Grecestate Magazine

golden-visa-changes-prices

Golden Visa changes have sent prices soaring in Athens

The asking prices of a significant percentage of apartments in the center of Athens are now set at northern suburb prices, or even higher. Apartments of 70-90 sq.m. which have been renovated and are located close to popular tourist attractions, in areas such as Pagrati, Ampelokipi and Kypseli, are being asked for in the range

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Record foreign investment in real estate in 2022

A new record high for foreign investment in the Greek real estate market, particularly in housing, was recorded in 2022. According to data from the Bank of Greece (Bank of Greece), in the previous year, 1.975 billion euros flowed into the Greek real estate market from abroad. This is an amount that was 68% higher

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EFSF: Approved the eighth reduction of the interest rate for Greece

EFSF: Approved the eighth reduction of the interest rate for Greece the Governing Council of the European Financial Stability Facility (EFSF) decided today to reduce to zero the increased margin accumulated by Greece for the period between 17 June 2022 and 31 December 2022, as part of the medium-term debt relief measures agreed for the

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cnbc-greek-golden-visa

CNBC: Greek Golden Visa in demand from Americans

CNBC: Greek Golden Visa in demand from Americans, a flood of wealthy American expatriates to Greece awaits, after Portugal and Ireland suspended their own Golden Visa programs. As the publication notes, Portugal has for years been the preferred destination for affluent Americans looking to settle abroad, due to its mild climate, good quality of life

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portugal-end-golden-visa

Portugal: end to the Golden visa

Portugal wants to end the “golden visa” for wealthy non-Europeans. Officially due to the housing market crisis, but also after EU pressures. €500,000 for a Schengen residence permit: this was the Portuguese government’s offer to wealthy foreigners since 2012. It was taken up by around 12,000 investors who gave themselves and their family members a

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regulations-greece-golden-visa

Regulations of the Greece Golden Visa

Regulations of the Greece Golden Visa, clarifying documents for article 20 B of Law 4251/14 (permanent investor residence permit) 2.4.3 Permanent investor residence permit (Article 20 B) Application form Four (4) recent color photographs in physical form, the technical specifications of which are the same as those of passports, as applicable, as well as in

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greece-golden-visa-applications

Greece Golden Visa: Applications soar to 5,547 in 2022

Greece Golden Visa: Applications soar to 5,547 in 2022, the indivisible is done at the services of the Ministry of Immigration for the acquisition of a Golden Visa. Applications submitted (new and renewals) in 2022 exceeded 5,000 in one year for the first time, reaching 5,547. This size is 125% higher than last year and

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residencial-hilton-in-greece

Residencial Hilton in Greece

Residencial Hilton in Greece at the beginning of 2025, it is expected to open the integrated tourist complex that until today was known as the Hilton, but already the 50 apartments that will be developed on the top four floors have, according to information, been sold. It is thus proven from the result that the

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new-3-billion-investments-athens

The new 3 billion euro investments in Athens

The new 3 billion euro investments in Athens, major projects, with a budget of more than 3 billion euros – without taking into account the indirect fiscal benefit from major interventions – have been launched or are on the starting line for 2023. It is estimated that they will further change the face of Athens

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