Real Estate: Unabated Chinese interest

• 21 November, 24

Chinese investor interest in Greece’s real estate market remains strong, even as demand for Golden Visa properties may decline due to higher investment thresholds. The recent increase in the minimum investment amount to €800,000 for certain areas is reshaping the investor profile, favoring individuals and companies with greater financial resources over smaller investors.

Stavros Monemvasiotis, president of the Greek-Chinese Business Development Committee, noted that Chinese investors are now targeting broader opportunities across Greece. These include tourism properties, student housing, and logistics. While Athens remains an interest point, new investments are also being directed toward cities like Ioannina, Thessaloniki, and Patras, with a particular focus on holiday homes and tourism-related real estate. For instance, a €15 million investment with a tourism emphasis is already underway in Ioannina.

Monemvasiotis emphasized that this shift provides Greece with a chance to move beyond the traditional model of smaller investments and attract larger, more impactful projects. Additionally, themed real estate developments, such as complexes with specific themes, are gaining traction among Chinese investors, signaling broader diversification and sophistication in their investment strategies.

Source: Ekathirimeni