Real estate investing

Real estate investment continues to account for the lion's share as a percentage of total foreign direct investment flowing into Greece.

The Treasury and Finance Ministry has started to collect information from tenants in order to accurately determine rental income.

The ministry, which sent letters to tenants asking for a meeting about rents, has now told tenants, "You do not need to come to the ministry, you can fill out a form online."

The rent crisis, which has been affecting millions of citizens for more than two years, has become one of the priorities of the public.

Last year, a 25 percent cap on rent increases was imposed by the government, and the deadline was extended this year.

The center of Athens is emerging as an ideal destination for securing high yields from the utilization of residential property.

You can become the owner of online property if you've always desired to be one. These days, it's possible to develop virtual 'land' and turn it into anything you want. That's the power of digital real estate, which will allow you to generate passive income. Keep reading to find out what it's all about.

What Is Digital Real Estate? 

80% of the purchasers of holiday properties along Bulgaria's Black Sea coast are Bulgarian nationals, indicate data of experts from a large construction and investment company. "The travel restrictions stemming from the coronavirus pandemic and the uncertain economic environment made a number of people take action and buy properties.

Real estate investment companies (REICs) have been reading up on the strategies developed during the period of the deep recession in the early 2010s ahead of the difficult months ahead for the property market.
The three main policies REIC managers will be following this year are investment risk management, lower bids for property purchases, and the targeting of higher returns.

Foreign groups have carried out investments worth tens of millions of euros in 2019 for the acquisition and development of properties in Greece. These are groups that came, saw and decided to invest in the local realty market, acknowledging the significant prospects of future capital gains.

The European Bank for Reconstruction and Development (EBRD) announced on Thursday it will finance Invel Real Estate's acquisition of a stake in NBG Pangaea, Greece's largest real estate investment company, in a bid to promote sustainable, environmental investments in the Greek real estate sector.

Attica Bank's real estate asset management subsidiary Attica Bank Properties is seeking a more active role in the administration of the group's properties, as well as a market share in the property sector in Greece in 2019.