Purchasing a luxurious property is an investment in the future. Market knowledge and a depth of market experience are vital when making such an important decision. Ongoing personalised service and follow-through are equally crucial. This translates into efficient use of your time and effective management of your assets. Our goal and commitment is to make the buying process as seamless as possible, exceeding our clients' expectations.
Furthermore, a specialized team, with language skills and knowledge of various property buying cultures is particularly aimed to the needs and preferences of overseas buyers. Our special acquisitions service team has access to the entire market, and often to off market properties all over Greece that are not included in our site for particular reasons. We offer a wide range of services exclusively designed for overseas buyers looking for prime residential properties throughout Greece.
The EU and Greek crisis has had a major impact on most sectors of the Greek economy. However, the Property market was hit really hard, especially over the last 4 years. Property owners had to see their properties being devalued 50 - 65% in a very short time! The local Real Estate property sales nearly stopped. Despite this gloomy picture, there was an unseen benefit to this situation. This was the "normalisation" of the property prices.
The big bubble deflated and most sellers had to accept their property devaluation. In an effort to stabilise the property market, Government introduced legislation such as the Golden Visa or "Residency by Investment" (RBI) law as well as the reduction of the Property Transfer Tax to 3% for the majority of properties.
This encouraged small and large investors, especially foreigners, to venture into the Greek Property market once more, which resulted in an increase in demand for certain sizes and types of properties: from apartments to villas and hotels in the Greek Riviera Coastal line, to the highly developed Attica areas and the Island of Santorini, Mykonos and Crete.
There is good value to be gotten in the Greek property market at present.