Interest by foreign nationals in residential property in Greece is steadily rising, according to the CEO of an Athens-based real estate website, Spitogatos.
Dropping prices – the result of an ongoing recession and already burst property ‘bubble’ – in tandem with a visa program for third country nationals linked to a hefty real estate investment (above 250K euros) have generated somewhat of an “investor’s market”, according to Dimitris Melachrinos, who heads up the website.
He noted visits to the real estate site have increased by 203 percent (yoy), with the biggest interest coming from China, Turkey, German and the UAE.
The greater Thessaloniki area, in northern Greece, has attracted interest by visitors to the website, up 281 percent; followed by coastal southern Athens; central Athens; the Macedonia-Thrace region, Greece’s northern border; Crete; the Aegean islands; Halkidiki prefecture and the Peloponnese.
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RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons Copyright: Lemur12 License: CC-BY-SA
Source: naftemporiki.gr
