Greece belongs to the European Union and to the Schengen Area as well. It keeps a privileged position in the world map, placed on a strategic crossroads between the East and the West. Any EU country can be reached in less than 4 hours by airplane, giving you the opportunity to get to any European destination easily, fast and safely.
An owner of a property of a value over 250,000€ in Greece can obtain the right to live in Greece and to travel freely in the countries of the Schengen Area without any visa procedure.
During the last few years Greece has been known worldwide for the economic recession that has been through.
The economic crisis has had a significant impact on the prices of the properties. Statistics during these years showed that the properties’ prices have been sharply decreased by 30-50%.
Thus, the current economic situation in Greece could be exploited as a unique chance to invest in one of the most beautiful places in the world!
“Value for Money”: The economic field of constructions has been edgy for years for the Greek economy. In simple words, this means that there is a huge variety of properties, of very high quality, to choose from. The minimum cost of 250,000€ for a property purchase, in addition to the low property prices, compared to those of other EU countries demonstrate that the combination of value and quality can prove to be a real bargain.
However, as any arousing bargain, this can not last forever. There is a worldwide growing interest in investments which could lead to a gradual value rising. This means that anyone really interested should not delay investing at the right moment… which is now!
A crossroads: Greece’s location has been crucial through time. Greece has been a crossroads for ideas, culture, nations and goods’ transport. Nowadays, international companies, which acknowledge the beneficial position of the country, invest in Greece wisely enough to distribute their businesses worldwide. At the same time, people and families do the same in order to enjoy the Greek way of living and still be at an approachable distance, being close to their state of origin and Europe as well.
Topography – Climate – Unique Islands:
Greece is situated at the most southeastern part of Europe, and is famous for its Mediterranean climate: mild and rainy winters, relatively warm and dry summers and, generally, extended periods of sunshine throughout most of the year. Due to the country's uniquegeography and rich topography a great variety of climate subtypes, always within the Mediterranean climate frame, are encountered in several regions of Greece.
Surrounded by the sea, Greece has a long (total 16,000 km) breathtaking coastline, and numerous islands which combined with the hot summer weather turn to be an ideal vacation destination. The visitor can admire a highly diversified landscape: beaches stretching over many kilometers, sheltered bays and coves, sandy beaches with sand-dunes, pebble beaches, coastal caves with steep rocks and dark colored sand typical of volcanic soil and coastal wetlands.
The ideal climate, safe waters and small distances between ports and coasts, and the high level of tourist services have made the Greek islands extremely popular among Greek and foreign visitors.
Many of the Greek beaches have been awarded the blue flag under the European Blue Flag Program, providing not only swimming, but also scuba diving, snorkeling, water skiing, sailing and windsurfing.
Culture – History - Philosophy
Greece has a long history, traces of which can be detected nowadays. Travelling to Greece is a route in the evolution of ideas and arts.
Democracy was born in Greece and the Ancient Greek civilization is a stepping stone for the modern western civilization. The Classical Greek philosophers have had the highest influence on the western civilization.
The geographic location was a reason that made the Greeks travel and make colonies in many areas in the Mediterranean Sea and along the coasts of the Black Sea, exchanging ideas and knowledge with other ancient nations like the Egyptians, the Phoenicians the Persians and nations around the Mediterranean. During its history, Greece had glorious times, during the Golden Age of Pericles of Athens, the Hellenistic times of Great Alexander and during the Byzantine times, when the Byzantine Empire thrived for almost 1000 years, the longest lived empire ever. The ancient Greek monuments like the Parthenon have affected the Architecture of the western world dramatically and many famous contemporary buildings have been built according to this architectural style. Today’s visitors to Greece have the opportunity to trace the “fingerprints” of Greek history from the Paleolithic Era to the Roman Period in the hundreds of archaeological sites, as well as in the archaeological museums and collections that are scattered throughout the country.
Greece was the mother country of the Olympic Games in ancient times and for this reason it hosted their revival, the first Modern Olympic Games in 1896 in Athens. In 2004 the Olympic Games returned to their place of birth and were held successfully in Athens. The preparation for the Games helped the improvement of the infrastructure in Athens and many other Greek cities.
Last but not least, one of the most entertaining and enticing aspects of Greek culture is its elaborate mythology that involves gods, heroes, deeds, and mortals, all of which colored the physical world with elaborate stories and personalities. Myths, legends, deeds, and heroes permeated ancient Greek thought, enriching a large portion of literature and art.
Modern Way of life and Tradition
Contemporary Greek culture combines a modern way of life with traditions which are very rich and diverse, reflecting Greece’s location at the crossing point where the West meets the East and the country’s great and turbulent history. Daily life, especially in Athens and Salonika is like in every capital: vivid rhythms of work alternate to the rhythms of entertainment for young people. A very high level of services in the scientific fields (layers, engineers, doctors, high level of experience in medical services, financial mangers) and a high level of education are offered as well.
Safety is a principal characteristic of all country, which, in addition to the hospitality that Greek people are famous for, create a very friendly social environment. This can be enjoyed even more when in case of celebrations Greek gastronomy, music, dance and traditional customs blend in the joyful mood.
Greek economy has been suffering during the last years. Crucial changes in the public economic field aim to reinforce financial transparency. The recession which led to low prices for the properties has affected other sectors of economy as well.
However, there are economy fields that are growing impressively despite (or because of) recession. One of these is tourism.
Greece mainland and the Greek islands have some of the favorite holiday destinations in Europe. In fact, Greece comes in the 15th place in the world rating of tourist destinations, since, according to the National Statistical Service of Greece, it receives more than 17 million tourists every year, after countries such as the USA, China, Spain and Great Britain.
Investing in the field of tourism (hotels, activities infrastructure, transport, and gastronomy) can prove impressively profitable. Our partners can make wise investing plans taking into account the profit prospects of each property.