The Greek real estate market continues to improve! Worldway Group has learned from Greek media reports that, driven by the sustained interest of international investors in Greek real estate, the amount of overseas funds flowing into Greece for property purchases in January this year surged by 157.7% year-on-year.
In recent years, both the Greek economy and the real estate market have been heating up. In January 2018, overseas funds used for purchasing real estate in Greece had already surged by 205.5% year-on-year, and this January also recorded a year-on-year growth of 157.7%. It is evident that the main theme of the Greek real estate market remains growth.
In addition, it is reported that the total funds flowing into the Greek real estate market from abroad in 2018 increased by 172% compared to 2017, reaching a total of 1.3 billion euros.
Foreign investors believe that after years of debt crisis and market downturn, Greece, which successfully exited its bailout program in 2018, will see a stronger and more stable economy in the future.
Real estate professionals state that in addition to the increasingly stable development of the Greek economy and the country's exit from the bailout program, the main driver of growth in the country's real estate market is that investors are attracted by the considerable returns from short-term rental investments. At the same time, the policy of obtaining a Greek 'Golden Visa' for three generations of a family by purchasing property with a minimum value of 250,000 euros remains extremely attractive to investors.
Data shows that among the approximately 70,000 homes and apartments rented through online platforms in Greece, a significant portion belongs to foreign owners. Among them, the majority are Chinese owners.
It is worth mentioning that according to data previously released by the Greek Ministry of Migration Policy, since the launch of the Greek 'Golden Visa' policy in 2013, 4,154 'Golden Visas' have been issued to foreign investors, with 1,399 issued in 2018, an increase of 46% year-on-year.
Among all investors who have obtained a 'Golden Visa', Chinese investors have firmly occupied a dominant position, and their market share continues to rise. Since the implementation of the Greek 'Golden Visa' policy, Greek authorities have issued 2,416 'Golden Visas' to Chinese investors, accounting for 58% of the total issued. From January 2018 to date, 1,300 Chinese buyers have obtained a 'Golden Visa', with the proportion rising to 78%.
Furthermore, the Greek government has recently announced a series of positive news, such as expanding the scope of the Greek 'Golden Visa' and canceling the waiting period starting from May 1, 2019. All these positive signs indicate that Greece, with its warming economy, is opening its arms to welcome global investors.
Visionary investors are already laying out their investments in Greece; what are you waiting for?
Through the Greek property investment immigration program, you only need to purchase property starting from 250,000 euros. Not only can you acquire property with permanent ownership in Greece and participate in the Greek investment market, but you can also quickly obtain a Greek 'Golden Visa' for three generations of your family and travel freely across Europe.
Greek Property Investment Immigration Pioneer Worldway Group
Joins hands with powerful Greek developers to launch a commercial property project in downtown Athens with an ultra-long lease term
12-year guaranteed rental, ultra-long lease term, considerable rental income
Purchase property to quickly obtain a Greek Golden Visa for three generations of the family
Double harvest of status + investment returns
Superior location, convenient transportation, seamless connection to urban transport hubs
The project is located in the main urban area, adjacent to the beautiful coastal promenade and the noble former royal district. Overlooking the Acropolis of Athens, it is a 2-minute walk to the subway station, seamlessly connecting to urban transport hubs and providing convenient access to all parts of Athens.
Less than 10 minutes by subway directly to the city center, about 10 minutes to Alimos
Brings great convenience to clients and partners, and brings constant foot traffic to the shops
Convenient access to law firms, tax consultants, and government departments
Seamless connection with Athens' high-net-worth individuals
Born out of market demand, a perfect combination of hotels, shops, and shared office spaces
Above the shops are high-end hotels with complete facilities, making them an excellent choice for investment. The ground floor shops will feature hotel lobbies, high-end restaurants, cafes, etc., to meet the diverse lifestyle needs of high-net-worth individuals. The first floor is equipped with shared office areas, integrating life and work, encompassing three-dimensional spaces for living, working, leisure, and entertainment, creating a highly efficient and vibrant community.
In addition, the shops are located in a core area with convenient transportation, a superior location, and a rich commercial atmosphere. Its business model of integrated tourism hotels, shops, and office spaces has been successfully verified all over the world. The service and management model of star-rated hotels, the flexible and convenient experience of shared offices, and rich operational experience will attract a large number of consumers to the shops.
For shops in downtown Athens with ultra-long lease terms, purchasing property can quickly obtain a Greek Golden Visa. Properties are limited, first come, first served! Choose Worldway for Greek Property Investment Immigration, making your immigration journey easier! In addition to the shops in downtown Athens with ultra-long lease terms, Worldway currently has many other high-quality properties for you to choose from! Property purchase hotline: 400-138-2929.
