A presentation of the Greek housing acquisition program for Bulgarian citizens was held at the Sofia International Trade Center by the real estate management company REMAX.
The General Manager of Sofia, Mr. Georgi Hristulev, presented the conditions for acquiring real estate in our country, mainly in Northern Greece, where the interest of Bulgarian investors is mainly focused, in front of approximately 150 potential buyers.
At the same time, he presented the relevant fees and charges as well as the advantages of our country in general. The properties presented mainly concerned the areas of Kavala, Thessaloniki, Halkidiki, etc. It is also noted that the properties presented belonged to the Greek real estate group Kourtidis Group, with a long-standing presence in the Bulgarian market.
The event noted the recent strong interest of Balkan investors in purchasing commercial premises and buildings in southern Greece, around but beyond Attica, an element of particular importance for the future development of the sector and in the rest of Greece.
The real estate market in Greece presents an attractive picture for foreign investors, as it continues to be on an upward trajectory. House prices have increased significantly in recent years, with Attica and Thessaloniki standing out with notable increases.
In 2024, the prices of newly built properties increased by 8.5%, while for 2025 an increase of more than 15% is expected in areas such as Thessaloniki, Kavala, and Halkidiki, where prices range between 2,400 and 3,500 euros per square meter. Despite acquisition costs, such as acquisition tax and notary fees, the market remains attractive due to stable demand and the prospect of long-term price and rental yield growth. In addition, the “My Home 2” program is expected to boost demand for specific property categories.
Foreign investors are attracted by the dynamics of the Greek market, which combines price increases with the opportunity for investments in tourist destinations and urban centers. In conclusion, it is worth noting the great interest of Bulgarian investors in purchasing real estate in Greece, both for residential and business use, especially after Bulgaria’s full integration into the Schengen area, which now also makes road connectivity between the two neighboring countries unhindered.
(*) Information comes from the Office of Economic and Commercial Affairs in Sofia.
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