Now Indians are buying property in this country!!!
Now indians are buying property in this country!!!
For the last few days, the interest of indian investors in property in greece is increasing, which is surprising everyone. indian people are rushing to buy houses in Greece.
Now you must be wondering what is the reason behind this? So let us tell you that some special regulatory changes are going to happen in greece from september 1, before which indian investors want to take full advantage of the Golden Visa Scheme here. Under this Golden Visa Scheme, investors have started to get permanent homes.
In exchange for investment, one gets the facility to live there
Let us tell you that the greece Golden Visa Scheme launched by the Greek government in 2013 gives permission to live there in exchange for investment in property. Which becomes a good option for non-European people coming from outside. Initially, its price of about 2.5 lakh euros i.e. Rs 2.2 crore was the lowest in Europe, due to which investors have been attracted towards this investment. This is the reason why the real estate markets of greece have gained momentum. Now indian investors are going towards famous Greek islands like Paros, Crete and Santorini to buy property.
Rapidly increasing house prices
However, due to demand, the prices of houses in greece have also started increasing very fast. Property prices in areas like the capital Athens, Thessaloniki, Mykonos and Santorini are skyrocketing and to deal with these problems, the Greek government has increased the investment limit for properties in these areas to 800000 lakh euros i.e. about 7 crores rupees, which has been activated from 1 september 2024. The purpose of these rules is to stop the rapid pace of prices and increase investment in areas where development work is going on