In response to a tabled question in Parliament on a housing shortage in some areas, primarily greater Athens, the PM also cited prospect of banning 'Golden Visa' properties from AirBnB-type exploitation
In the majority of cases, foreign investors buy property in Greece not only to obtain the Golden Visa but also because it is profitable, often leasing it for short periods.
One billion euros flow into real estate market last year from scheme, with pending applications in 2024 expected to near two-billion-euro mark
As reported the most popular regions for British buyers are Crete, Kefalonia, and Corfu
One firm estimates that the Greek market is seventh, worldwide, in terms of popularity for purchasing luxury residences, having recently surpassed Portugal and Spain, which are in ninth and 14th place, respectively
Policy changes and geopolitical shifts attract global investors in Greek real estate
Figure Above One Billion Euros in H1 2023