Greece polls first among potential UK property investors

Greece polls first among potential UK property investors

A recent study conducted for international real estate experts Astons and published reveals that Greece is the most popular country (19%) for investment by Britons with investable assets over £1 million, CEO World magazine reported on Monday.

The study provides insight into the motives of investors in a post-Brexit world. Revealing that the majority (79%) of wealthy investors were not affected by Brexit, the study also found that the primary motivation (68%) for these investors was the improvement on quality of life that could be provided by a real estate investment.

Greece’s top spot can be attributed to a variety of factors, the reports said. Firstly, the Greek property market is more affordable and promising than the UK. Moreover, acquiring residency in Greece can be achieved within two months with a relatively low minimum investment of just £217.252 and Greek residence offers visa-free travel to all Schengen Zone states.

“Greek residency is proving particularly popular at present, as a strong combination of family centred cultured, great quality of life, a quick route to residency and overall affordability, all resonate strongly amongst UK investors,” CEO World quoted Astons Managing Director Arthur Sarkasian as saying.

Tied with Antigua and Barbuda for second place in the investor interest list at 11% is Spain, with Ireland following at 8% and finally Italy, Portugal, Malta, Switzerland are all some of the countries tied at 6%.

SEARCH

[%EVENTS_SIDEBAR%]
Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.