Why invest in Greece?
Competitive real estate prices
The cost of real estate in European countries depends on many factors: region, infrastructure, climate, business opportunities, development prospects, level of comfort and security. Compared with some other popular regions in Europe, Greek real estate offers very competitive prices. Purchasing real estate in Greece can be much more affordable, especially when compared to Western European countries.
Low threshold in the Golden Visa program
Greece offers the Golden Visa program, which provides the opportunity to obtain a residence permit in the country when investing in Greek real estate. One of the main advantages of this program is the low investment threshold required to become a resident - 250,000 euros. For some regions, such as Vari-Voula-Vouliagmeni, Attica; the southern, northern and central sectors of Athens; Thessaloniki, Central Macedonia and the islands of Santorini and Mykonos, the investment threshold will be increased to 500,000 euros from 1.08.2023.
Becoming a resident of Greece through the Golden Visa program offers a number of advantages. As a resident, you will be able to freely reside, study in Greece and travel within the Schengen area without having to obtain additional visas. In addition, Greece offers a high quality of life, a pleasant climate and cultural heritage.
Fast profits - profitable investment opportunities
Greece is one of the most popular tourist countries in the world. Its beautiful beaches, rich cultural heritage and many places of interest attract millions of tourists every year. The growing tourism sector creates lucrative opportunities for investment in hotel properties, rental apartments and villas for short-term rentals. This allows investors to quickly get a return on their investment. In addition, the increase in property values over time plays an important role. With the rise of tourism and the improvement of the economic situation in Greece, the value of real estate in some regions of the country can increase significantly. Investing in promising regions and properties with growth potential can bring investors significant returns in the future.
Climate, Geography, Cuisine
Hot summer, warm spring and autumn, mild winter, 3 harvests and fruit abundance all year round plus beautiful sandy beaches, campsites, bays ideal for water sports, the warm waters of 8 seas that lap the mainland and the islands of Greece, the clearest lakes, unique thermal springs, the lack of violent storms due to the convenient geographical location can only complement, as the icing on the cake, delicious Greek cuisine with rich history and traditions.
Low cost of living
Mild climate requires no additional investment in clothes for the cold season, in-house production makes knitwear, leather, footwear and jewelry, wine, farm organic products available. Low cost of travel and utilities, affordable medicine and education, a wide range of food places, where they cook with freshly caught seafood, fruits and vegetables grown in Greece, street baking, cafes with fragrant coffee - everything is available for a comfortable life in the country.
The adoption of new laws, the support of small and medium business at the state level, tax incentives
For many years the Greek government has been adopting laws to support and develop business. Tax incentives and various state programs allow investor-businessmen to create new jobs, to sell new goods and services, to contribute to the economic, cultural and social development of the country.
Emerging Economy and Growing Tourism Industries
Tourism is one of the leading sectors of the Greek economy. Millions of tourists from all over the world discover the country every year and even for those who have visited the country more than once, Greece remains a desirable and mysterious destination. The importing of own products, which have no analogues in the world, such as wine, honey, cheeses, olives, etc., allows Greece to maintain its position in the world market. International and national investment projects in real estate, alternative energy, eco-production and cultural events attract investors from all over the world to create collaborations on various levels in the economically developing country of Europe.