Assets: the millionaire invasion of Greece - how many are coming, what they're looking for.

Real Estate: Millionaires' Raid to Greece - How many are coming, what they are looking for

Foreign investors are looking for all kinds of real estate opportunities in our country. Powerful investment interest from abroad is showing up in the Greek real estate market, driving up prices. Market participants report that international interest is focused on the real estate market with investors looking for opportunities for various types of real estate - from residential properties, offices, warehouses to plots intended for commercial use and redevelopment for commercial and entertainment purposes.Looking...

real estate

It is not only ordinary private investors from abroad who are looking for real estate in Greece. The world's leading''Travel companies are coming to Greece or strengthening their presence by investing in real estate or taking over the management of hotel complexes.

At the same time, Greece's Golden Visa program is strengthening its popularity.

Interested investors wishing to purchase a property with a standing limit of 250,000 euros in areas where the doubling will apply must conclude a preliminary purchase contract by July 31, following a recent extension. The deal must then be completed by the end of 2023.

According to Henley & Partners, 1,000 millionaires from abroad settled in Greece last year and 1,200 will choose to settle permanently this year, as there is a mass exodus of individuals with significant incomes. According to the data,''Greece.

The Portuguese Golden Visa program is coming to an end

Greece has announced a doubling of the minimum required real estate investment (up to $500,000) in areas such as Athens, Soluna, Mykonos and Santorini, and there are rumors that Spain will also change the terms of its program. According to the data, Greece has 58,800 millionaires, 95 people with fortunes of more than $100 million and 4 billionaires.