Life in paradise. In Greece, another boom in the purchase of real estate

According to the data of the Bank of Greece, in the first six months of this year, foreign investment in the Greek real estate market increased by 61% compared to the same period last year, and amounted to about 788 million euros. Such a boom was associated with the news that from January 1, 2023, the price for obtaining a residence permit when investing in real estate will double - from 250 thousand euros to 500 thousand euros.

Besides:

the tax on the purchase of real estate has been reduced in the country (from 24% to 3.09% of the value of the object)
the stunning beauty of the three seas: Mediterranean, Aegean and Ionian

The whole family receives a residence permit at once
rich culture of the cradle of European civilization
quality medicine (Greece has the highest number of doctors per capita).

Have you decided to buy property in Greece for permanent residence, rent in order to obtain a stable passive income or to obtain a residence permit?

We have prepared for you a guide on the regions and prices of the Greek real estate market.