The recent upsurge in Greek tourism has led to an increase in demand for properties in the Mediterranean country according to sources throughout the industry.
According to A Place In The Sun, one of the world’s largest travel groups, TUI, looks set to bring in over 300,000 additional tourists to Greece next year over 2013, meaning the firm will bring in over 2 million tourists in total. Tourism experts are predicting a new record of 18 million foreigners’ visiting next year. Both September and October of this year have been immensely strong in terms of visitor numbers too, riding on the back of a record-setting summer.
This has had a positive impact on overseas investors looking to purchase in the country - Rightmove Overseas claimed in its 2013 consumer survey that Greece is the 3rd most popular destination for people looking to relocate to foreign shores. Greece is also the 4th most popular place for those who are looking specifically for investment property – beating the likes of Italy, Turkey and Thailand.
Despite the recent issues concerning the Eurozone, the sun, sea, sand and unique character of Greece makes it a reliable country for tourism, especially now non-Europeans are seeking fast-track routes to EU residency. Greece is now giving speedy residency to buyers of any property over 250,000 Euros, with the first being granted to a Chinese man on 8th August.
All of this adds up to good news for the property market in Greece, which has been looking more and more positive during 2013.
