Is Greece a good place to invest in real estate properties?

In a report published by the Greek Reporter, it was said that Foreign investors and buyers are hysterically looking for properties on the Greek islands of Santorini and Mykonos, driving the real estate demand to an all-time high. Even so, investors cannot consider Greece as a good place to safely invest their money. read more

The Greek economy is required to develop by 2.7% this year and by another 3.1% in 2018, for the most part because of an upsurge in tourism. What's more, following seven years of falling house costs, things are pivoting. read more

Because of the current terrible condition of the economy in Greece, the chances of making good returns on new investments in its real estate market look very unrealistic in the nearest future and below are some of the reasons. read more

If, though, you’re looking to invest for upside or cash flow, I wouldn’t put Greece at the top of my list. Your capital could work better for you elsewhere. Following, for reference, are the per-square-meter costs of owning real estate today in 15 euro property destinations. read more