“ In total last year, foreign investments in Greece’s real estate market reached €2 billion, an increase of 68%, which was also a historic high. However, it is very likely that even this amount will be exceeded, as there has been an increase in investments by citizens of third countries who wish to meet the deadline given for the acquisition of real estate with a minimum investment limit of €250,000 per person.
As of August 1 this limit will be doubled to €500,000 in the center of Athens and the city’s northern and southern suburbs, as well as on Mykonos, Santorini and in Thessaloniki. This increase and the time window that was given triggered a wave of purchases in the above areas, which will also be reflected in the data of the year’s second quarter.”
http://www.ekathimerini.com/economy/1214455/record-inflows-for-property/
| 