Invest in Greece

Invest in Greece

Reasons to buy property in Greece

Access

A central location at the crossroads of three continents allows easy and direct access from most parts of the world (London & Moscow in circa 3.5 hours, and Dubai in circa 5 hours)

Infinite coastline

The longest Mediterranean coastline - lengthier than the coastlines of Italy, Spain and Cyprus combined

Geographical Diversity

Over 250 mountains (Mount Olympus 2,917 m), 2,000 islands, 60 lakes and 25 rivers while 25% of the territory is covered with forests (the 4th most in the EU)

Temperate Climate

More than 300 days of sunshine a year - the winters are short and mild while the summers are hot and dry with cooling breezes

Competitive prices compared to other Mediterranean destinations

A residence permit is granted for investments in excess of €250,000 to non-EU residents and their families

Overall low transaction costs

Relatively low cost of living (about 20% lower than the UK)

High rental yields for high quality holiday homes in good locations

Quality

Mediterranean, outdoorsy, culture, healthy and social

Convenient

English is widely spoken, foreign newspapers and satellite television are widely available while satellite broadband internet covers 100% of the Greek inhabited territory

Safe

One of the lowest crime rates in Europe with fewer than 60 recorded robberies per 100,000 people according to United Nations Office on Drugs and Crime

Health

Well developed private and public healthcare systems

Education

High standard education system offering good foreign private schools and top performing universities

Why invest in Greece

New unexplored market only very recently exposed to foreign investors

Established and registered land records and property deeds

Freehold land

Competitive prices compared to other Mediterranean destinations

A residence permit is granted for investments in excess of €250,000 to non-EU residents and their families

Overall low transaction costs

International tourist arrivals in 2014 grew by 23% to 22 million. Projected visits for 2021 are revised upwards at 27 million visitors

Steps for Buying property in Greece

Appointing a Real Estate advisory firm

Legal & Technical Due Diligence

Preliminary Contract

Deposit of Transfer Tax

Final Contract & Registration of property transfer