According to a study by the Bank of Greece, residential real estate prices in Greece are rebounding rapidly. The acquisition of properties by investment institutions and individual investors, coupled with the subsequent economic recovery, has led to a positive outlook for the real estate market.
Based on data collected by credit institutions for the first quarter of 2019, nominal prices for residential apartments in Greece rose by an average of 9.1% compared to the same period in 2018. Revised figures show that the year-on-year growth rates for the first and second quarters of 2019, compared to 2018, were 5.3% and 7.7%, respectively.
Compared to last year, property price growth in Athens this year has been far higher than in other regions, with prices in the high-demand city center of Athens rising by as much as 30%.
Industry insiders state that property prices in Athens are showing a clear upward trend and are expected to continue rising at the same rate next year, averaging around 10%. Over the next 12 months, as the Greek economy continues to improve, prices for apartment-style properties are also likely to rise accordingly.
In recent years, with the recovery of the Greek economy and the support of the "Golden Visa," the rebound in Greek property prices has become evident, presenting new opportunities for investors.
For those interested in investment immigration to Greece, the Greek property investment immigration program is currently a highly cost-effective option, whether considering it for personal residence, retirement, or other purposes. Currently, by investing in properties starting from 250,000 euros, one can not only apply for permanent residence visas for three generations of the family, allowing travel across 26 Schengen countries, but also enjoy social benefits such as Greek education and healthcare, while also acquiring permanent property rights in Greece—truly a multi-faceted benefit.
As one of the earliest immigration agencies to promote the Greek property investment immigration program in China, Worldway Group, in collaboration with powerful Greek developers, introduces another major property project to investors: high-rise residential apartments in the center of Athens, with an average price of less than 3,000 euros per square meter!
Overview of the High-Rise Residential Project in Athens City Center
Type: Apartment
Layout: 1 Bedroom, 1 Bathroom
Price: Starting from 150,000 euros
Project Highlights: Sold with existing lease, average price under 3,000 euros per square meter; excellent location, within walking distance to the subway station, with complete surrounding living facilities; the project is one of the few high-rise buildings in the center of Athens; complies with the Greek property investment immigration law, allowing the whole family of three generations to apply for Greek permanent residency.
The project is 10 stories high and is a rare high-rise residential building in the center of Athens. Each unit is equipped with a private terrace for residents to enjoy the charming scenery of Athens. The project is equipped with 52 parking spaces, and the entrance features security personnel and 24-hour front desk service, making it an ideal living choice that blends ancient civilization with the rhythm of a modern city.
The project has a superior geographical location and developed transportation
The project is located in a prime area in the center of Athens, equipped with a perfect transportation network. Residents can use various means of transport, such as public buses, subways, and coaches, to easily travel to and from all parts of the city. The project is surrounded by complete supporting facilities, including shopping, education, leisure and entertainment, restaurants, hospitals, banks, and other daily necessities.
Actual photos of the project show unit (the following pictures are for reference only, subject to actual delivery)
Worldway is one of the earliest immigration agencies to promote the Greek property investment immigration program in China
In 2013, it partnered with the Greek Embassy in China to hold the launch ceremony for "Greek Property Investment Immigration" in China, introducing this project to the country;
Worldway Group executives have met with dozens of dignitaries, including the Greek Ambassador to China, Commercial Ministers, Consuls, and immigration officials.
For more details on Greek property investment immigration, please consult: 400-138-2929.
Property pictures are for reference only, subject to actual delivery.