quality supply in this market.
Athens Riviera called the southern suburbs of Athens, which occupy the coast of the Saronic Gulf from Piraeus to Cape Sounion. These include Paleo Faliro, Glyfada, Voula, Vuliagmeni and Varkiz. Beaches, marinas, luxury hotels, restaurants, boutiques and nightclubs – these areas are popular with both tourists and residents of the capital.
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Greek residence permit for financially independent persons is issued to foreigners whose income in their home country exceeds 2 thousand euros per month. Together with the main applicant, such a residence permit is received by the spouse or children under the age of 18 – however, then the minimum amount of income will increase by 20% per spouse or 15% for each of the children. Continue reading
Athens is the second city in Europe in terms of the growth rate of the number of tourists: according to estimates by research company Euromonitor International, the number of arrivals from abroad in 2017 increased by 10% compared to 2016 and reached 4.8 million. Due to the fact that prices real estate in the Greek capital has not yet recovered from the crisis (according to the Bank of Greece, today a square meter costs 44% less than in 2008), investors have the opportunity to earn more on short-term leases: according to analysts of the international real estate broker Tranio, the net profit in Athena 5-7% per annum compared to 3% in most major cities in Europe. Continue reading