Citing foreign media reports, Worldway Group notes that according to data from the Bank of Greece, the Greek real estate market showed a strong recovery momentum in the last quarter of 2018. This indicates that Greece's economic recovery and the sustained high interest from foreign investors have become factors further driving up real estate prices.
Data from the Bank of Greece shows that housing prices in the fourth quarter of 2018 rose by 2.5% compared to the same period in 2017. The increase in housing prices in the Athens region was particularly significant, rising by 4.2% year-on-year. This is mainly due to the growing popularity of short-term vacation rentals driven by the booming tourism industry; at the same time, the "Golden Visa" program, which allows the whole family of three generations to quickly obtain a Greek golden residence permit by purchasing property starting from 250,000 euros, is also favored by many investors.
An economist at the National Bank of Greece stated: "After Athens housing prices showed a 4.2% year-on-year increase, the new data is a further confirmation of market prices. This is the result of rising demand and a decrease in the stock of residential properties available for sale." The economist expects that the actual disposable income of Greek households will grow by about 2% this year, coupled with improvements in market economic sentiment and signs of a rebound in mortgage demand, Greek housing prices will continue to rise in 2019.
Do not wait to invest in Greek property! Through the Greek "Golden Visa" program, by purchasing Greek property starting from 250,000 euros, you can, on one hand, leverage the appreciation of the property to mitigate asset losses caused by factors such as RMB exchange rate fluctuations and inflation, thereby achieving asset preservation; on the other hand, you can create a good cash flow through rental income to increase investment returns; at the same time, your whole family of three generations can quickly obtain a Greek golden residence permit, travel freely in Europe, and enjoy social welfare benefits such as education and medical care in European countries.
Pioneer of Greek Property Immigration: Worldway Group
Joining hands with powerful Greek developers to launch commercial properties with ultra-long leases in downtown Athens
A new choice for mining gold in Greece: A space integrating tourism, hotels, and offices
Commercial properties with ultra-long leases in downtown Athens overlook the Acropolis of Athens, with a superior location
A perfect combination of hotels, commercial shops, and co-working spaces
Rich operational experience, unified management, a worry-free and convenient new investment choice
12-year lease with no vacancy period, with considerable annual rental returns
The project is located in the main urban area of Athens, adjacent to the beautiful coastal promenade and the former royal area. It is a 2-minute walk to the subway station, seamlessly connecting to the city's transportation hub, allowing convenient access to all parts of Athens without the trouble of parking.
The subway reaches the city center in less than 10 minutes and arrives at Alimos in about 10 minutes, bringing great convenience to customers and partners, and bringing constant foot traffic to the shops. It is also convenient to reach law firms, tax consultants, and government departments, seamlessly connecting with Athens' high-net-worth individuals.
Core location, consumption center, perfect combination of hotels, commercial shops, and co-working spaces, born to meet market demand, achieving diversification and humanization of space functions, and maximization of economic benefits.
Above the commercial shops are high-end hotels with complete facilities. The ground floor shops will feature hotel lobbies, high-end restaurants, cafes, etc., to meet the diversified living needs of high-net-worth individuals. The first floor is equipped with a co-working area, integrating living and working, encompassing three-dimensional spaces for living, working, leisure, and entertainment, creating a highly efficient and vibrant community.
A new choice for mining gold in Greece—commercial shops in downtown Athens with ultra-long leases. Buying property to quickly obtain a Greek Golden Visa will set off a new wave of investment in Greece. Properties are limited, first come, first served!
Recently, the Greek government has announced a series of positive news, such as expanding the scope of issuance of the Greek "Golden Visa"; no waiting period starting from May 1, 2019, etc. All these positive signs indicate that Greece, in the midst of an economic warming, is opening its arms to welcome global investors. It can be seen that now is the right time to invest in Greece! If you are also interested in learning about Greek investment immigration, please feel free to contact Worldway Group. Worldway Group has good government relations, high-quality real estate projects, customized immigration plans, and perfect and thoughtful services, making your overseas investment easier. Consultation hotline: 400-138-2929.
