For global investors, Greece's residency-by-investment program, starting at 250,000 euros, is no longer a new topic. In recent years, investors have flocked to invest in Greek real estate, and today, the Greek economy is moving in a positive direction. However, as time passes, investors' enthusiasm for Greek property remains undiminished.
So, what exactly is the appeal that has locked the eyes of global investors onto Greek real estate?
1. Returns
Since the 2008 financial crisis, Greek property prices had cumulatively fallen by 42% by 2016. With the economic improvement in recent years, overall property prices in Greece have begun to rebound, which is an inevitable result of the comprehensive recovery of the Greek economy. It is foreseeable that as Greece emerges from the shadow of the economic crisis, property prices will continue to rise, and the opportunity for bottom-fishing investments will be fleeting.
2. Ease of Leasing
For those investing in Greek property for immigration purposes without relocating, the investment value is reflected in the ease of leasing. With the booming tourism industry in Greece, short-term vacation rentals are exceptionally popular.
3. Education
A large proportion of people who invest in Greek real estate and choose to immigrate to Greece do so for their children's education, allowing them to be exposed to European-style education from an early age for better future development.
4. Environment
A significant number of people invest in Greek real estate because of the country's environment and scenery; the blue skies, white clouds, Blue Flag beaches, and charming seascapes all attract people to visit.
With the Greek economy becoming more active, the business environment improving, and tourism flourishing, the related hotel and tourism industries are developing rapidly. Global investors are optimistic about the development of the hotel industry. In 2019, there are huge investment opportunities in Greek real estate, especially in tourism-related properties!
Recently, the Greek government announced a series of positive news, such as expanding the scope of the Greek "Golden Visa" and eliminating the need for scheduling appointments starting May 1, 2019. All these positive signs indicate that Greece, with its warming economy, is opening its arms to welcome global investors. It is clear that now is the right time to invest in Greece!
Worldway Group, a pioneer in Greek property-based immigration
Joins hands with a powerful Greek developer to launch commercial properties in downtown Athens with ultra-long lease terms
A tourism-hotel-office integrated space, a new choice for tapping into Greece
Downtown Athens commercial properties with ultra-long lease terms overlooking the Acropolis, in a prime 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, substantial annual rental returns
The project is located in the main urban area of Athens, adjacent to the beautiful coastal promenade and the former royal district. It is a 2-minute walk to the subway station, providing seamless connection to the city's transportation hub, allowing convenient access to all parts of Athens without the hassle 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 clients and partners, and bringing constant foot traffic to the shops. It also provides easy access to law firms, tax consultants, and government departments, seamlessly connecting with Athens' high-net-worth individuals.
Core location, consumption center, perfect combination of hotels, shops, and co-working spaces, born to meet market demand, achieving diversification of space functions, humanization, and maximization of economic benefits.
Above the shops is a high-end hotel with complete facilities. The ground floor shops will feature a hotel lobby, high-end restaurants, cafes, etc., to meet the diverse living needs of high-net-worth individuals. The first floor is equipped with a co-working area, integrating living and working, encompassing a three-dimensional space for living, working, leisure, and entertainment, creating a highly efficient and vibrant community.
A new choice for tapping into Greece—commercial properties in downtown Athens with ultra-long lease terms. 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! Consultation hotline: 400-138-2929.
