any foreign citizen
Alps – the world’s largest market for ski tourism. According to estimates of Laurent Vanat, the founder of the Swiss consulting company Laurent Vanat Consulting SARL, this region accounted for 150 million visits in 2017, which is 43% of all visits to winter resorts in the world.
An Alpine chalet and an apartment overlooking the mountains is not only a luxury item, but also a profitable investment if their owner is ready to rent the property to tourists. There is a special type of objects – tourist real estate – these are apartments with hotel services, which are organized by professional operators. The owner of such a property can lease the property permanently or several months a year. There are two control schemes for such objects: Continue reading
Since 2010, the Greek government has taken many measures to reduce public debt and budget deficits. They have already brought the first results: according to the IMF estimates, GDP growth in 2017 was 1.8%, and in 2018 it will increase to 2.6%. This is the right moment to invest in Greek real estate: the country’s economy is gradually recovering, and the real estate market has reached the bottom and will soon start to grow.
Against this background, the retail real estate sector comes to life: new players are entering the Greek retail market. In order to minimize risks, investors prefer to choose high-quality objects in the premium locations of Athens. Continue reading
Although the formal issuance of loans in Greece is not prohibited, in practice, banks do not issue loans to either local or foreign property buyers. The exception is the large Greek companies with established reputation in the market.
Standard Mortgage Terms in Greece *
Mortgage offers from banks
Maximum size Continue reading