As a world-renowned destination for tourism, vacations, and honeymoons, Greece's long history and unique Mediterranean natural scenery have always captivated tourists from around the globe and won the hearts of many immigrants. With Greece's economy strongly recovering, the tourism industry rebounding, and the national bank's credit rating being raised again, more and more investors are turning their attention to the Greek market. Visionary investors have already taken the lead in seizing opportunities in the Greek real estate market! Currently, Greece is filled with positive news, providing investors with an excellent entry point for investment!
1
The Euro exchange rate has hit a new low, making home purchases visibly "cheaper".
Recently, the Euro to Chinese Yuan exchange rate fell below 7, marking a historic low for the first time in 7 years. From July 2021 to July 2022, the Chinese Yuan appreciated over 20% against the Euro in just one year! This is undoubtedly significant news for many Chinese investors interested in purchasing property in Europe! It means that the same amount of Chinese Yuan can now be exchanged for more Euros, making it more cost-effective to acquire Euro-denominated assets. A property priced at 250,000 Euros can now be purchased for over 200,000 Yuan less, which can be described as a visibly "cheaper" option!
2
Greece's economy is strongly recovering, and its international credibility is improving.
According to the European Commission's forecast report, Greece's economic growth is expected to be 4.9% in 2022 and 3.5% in 2023. The recovery momentum of the Greek economy is strong, and it has received positive outlooks from several international rating agencies! The internationally renowned rating agency DBRS recently announced that it has upgraded Greece's sovereign credit rating from "BB" to "BB+", moving its status to "investment grade". DBRS stated that Greece is committed to fiscal consolidation and cash management strategies, maintaining high liquid cash reserves.
3
Strong demand for tourism.
Now is the perfect time to invest in Greek tourism real estate.
Data shows that tourism in Greece is accelerating its recovery! The Greek Minister of Tourism recently mentioned in an interview that the passenger volume at Greek airports from January to April 2022 reached 8.1 million, nearly four times that of the same period last year. Additionally, according to data analysis platform AirDNA, the booking volume for short-term rentals in Greece from early June to the end of September this year has exploded, with a 232% increase compared to the same period last year.
Vassiliou, an executive at Eurobank Greece, also stated that 2022 will be an "explosive year" for Greece's tourism industry, the largest in the past 20 years. According to statistics from the Greek Tourism Board, 2019 was a record year for Greece's tourism industry, with 33 million inbound tourists and tourism revenue reaching 18 billion Euros. The Greek Tourism Federation predicts that travel revenue in Greece for 2022 is expected to exceed that of 2019, with a further 10% increase!
As a country with a developed tourism industry, Greece attracts many well-known individuals. Recently, Elon Musk, the founder of Tesla and the world's richest person, visited the famous wealthy island of Mykonos in Greece to start his vacation. Not long ago, Bill Gates planned to bid 26 million Euros to purchase an island in Greece. Currently, more and more high-net-worth individuals are willing to invest in property in Greece. Not only does Warren Buffett see the investment prospects in Greece, but many well-known companies such as Fosun Group, Amazon, Microsoft, Xiaomi, Alibaba, and COSCO Shipping have already established a presence in Greece!
With Greece gradually easing its pandemic restrictions, the tourism industry is rebounding strongly, and hotel occupancy rates are soaring. It can be said that investing in Greek tourism real estate is perfectly timed!
Major Good News! Major Good News!
Recently, during the "WorldWay Immigration Client Appreciation Month"
Many WorldWay Immigration clients are celebrating their approvals
WorldWay Immigration once again collaborates with a strong Greek developer
To grandly introduce another significant Greek property investment immigration project
"Athens Hotel-style Seaside Apartments" is making a stunning debut
Providing investors with multiple winning options for overseas property purchases, identity planning, and stable asset growth
"Athens Hotel-style Seaside Apartments"
[Project Introduction]
The project is located in the affluent district of Moschato in southern Athens, situated between the largest port of Athens, Piraeus, and the famous yacht marina, Marina Bay, just a stone's throw from the Aegean Sea coastline. The hotel’s fourth-floor balcony and rooftop terrace offer stunning sea views, with a pleasant and comfortable living environment. Nearby is the new landmark cultural center of Athens, SNFCC, which integrates a library, opera house, stadium, and rooftop garden, along with various shipping vessels, construction, pharmaceutical, and software companies, as well as offices of world-renowned enterprises. At the same time, the project occupies strategic locations near yacht marinas, bays, and airports, sharing important resources such as population, industry, and capital, with great development potential.
The Athens Hotel-style Seaside Apartments building is 7 stories high, with the ground floor serving as the hotel reception and lobby, and floors 1-6 designated as hotel rooms. After a renovation period not exceeding 6 months, the project will meet the standards and conditions for immediate occupancy and will collaborate with the AIRBNB platform for short-term rentals under hotel apartment standards, helping investors manage easily. The project complies with the application regulations of the Greek Golden Residence Permit program, starting with an investment of 250,000 Euros to purchase 3 independently owned hotel-style apartments, allowing the entire family to immigrate to Greece and obtain permanent residency status in one step!
(Property project images are for reference only, subject to actual delivery)
Currently, investors through the Greek Permanent Residence Program can not only travel freely across 26 Schengen countries but also enjoy social welfare benefits such as education and healthcare in Greece. Additionally, they can acquire properties with permanent ownership in Greece, establishing a second home abroad, which is truly a multi-faceted gain. Meanwhile, by immigrating to Greece, children can participate in the Overseas Chinese Student Examination with their Overseas Chinese Student status, easily gaining admission to top universities such as 985 and 211, enjoying education in mainland universities! With an overseas identity, children can easily enroll in prestigious schools, providing them with a superior educational environment and more quality choices when facing university decisions.
At the same time, WorldWay Immigration also collaborates with strong Greek developers to recommend various high-quality properties to investors, such as garden villas on Mykonos Island and seaside apartments in Athens, to meet the diverse needs of different investors. Choosing is more important than effort; a single investment can yield multiple rewards. Now is the promotional period for Greek property investment immigration, a rare opportunity. Purchasing a property can come with great bonuses, and interested parties must seize the moment!
WorldWay Immigration, your trusted choice for immigrating to Greece
◆ WorldWay Immigration is one of the earliest immigration agencies in China to promote the Greek property investment immigration program
◆ In 2013, we collaborated with the Greek Embassy in China to hold the launch ceremony for "Greek Property Immigration" in China, introducing this project to the country;
◆ Senior executives of WorldWay Immigration have met with dozens of dignitaries, including the Greek Ambassador to China, Commercial Minister, Consul, and immigration officials.
For more details, please send us a private message in the comments section or call the WorldWay Immigration service hotline: Mainland China: 400-138-2929, Hong Kong: (852) 2802 8798
*Investment involves risks; the above information is for reference only. Property images are for reference only, subject to actual delivery.*