{"id":123413,"date":"2024-02-01T14:28:08","date_gmt":"2024-02-01T12:28:08","guid":{"rendered":"https:\/\/www.greekexclusiveproperties.com\/advertise-here-your-company-guest-post-do-follow-copy-2-copy\/"},"modified":"2025-02-04T12:58:07","modified_gmt":"2025-02-04T10:58:07","slug":"advertise-here-your-company-guest-post-do-follow-copy-2-copy","status":"publish","type":"post","link":"https:\/\/www.greekexclusiveproperties.com\/de\/advertise-here-your-company-guest-post-do-follow-copy-2-copy\/","title":{"rendered":"Chinese Investors Expected to Storm Greek Real Estate Market"},"content":{"rendered":"
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Chinese Investors Show Interest in Entering the Thriving Greek Real Estate Market\n<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Chinese investors are expected to storm the Greek residential real estate market, global real estate giant Juwai IQI, headquartered in Malaysia, said in a report published on Tuesday.<\/p>

The company says that Portugal\u2019s decision to effectively end its Golden Visa will turn Chinese investors to\u00a0Greece<\/a>.<\/p>

\u201cWe believe gold visa applications could climb by more than 50% in Greece with the close of the Portuguese program,\u201d\u00a0Juwai IQI Co-Founder and Group CEO<\/a>\u00a0Kashif Ansari said.<\/p>

\u00a0<\/p>

\u201cThe Greek program is attractive in its own right, has vanishingly few competitors, and is popular with Chinese applicants. With the Chinese just beginning to resume international travel, you can expect their rate of participation to climb. China already accounts for 62% of all current active Greek golden visas,\u201d he added.<\/p>

The number of high-quality golden visa programs offering Schengen Area residency in Europe is fast diminishing. Both the UK and Ireland closed their visa programs in the last 18 months.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Portugal will soon close theirs, and politicians in Spain have made noises about limiting or closing the program. That would leave just Greece, Malta, and Latvia as the only programs still standing.<\/p>

Greece has recently raisde the minimum investment for a Golden Visa to \u20ac500,000. In recent years, a surge of people from outside of the European Union have sought a Golden Visa in Greece. However, there have been concerns that the large number of foreign investors buying property in the country has made it more difficult for Greeks to find homes at affordable prices.<\/p>

Juwai IQI estimates that the raise in the minimum investment will have minimal impact on the demand from Chinese investors.<\/p>

Chinese buyers make large investments in Greek real estate<\/span><\/h2>

\u201cChinese buyers tend to make relatively large investments of \u20ac650,000 on average, which means many Chinese applicants won\u2019t be affected at all by the new minimum investment,\u201d Ansari said.<\/p>

\u201cThe higher minimum investment in Athens, Thessaloniki, Vari,\u00a0Mykonos<\/a>\u00a0and Santorini has a good side. It should limit popular opposition to the program by reducing the impact it might be perceived to have on housing affordability in tight markets,\u201d he added.<\/p>

Chinese buyers are often looking for family homes to occupy full-time or to occupy part-time and lease part-time. They want a location that is convenient for services and transportation and also need to be close to good international schools.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\n\t\t\t\t\t\tThis is an Alert<\/span>\n\t\t\t\n\t\t\t\t\t\tPireaus will definitely be one of the next thriving real estate markets. As one of the unaffected areas in Athens, Pireaus will continue to offer 250k properties for Golden Visa investors. <\/span>\n\t\t\t\n\t\t\t\t\t\t