4 reasons to buy an apartment in Greece
48% of respondents consider the prospects for investment in the Greek real estate market in the next five years to be good or excellent - a survey by NAI Hellas…

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“Golden Visa”: who and where gets a residence permit for investment
The general principle of operation of any “golden visa” program is simple: a foreigner invests a certain amount in the country's economy in exchange for resident or citizen status. Today,…

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“Now it's the other way around”: investors choose Valencia after a referendum in Barcelona
On October 1, 2017, a referendum on independence was held in Catalonia, 90% of those who voted in favor of separating the region from Spain. Since then, uncertainty has reigned…

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survey participants indicated

Carte Blanche for Investors: Golden Visas in Southern Europe

In 2008, a financial crisis began in Europe. The problems in the economy affected the state of local real estate markets: the volume of investments decreased, real estate prices fell by 20–40%. In order to stimulate capital inflows from abroad, some countries in southern Europe have launched “golden visa” programs: Greece, Spain, Cyprus, and Portugal have started to issue residence permits to foreign investors in exchange for investments in their country’s economy. Malta, where such a program has been operating since 1988, has made conditions for investors more flexible. Continue reading

Spare airfield in Greece: the top 5 holders of the Greek “golden visa”

The Greek program for obtaining a residence permit in exchange for investment is one of the most profitable in Europe. To acquire resident status, it is enough to buy one or more real estate objects in Greece for a sum of 250 thousand euros or buy a hotel or tourist furnished apartments as part of a timeshare contract. In addition to the main applicant, a spouse, their parents and children under 21 receive a residence permit. Continue reading

The Bank of England raised the base rate to 0.75% – how will the real estate market react?

On 2 August, for the first time since November 2017, the Bank of England raised the base interest rate by 25 basis points to 0.75%. This is a record rate over the past nine years – so the financial regulator is trying to slow down inflation from 2.4% to a target value of 2.0%. How will the real estate market change?

Due to the growth of the key rate, mortgage loans will rise in price. According to the calculations of The Guardian, an additional 0.25% will add an average of £ 25 per month to a loan worth £ 200,000. Continue reading

Eat, pray, get well - Greece is developing new destinations for tourists
Greece is experiencing a tourist boom: the number of tourist arrivals from abroad increased from 14.9 million in 2009 to 24.8 million in 2016. According to the Minister of Tourism…

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Street retail in Athens: focus on the center and prosperous suburbs
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…

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Mezzanine loan and equity partnership: pros and cons
Investors can invest in value-added projects (construction or renovation of real estate) in two ways: - Providing a mezzanine loan (mezzanine financing): the investor gives the developer a loan in…

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The procedure for the purchase and registration of real estate in Greece
To buy property in Greece, it is enough to come to Greece once. The purchase process includes 7 simple steps.                     …

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