The sharp increase in housing prices in the center of the Greek capital should be associated with new limits under the Golden Visa program

After the announcement of new limits, prices in Athens went up sharply, as buyers from third countries became more active. The areas of Acropolis, Plaka and Koukaki are traditionally particularly popular, where the price per square meter now ranges from 2,500 to 4,000 euros. The most serious pressure on the market began to be felt in the last 6 months, when upcoming changes to the Golden Visa program were announced. Potential clients from Turkey, China and the Middle East are the most active. I would like to remind you that according to the new rules, the minimum threshold for investing in real estate to obtain a residence permit is set at 0.5 million euros. It will operate in Mykonos, Santorini, Attica and Thessaloniki.

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