The number of foreign entrepreneurs that are eyeing on acquiring an investment property for sale in Greece to turn into their second home or for rental business with positive interest is increasing. Regardless of the pandemic, Greece is on the way to reaching the real estate prices before the economic crisis of 2007 that affected many European countries. The spectacular landscapes in the island of Santorini, and the many historical locations and arts from Ancient Greek makes international entrepreneurs look for investment properties for sale in the beautiful country.
The perfect Mediterranean weather and the breathtaking views attract non-residents of the country to invest in one of the islands of Greece, and with a Golden Visa, the investors along with their family members are eligible for a five-year residency permit with a real estate investment of 250,000 euros. The family could choose to turn the summer-stay into a permanent address with this visa, and after 7 years of residency, the investor and his family can apply for the Greek citizenship.
Become an owner of a property
The prices in real estate in Greece are a great investment idea for acquiring a property in a beautiful island of Greece can give you the chance to make passive income, and as time passes, the prices will increase. To become an owner of a property in one of the 227 islands that are inhabited in Greece, you must be accompanied by real estate experts and lawyers. Our team in Orience will help you choose the best path and assist you before signing any sales agreement to ensure your financial safety.
A non-resident tax registration number, or AFM, and the access codes to the “TAXIS” system is needed by investors that seek to acquire a property in Greece. Also, a bank account in the country will be advisable to facilitate the transaction and tax procedures related to the ownership of your real estate acquisition. Our team will accompany you in every step, assuring you a comfortable and easy process so you can just focus on the great lifestyle that awaits you in Greece.
Best places to buy an investment property for sale
For investors that are planning to buy an investment property for sale to make a rental business, the best places to choose are in the largest island, Crete, Cyclades, Rhodes and Porto Heli – these are the areas in Greece that have year-long visits, specially during the summer where islands like Santorini are the chosen destination of many newlyweds, where over two million of tourists visit annually.
In order to find an investment property for sale in Greece, foreign investors are welcome to seek the help of our team in Orience International. We will locate the property that best fits your needs at an affordable price.
What is the Golden Visa
If you are looking for a program that comes with great benefits, the Golden Visa will be the best option for you. In just 60 days and for as low as 250,000 euros, you can obtain a residency permit that will allow you and your family to live, work and study in the country. Moreover, you can travel to other Schengen countries without the need of an additional visa, which is advantageous for entrepreneurs that are constantly on business trips, or families that enjoy visiting the beautiful neighbouring countries.
The Golden Visa Greece offer different investment options:
- Real estate of €250,000 – this purchased property must be held for the duration of residence and for a minimum period of 5 years
- Real estate lease of €250,000 – or also a timeshare, which has to be held for the duration of residence and for a minimum of 5 years