Oriental villas: 3 million investors looking for real estate in Greece - Why do foreigners prefer it?

Protection of their capital against inflation, a satisfactory return on the exploitation of the invested property, a combination of income from exploitation and personal use ('sine qua non') and every year a growing income from the ownership of the investment property.

The attractiveness of the Greek market for investors

"There is a lot of value hidden in Greek country houses, as compared to other markets, a person can buy a house close to the sea or overlooking it, with a swimming pool and all amenities, spending a relatively small amount of money," says George Gavriilidis. He also''adds that according to estimates based on research, there are currently approximately 3 million citizens from Western Europe who are planning to invest an amount of around 300,000 - 350,000 euros for use and own use. Therefore, the Greek market is becoming particularly "hot" among foreign buyers, which is also reflected in the preferences of tourists, which certainly contributes to the countryside real estate market. The combination of advantages offered makes it increasingly attractive to investors.

The changing real estate market

"The market has also clearly changed in recent years from a buyers' market to a sellers' market, especially for new apartments. Whereas 10 years ago we saw buyers picking out properties, now for''Some projects we have a waiting list of interested parties who are waiting for the announcement of the next project,' concludes Georgios Gavriilidis.