Why Should You Invest in Real Estate of Greece?
For a person, it is not an easy decision for him to invest in a foreign country. Especially if it Greece who has been in all over the news for its economic slowdown; though there many real estate agencies in Greece for his help. Some of their common queries are like • Isn’t Greece “in trouble”? • Are there good deals for people looking to sell? • Have the prices hit rock bottom? • What happens if Greece leaves the Eurozone? Fear not, the government of Greece has been pushing for better governance to better the situation. Some elucidations are the removal of restrictions many capitals on Greek citizens and banks, an additional IMF bailout, subsidization of limited mortgage lending. 1. Economic recovery The economic Centre and capital Greece is generating 19.9% of the nation’s GDP which is performing better than any European Union capital. The darkness of the economic slowdown that began in 2008 has started receding. The gross domestic product of Greece grew