Tag: Greece Golden visa

In the commercial real estate market in Athens, which, with their conversion into residences, maintains the limit of 250,000 euros, the interest of foreign investors is shifting, while areas near Athens and Thessaloniki are increasingly gaining ground where the new limits require purchases of 800,000 euros for the coveted “passport”. Notaries are recording increased interest […]

Mercan Asia thrilled to announce our entry into the Greek market with Mercan’s first flagship mega project in Piraeus – The Athens Port Residence. This 30,000 sqm complex, featuring 408 residential and retail units, is the largest project ever under the Greece Golden Visa Program. It offers a unique opportunity for international investors to secure […]

American interest in Greece’s five-year residence program, primarily based on real estate investments, is increasing due to the “Trump effect” and the impending end of Spain’s Golden Visa scheme, according to a report by a reputable international property consultancy. The analysis highlights a growing shift among Americans toward Greece as a preferred destination for alternative […]

The Port of Piraeus, Greece’s largest, has been honored as the “Ferry Shipping Port of the Year 2024” at the European Ferry Shipping Summit held in Athens. This accolade recognizes the port’s significant investments in infrastructure and modernization, particularly in cruise and ferry services. Handling approximately 20 million passengers annually, Piraeus stands as one of […]

Foreign investments in Greece’s real estate sector continue to rise sharply, with Bank of Greece data revealing €1.9 billion in inflows during the first nine months of 2024—a 17% increase compared to the same period in 2023. Given that real estate inflows totaled €2 billion for the entirety of 2023, 2024 is on track to […]

Greece has decided to extend the deadline for completing property purchase contracts under its Golden Visa program from December 31, 2024, to February 28, 2025. This extension aims to ensure the finalization of approximately 3,000 pending real estate transactions, which collectively represent an investment pipeline valued at around €750 million. The Golden Visa program is […]

Foreign buyers in Attica are opting for larger and more expensive homes compared to local Greek purchasers, according to a study by Spitogatos.gr presented by its CEO, Dimitris Melachrinos, during a recent MORE Group event. The study reveals that foreign buyers search for homes with an average asking price of €231,625, exceeding the €216,688 sought […]

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, […]

Some areas of high demand for holiday homes, especially from foreigners, along with some properties in the municipality of Thessaloniki, now appear to be more expensive than central Athens, with sale prices having recorded a significant rally in recent years. Although a similar phenomenon had previously been observed in Athens, due to the explosion of […]

MAIN POINTS OF NEW CHANGES: The Greek Parliament voted on the long-awaited amendments to the Greek Golden Visa program, which are detailed below. TWO ZONES 800/400k: For the Region of Attica, the Regional Units of Thessaloniki, Mykonos, and Santorini, and the islands with a population of more than 3,100 inhabitants, the minimum value of real […]

THE CORFU BEACH RESORT – THE JEWEL OF THE IONIAN SEA Corfu, an island off Greece’s northwest coast in the Ionian Sea, with rugged mountains and ample beach resorts. Located on the north coast of Corfu, about 40 km from the capital Kerkyra, Acharavi Beach is a nature lover’s paradise, boasting a long and inviting […]