Mykonos, Paros and Santorini Maintain Investment Dynamic

By admin 4 Μαρτίου 2022 No comment

Mykonos island, Greece. Photo source: Algean Properties – Ride the Wave Yields Report 2022 Eight Greek destinations, including the popular tourist islands of Mykonos, Paros and Santorini, are among 30 in the Mediterranean ensuring the highest returns and keeping their investment dynamic strong, according to a report released this week by Algean Property. According to […]

Greece Sees Impressive Rise in Foreign Direct Investments in 2021

By admin 25 Φεβρουαρίου 2022 No comment

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Photo source: Visit Greece / Y. Skoulas Greece is gaining ground as an attractive investor destination recording a 74.3 percent increase in foreign direct investments (FDI) in 2021 despite the insecurity and competition in the midst of Covid-19, the Bank of Greece said. More specifically, FDI net inflows last year came to over 5 billion […]

Greece Sees High Investment Interest Through Golden Visa Program

By admin 31 Ιανουαρίου 2022 No comment

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Photo source: @Athens Attica Greece’s golden visa program, which grants five-year residency rights to investors who purchase property valued at a minimum of 250,000 euros, is attracting more buyers due to political and economic instability in their countries, Greek newspaper Kathimerini reports. Residents of Turkey, Lebanon, India, Iran and Russia are

Greece’s Golden Visa Reviving Covid-hit Property Market

By admin 17 Νοεμβρίου 2021 No comment

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Greece’s investor visa scheme, which grants five-year residency rights to investors who purchase property valued at a minimum of 250,000 euros, is reviving the property market, which was impacted by the Covid-19 pandemic. According to the migration and asylum ministry, 747 new permits have been granted from the beginning of 2021 to October. So far in […]

Crete’s Gournes Project Attracts Four Bidders

By admin 18 Οκτωβρίου 2021 No comment

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Photo source: HRADF A tender for the exploitation of the former US military base of Gournes in Hersonissos, Crete has attracted four bidders, the Hellenic Republic Asset Development Fund (HRADF) announced on Friday. More specifically, Club Hotel Casino Loutraki (Comer Group, UK) – Lyktos Holding SA, Dimand SA (real estate development, Greece), Reds (real estate […]

EY: More Foreign Investors Betting on Greece

By admin 15 Ιουλίου 2021 No comment

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Source: EY Attractiveness Survey, Greece 2021 Greece is winning over more foreign investors climbing to 23rd spot in 2020 in Europe from 29th in 2019, according to the latest Ernst & Young (EY) report released this week. Based on the findings of EY’s Attractiveness Survey Greece 2021 presented this week by ΕΥ Greece CEO Panos Papazoglou during […]

EY: Greece Gaining Ground as Investment Destination

By admin 15 Δεκεμβρίου 2020 No comment

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Greece is gaining ground with investors looking for opportunities thanks in large part to its recovery program and despite the Covid-19 pandemic, according to the latest Ernst & Young (EY) report released on Monday. Based on findings of a follow-up to its Attractiveness Survey Europe 2020 report, 2 percent of investors polled place Greece among […]

Covid-19 Puts a Brake on Greece’s Golden Visa Scheme

By admin 17 Νοεμβρίου 2020 No comment

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Greece’s popular golden visa program, which has channelled more than 2 billion euros of foreign capital into the local property market since its launch in 2014, granting in the meantime, 6,304 residence permits to non-Greeks, has been impacted by the coronavirus pandemic. More specifically, according to the migration and asylum ministry, the number of visas […]

Greece Bets on Athenian Riviera to Stimulate Property Sales

By admin 12 Νοεμβρίου 2020 No comment

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Greece is looking to capitalize on the Athenian Riviera once major infrastructure projects are completed, including the construction of the multi-billion-euro Hellinikon project and the upgrade of local marinas. Lamda Development, the contractor behind Hellinikon is planning to construct 10,000 homes in the next 15 years aiming to attract foreign buyers seeking a home on

Greece’s Chinese Golden Visa Investors Protest

By admin 1 Σεπτεμβρίου 2020 No comment

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Chinese investors who purchased real estate in Greece under the ongoing Golden Visa program are expressing their discontent with Covid-19-related travel restrictions which do no allow them to visit their properties or to complete visa procedures. According to Greek media reports, the Sino-Hellenic Investors’ Confederation, which was launched earlier this year, said in a