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Buying and selling real estate in Greece
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Property in Chios
Chios prestigious Greek island called the island "Jasmine." The richest businessmen, ship owners in Greece live here. In Greece the most luxurious properties are bought and sold here. Villas, old houses, luxury apartments in Chios, it’s not just a status and respect, it is also true work of art.
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Property in Greece
The real estate market in Greece is actively develops not only due to its popularity among investors, high-quality real estate, reasonable prices, but also due to oversaturated Spain. You may ask how it can be. Due to the huge flow of tourists to Spain and the incredible growth of the local real estate market it has become very difficult to find good property in Spain for reasonable price. Investors have to buy real estate far from coast of Spain, or in little-developed areas. And Greece is one of the few countries that offers the same standard of real estate on the Mediterranean coast.
Greece has much more Mediterranean coast, than Spain and, accordingly, can offer more real estate. Despite the crisis in the country, Greece is new and promising real estate market, which has much better chance to raise their prices than those already held stable markets of Italy and France. There are although restrictions on the purchase of property by foreigners in Greece. For example, foreigners must obtain authorization from the Ministry of Defence before buying property in Greece, also it’s forbidden to build houses in the coastal zone of the Greek coast and border zones. However, these limitations in any way don’t diminish the popularity of Greek real estate. There is no problem to rent apartment in Athens, buying villa in Heraklion is comparable with buying property in other
European resorts. Moreover Greek estate can offer more arguments in its favor:
- Land held under the same real estate becomes the property and may be sold or transferred by inheritance;
- No annual taxes on land and property;
- Suitable for the long holiday weather;
- Low crime in the country;
- Almost all the beaches of Greece are clean and marked with blue flag of the European Union;
You decide where to buy real estate, our portal can only suggest that Greece is not only beautiful country, but also a good opportunity to get high-quality overseas property.
