Worldway Group has learned that on July 30, local time, the Greek Parliament passed a tax cut bill submitted by the New Democracy government, easing the burden on millions of Greek property owners. In addition, the bill allows companies and individuals with outstanding national debts to repay them in installments under favorable conditions, with up to 120 installments. The middle class, which accounts for the largest proportion of the Greek population, can gradually shed the heavy tax burden they have carried over the past five years in the near future.
Upon taking office, Greek Prime Minister Kyriakos Mitsotakis fulfilled his promise to voters to comprehensively cut the "Single Property Tax" (ENFIA). Kyriakos Mitsotakis also promised that within the next 6 weeks, approximately 4 million Greek citizens will see their property taxes reduced.
Worldway Group immigration experts state: The passage of the Greek tax cut bill is major positive news for investors who have obtained the Greek Golden Visa through property investment, as well as for those intending to immigrate to Greece through property purchase. It will benefit these property owners and simultaneously promote the healthy development of the local market, attracting more overseas investors to the Greek investment market.
Through the Greek property investment immigration program, you only need to invest in properties starting from 250,000 euros to quickly obtain permanent residency in Greece for three generations of your family, travel freely across 26 Schengen countries, and participate in the Greek property market to share in the dividends brought by Greece's economic recovery, achieving multiple goals such as asset allocation and status planning in one go.
According to data from the Bank of Greece, compared with the same period in 2018, housing prices in Greece rose by 4% overall in the first quarter of this year, significantly higher than the 2.6% increase in the fourth quarter of last year.
On the other hand, the booming tourism industry is also driving the local short-term rental market in Greece. It is reported that 2.157 million people stayed in Airbnb short-term rentals in Greece last year, accounting for 5.5% of the total share of tourist accommodation in Greece. In 2018, the occupancy rate of Airbnb rentals in Greece grew by 20%, and according to current development trends, the occupancy rate in 2019 will see another double-digit increase.
Multiple positive signals are conveying a message to the world—the Greek real estate market is developing in a positive direction, and now is the perfect time to enter the market. Interested investors should not miss this opportunity!
As a pioneer in the Greek property investment immigration program, Worldway Group uses its forward-looking vision to partner with powerful Greek developers to select high-quality property projects for investors, helping them seize the best investment opportunities in Greece!
Athens coastal luxury apartments, Mykonos garden houses, Tinos coastal garden houses, high-quality shops in downtown Athens... there are numerous properties for you to choose from. Taking the Athens coastal luxury apartments currently being sold by Worldway as an example, you only need to invest from 262,800 euros to purchase a modern-style apartment, which is a great choice for self-occupation or rental.
Introduction to the Athens Coastal Luxury Apartment Project
Layout: 1-bedroom/2-bedroom
Total area: 57-140㎡
Price: From 262,800 euros
This project is another collaboration between Worldway and a powerful Greek developer. Currently, a series of exquisite contemporary-style apartments are on sale, equipped with large balconies, modern design, and crafted with exquisite workmanship combined with high-quality materials. Amenities such as a rooftop open-air cinema, gym, and lounge area provide residents with a better living experience, making it an ideal choice for urban living.
Superior Geographical Location
The project has a superior geographical location, situated on the Athens Riviera, a popular area that is a new business center planned and continuously developing in Athens. The project is adjacent to the new headquarters of the Greek shipping tycoon's shipping group, surrounded by shipping companies, and the Stavros Niarchos Foundation Cultural Center, with an investment of 566 million euros, is also within easy reach, which will undoubtedly enhance the value of the area. The area where the Athens coastal luxury apartments are located allows residents to enjoy the freshness and beauty of the coast while also having convenient access to downtown Athens. With the rapid development of the area, the rental demand in the southern central business district is becoming increasingly strong.
Perfect Amenities for a Convenient Life
The project enjoys perfect amenities, close to many schools, luxury marinas, five-star hotels, healthcare facilities, and other complete supporting facilities, including hospitals, supermarkets, large hypermarkets and shopping centers, as well as restaurants, bakeries, cinemas, museums, pharmacies, banks, post offices, etc., committed to creating a convenient and high-quality living experience for residents.
Convenient Transportation, Easy Access to All Parts of Athens
The project location is connected to several main roads in Athens, making it easy to drive to all parts of Athens from here. There are bus stops, tram stations, and subway stations nearby. The tram station provides convenient access to downtown Athens, and the subway station can also reach all parts of Athens, making transportation very convenient.
Enjoy Exclusive Concierge Services
Project residents have access to the rooftop lounge area, gym, and open-air cinema. The rooftop leisure area of the project provides an environment for relaxation and communication, where you can share wonderful and leisurely times with family and friends. The decoration of the rooftop area is gorgeous and exquisite, providing a comfortable and warm space for residents' lives, whether for carefully prepared small gatherings or lazy afternoons on a whim. In addition, the project also provides exclusive all-around concierge services, allowing residents to experience a convenient urban life.
Modern and Avant-Garde Design
The project is beautifully designed, using high-quality materials, and carefully built. Each apartment has modern furniture and large balconies, with plenty of natural light. Walking into the apartment, you can enjoy the pleasant fashion and comfort of its interior.
There is no need to elaborate on how hot the Greek investment market is right now! Not missing out is the best investment! Just like Worldway's Athens coastal luxury apartments, the supply is limited, and only those who arrive early can get them! Property purchase hotline: 400-138-2929.
Worldway—Pioneer of Greek Property Investment Immigration
In 2013, we partnered with the Greek Embassy in China to hold the "Greek Property Investment Immigration" landing in China launch ceremony, introducing this project to China.
Worldway Group executives have met with dozens of dignitaries including the Greek Ambassador to China, Commercial Minister, Consul, and immigration officials.
We have excellent government relations to help you immigrate to Greece with ease.
