For those who regard real estate in Greece as an investment of capital, now is the most favorable market conditions. Because of the economic crisis there was a considerable falling of the prices for the Greek real estate. Having experienced that situation, many skilled investors re-enter the market of the Greek real estate. That, in the nearest future, can become the reason of growth-return, especially in the sector of the objects located in resort zones.
For new owners of real estate in Greece, who prefer residence and rest in this country, applying for Schengen visa has been simplified. If the property’s value is over 250.000 € a permanent residence permit is issued, which has to be renewed every five years (or in case of more than one properties then the summarized cost of them has to be over 250.000 €).