More and more people are choosing to immigrate to Europe, and the majority of these immigrants choose Greece. The main reason is that the threshold for Greek immigration is the lowest, requiring only the purchase of a property worth 250,000 EUR to immigrate. This not only allows one to obtain permanent residency in a Schengen country, but the purchased property can also generate stable and considerable returns. So, how does one select a cost-effective property when immigrating to Greece?
I. The geographical location of the property is key
When purchasing property in Greece, immigration applicants should clearly understand the specific geographical location of the property they intend to buy. At the same time, they should consider whether the surrounding transportation is convenient, and whether the infrastructure around the property is complete, such as hospitals, supermarkets, restaurants, etc. If the immigration is for the sake of children's education, one must also consider whether it is a school district property and how far it is from the nearest school. These are all issues that immigration applicants should focus on.
Of course, for immigration applicants, it is best to conduct on-site inspections of the properties, treat the process seriously, make detailed comparisons, and choose carefully. This avoids developers fabricating false property information in their desire to close a deal quickly.
II. Choose an experienced immigration agency when purchasing property
For Greek immigration applicants, it is equally necessary to choose the most reliable and professional immigration or real estate agency when purchasing property. The main reason for choosing an immigration agency is that if an applicant encounters thorny issues during the property purchase, such as developers raising prices or immigration documents being rejected, the immigration agency will have reliable lawyers to resolve the relevant issues that arise during the purchase process through effective legal means, thereby helping the immigrant's application process go more smoothly.
The vast majority of immigrants, due to language barriers, are prone to being deceived if they blindly sign property contracts without understanding the Greek language. Therefore, before signing a purchase contract, it is best to have a property lawyer accompany you to ensure you do not fall into a scam.
III. Clarify relevant services during the purchase process
Currently, the vast majority of overseas individuals choose to buy property in Greece mainly because they can obtain Greek status and enjoy various local social welfare benefits. At the same time, the steadily developing Greek economy has allowed many overseas investors to see the potential of the local real estate industry. Under the domestic policy of property purchase restrictions, more and more people are starting to invest in overseas real estate.
Regardless of the reason for purchasing Greek property, applicants should understand what services the developer provides after the purchase. For example, immigration applicants should be aware of relevant issues such as whether the purchased property includes a rental guarantee, what the rent is, and how long the lease term is.