With its stunning landscapes, rich history, and the enticing offer of the Greece Golden Visa, there’s no wonder why property in this Mediterranean paradise is attracting global investors. Dive into this comprehensive guide to learn more about Greece Real Estate, focusing specifically on Athens Real Estate and Thessaloniki Real Estate, along with the steps involved to buy house in greece.
Why Invest in Greece Real Estate?
Investing in property for sale in greece offers numerous benefits:
- Attractive Greece Golden Visa Scheme: Secure residency by investing in Greek real estate.
- High ROI: Capitalize on the burgeoning tourism sector and robust rental yields.
- Tax Incentives: Leverage favorable tax conditions for property owners.
Read more about property to buy in greece here.
Top Locations for Real Estate Investments
Athens Real Estate
The capital city offers a vibrant mixture of ancient history and contemporary living. Key points include:
- Historical Significance: Proximity to ancient monuments and archaeological sites.
- Economic Hub: Center for business and commerce.
- Education and Culture: Home to numerous universities and cultural venues.
Thessaloniki Real Estate
Known as Greece’s second-largest city, it combines cultural richness with economic viability. Highlights are:
- Port City: Major economic trade point, boosting property values.
- Cultural Melting Pot: Blend of Ottoman, Jewish, and Modern Greek heritage.
- Seaside Attraction: Beautiful coastal properties available.
Steps to Buy a House in Greece
- Identify your preferred location: Athens, Thessaloniki, or other regions.
- Research and compile listings of property for sale in Athens or other areas.
- Engage a real estate agent specialized in Greece Real Estate.
- Visit properties and conduct evaluations.
- Complete necessary paperwork and legal formalities.
- Secure financing if required.
- Finalize purchase and obtain property title.
FAQs
What is the Greece Golden Visa?
The Greece Golden Visa program grants residency permits to non-EU investors who invest a minimum of €250,000 in Greek real estate.
Can foreigners buy property in Greece?
Yes, there are no restrictions for foreigners intending to buy property in Greece.
What are the associated costs?
Besides the property price, buyers should budget for legal fees, property taxes, and notary fees, typically around 7-10% of the property’s value.
Is Greece Real Estate a good investment?
Greece Real Estate offers high ROI potential, especially in tourism-centric locations like Athens and Thessaloniki, coupled with the added benefit of the Greece Golden Visa.
Dive into the Mediterranean allure and begin your journey to secure a dream property in this captivating country.