The Greek real estate market is currently one of the most exciting in the Mediterranean region because it offers real estate investors the chance to build an entire and well diversified property portfolio within one country.
The wealth of opportunities available in Greece for the international property investor really became known after the Athens Olympics in 2004. The promotion of Athens and mainland Greece to the wider world not only promoted the appeal of the country for investors, it resulted in a massive influx of tourists particularly to the mainland throughout 2004 and 2005.
Now add these growing tourism numbers to the large volume of visitors who annually holiday on the Greek islands and the total level of interest in this Mediterranean country has surged which has created more demand for rental and resale accommodation.
In terms of the immediate opportunities available to real estate investors they include commercial and retail investment property in the main cities of Greece – the majority of demand and the highest yielding assets are available in Athens – tourism accommodation to let out along the Greek coastline and in every...
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