THREE BEST REASONS TO BUY REAL ESTATE IN GREECE
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Greece is one of the most popular holiday and travel destinations for Europeans, especially Germans. More and more people interested in real estate are looking for property around Greece, because of the particularly attractive value-for-money ratio in the Mediterranean region.
If you’re thinking of buying your own property in Greece, there are lots of reasons to do so:
In Greece, purchasing real estate in particular is a very lucrative investment, with many advantages and for good reason:
Despite the ongoing international crises, the Greek property market has the best growth prospects for the coming years compared to other European countries.
The Greek economy, which has overcome the biggest financial crisis of recent decades, has entered a new growth cycle in recent years and now has to operate in a difficult political and economic environment. Compared to many other European countries, it is showing impressive resilience and a positive outlook. The dynamic development of tourism, the growth of short-term rentals (via Airbnb, Booking, etc.) and the increase in foreign investment continue to contribute to the dynamism of the market.
The Greek property market is at the beginning of a dynamic growth for the coming years and now is the best time for even the most conservative investor to get involved in Greece.
There has never been a better time to invest in real estate in Greece!
There has never been a better moment to buy cheap property in Greece than right now! Acquisition of Greek real estate by German buyers is estimated at over 11 billion euros, with prospects for growth to up to 15 billion euros in the next decade.
In comparison with the rest of Europe, property prices in Greece are currently very cheap.
In order to make Greece more attractive as an investment location, politicians have reacted decisively in the past months, reducing the real estate transfer tax from 10% to 3%. The incidental purchase costs are at a very low level compared to other European countries (ancillary costs around 7%).
The interest of German buyers in investments in Greece is also growing rapidly:
The above data is supported by the traditionally strong economic relations between Greece and Germany and the large number of German tourists who visit Greece each year (more than 5,2 million German tourists in 2024).
Ferimmo is the meeting point for buyers and sellers of real estate in Greece and provides you with a large selection of exclusive real estate offers and lots of useful information about buying real estate in Greece. Through our platform, you can make your dream of living in Greece come true!
Ferimmo has put together information on the most important areas that you absolutely have to consider.
These include the purchase process step-by-step, the documents you will be needing and experts to help you along the way.
We also help you expand your knowledge of important issues, such as taxation and costs when buying property in Greece.
Our goal is to offer the best possible service to all users of our platform, including you. For this purpose, we have created important working ties with strategic partners to ensure and provide a smooth, simple and uncomplicated functionality to our services, covering all of your needs.
