BENEFITS AND ADVANTAGES OF BUYING SMALL PROPERTIES IN GREECE
You have two options on flat category if you decided to get residence permit by investing in real estate in Greece :
Buying a single house worth 250,000 euros
- To buy small flats worth 250,000 euro’s in total
- It is easier to negotiate the purchase price
- Reducing the risk of sole tenant . Risk diversity
- The rental income is proportionally more
- Possibility of cash realisation with minimum loss in case of exit
- Saving repair and renovation costs
- Quick, cheap and easier due diligence . Legal, technical, engineer controls
- Practical advantages on residence permit procedure. ( For non-european citizens)
- Value increase in small properties is bigger and faster.
- Buying and selling is more easy in small properties.
- Expenses are less if the house is empty.
- Less prepayment during purchase process.
Do you have any additional questions? If so, please contact us and we will be happy to provide you with additional information.