2023

Athens Real Estate Market Surges, Outpacing European Cities in Home Prices – Bloomberg Reports

Recent reports from Bloomberg reveal a remarkable surge in Athens' real estate market, establishing the Greek capital as one of Europe's fastest-growing housing markets. Home prices in Athens soared by 12.2 percent in October, significantly surpassing increases seen in other major European cities, such as Stockholm, while standing resilient against declines witnessed in cities like Paris. This...

Greece Officially Increases Its Golden Visa Investment Requirement to 500,000 Euros Minimum

Greece this week officially increased its golden visa program minimum investment requirement. The golden visa limit has been doubled from 250,000 euros to 500,000 euros, allowing third country nationals to obtain five-year residency rights by purchasing property in specific areas of Greece. Effective August 1, the new rules state that individuals or legal entities must invest a minimum of 500,000 euros...

Athens Airport’s Passenger Traffic Reaches 15.37 Million in the First Seven Months of 2023

In a promising sign of recovery for the aviation industry, Athens International Airport (AIA) has witnessed a remarkable surge in passenger traffic. In July, the airport recorded a significant 16.1 percent increase in passenger numbers compared to the same month in 2022, with a total of 3.29 million people passing through its gates. What's even more encouraging is that the figures also surpassed pre-Covid...

Greek Passport Ranked 7th Most Powerful in the World – Q3 2023

The Greek passport has maintained its strong position in the global rankings, securing the 7th spot on the Henley Passport Index. Greek passport holders enjoy visa-free access to 185 countries, solidifying its status as one of the most powerful passports in the world. On the other hand, the Cyprus passport has dropped one spot from last year's ranking and now stands at 12th place on the Henley Passport...

How to Get Greek Golden Visa Through Real Estate Investment

The Greek Golden Visa Program offers property investors the opportunity to obtain a five-year residence permit. Currently, the minimum investment requirement is €250,000, but it will increase in 2023 to €500,000 in certain parts of the country, including Athens, the capital. Investment Options for Greek Golden Visa Investors participating in the program have the option to invest in residential or...

5 Reasons to Invest in Real Estate in Greece

Investing in real estate in Greece presents a multitude of advantages and opportunities. Here are five compelling reasons to consider investing in Greek real estate: Affordable Property Prices: Following the economic crisis in Greece, property prices have significantly declined, making it an opportune time to invest. Compared to other European countries, Greece offers relatively affordable real estate...

Truth About Real Estate Investment in Greece

Real estate investment in Greece has gained significant attention in recent years, as the country offers a range of opportunities for investors seeking attractive returns and potential capital appreciation. With its stunning landscapes, rich history, and favorable investment climate, Greece has become an appealing destination for those looking to diversify their real estate portfolios. One of the main...

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