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Tue, Oct

One in Three Foreign Buyers Seeks Permanent Home in Greece

One in Three Foreign Buyers Seeks Permanent Home in Greece

Hellenic Shipping News

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Greece is emerging as one of the top choices for foreign buyers, with nearly one in three (30.8%) looking for a home in the country to settle permanently.

That’s the conclusion of this year’s analysis of buying trends from abroad, based on the client base of Elxis – At Home in Greece. The figures reflect not only the growing appeal of the Greek market, but also the impact of a tax program that has been in place for retirees in recent years.

Giorgos Gavriilidis, CEO of Elxis – At Home In Greece, explains: “As we see in our data, 30.8% of demand comes from people, mostly retirees, who want to acquire a permanent home in Greece. It’s a significant share, and a particularly positive trend, since the investments made by these buyers carry high added value. They’re not limited to the property purchase itself. These buyers keep contributing to the local economy as new residents.”

According to Gavriilidis, this also explains why 71.7% of buyers prefer newly built homes, or properties ready

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