently upgraded its economic forecast for Greece, further confirming the positive outlook for the Greek economy!
Recently, the International Monetary Fund (IMF) released the "World Economic Outlook for Europe", making positive predictions about the Greek economy: in 2019, Greece's economy will grow by 2.4%; by 2020, it will grow an additional 2.2% on this basis.
At the same time, the "Autumn Report of the European Commission" previously published by the EU also holds a favorable view of the Greek economy, predicting that Greece's GDP will rise by 2% over the next three years.
Currently, Greece has exited the international aid program, and the national economy is recovering. The government is eliminating the fiscal deficit, expanding healthcare coverage, rebuilding national benefits, and reforming the social security system. Official organizations such as the EU also have a very positive outlook on the Greek economy!
On August 20, 2018, the European Stability Mechanism (ESM) released a statement stating that Greece has officially exited the 8-year international bailout program! A spokesperson for the Greek government stated that Greece's ability to exit the bailout program indicates that it is now on a path to prosperity on its own, marking the dawn of a new era for the Greek economy!
As the daily positive trends in the Greek economy continue to unfold, a large number of international investors are flocking to Greece, gradually increasing the difficulty of purchasing properties starting at €250,000. As investors, while capitalizing on opportunities, we must clearly recognize that the window of investment opportunity is continually closing.
In the first two quarters of 2018, overall property prices in Greece began to rebound, which is one of the inevitable outcomes of the comprehensive recovery of the Greek economy. It is foreseeable that following Greece's exit from the economic crisis, the increase in local property prices will continue, and the opportunity for bargain investments will soon vanish!
The Greek real estate investment immigration program is one of the main ways for investors to participate in the Greek investment market. By purchasing properties starting at €250,000, investors can not only obtain permanent residency for three generations in Greece but also freely travel to 26 European countries. Moreover, they enjoy benefits from Greek education, healthcare, and other social welfare programs, along with acquiring permanent property ownership in Greece, thus benefitting from the real estate appreciation following Greece’s economic recovery, which is truly a win-win situation.
The pioneer of the Greek property investment immigration program, WorldWay Investment Group, early collaborated with the Greek Embassy in China in 2013 to introduce “Greek Property Investment Immigration” to China, and has maintained good relations with the Greek government over the years. In the field of Greek property investment immigration, the WorldWay Investment Group consistently prioritizes the interests of investors and, with a forward-looking vision, collaborates with reputable Greek property developers to recommend high-quality Greek real estate projects to investors!
WorldWay Investment Group partners again with reputable Greek developers
Launching a premium retail and apartment project in Athens
Project Overview
Project Type: Apartment
Usable Area: Retail: 33.24㎡-44.09㎡; Apartments: 30.61㎡-109.65㎡
Price: Retail from €118,000; Apartments from €125,000
Project Highlights: Enjoy beautiful natural scenery and the elegance of Western civilization; offers a three-year rent guarantee with a 4% annual rental yield.
This project is a seven-story boutique building, part of a renovation project for an old building. After renovation, it will serve as tourist short-term rental apartments, comprising a total of 12 boutique apartments, 3 retail units, and 6 storage rooms.
Project Location
Located in the northern part of Athens, in the Sofia District, near Ares Park, the area boasts an excellent location with bustling streets within the residential neighborhood, featuring renowned tourist attractions such as the National Archaeological Museum, Athens University of Economics and Business, and the Omonia Historical Square, alongside a rich cultural and historical heritage, ensuring a comfortable living experience.
Project Effects Rendering
Project Complete Building Series Review
For more real estate details, please consult: 400-138-2929
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