The latest regulation, which exempts parental property donations of up to 150,000 euros for the purchase of a first home, looks like a drop in the ocean, as the overall framework still treats property as the goose that lays golden eggs.
The Greek Finance ministry on Thursday announced the temporary suspension of a measure to readjust real estate official prices throughout the country in view of the emergency conditions prevailing in the country because of the coronavirus and the need to deal with the negative effects of the pandemic.
Funds worth between € 800 million and € 1 billion as estimated by the Association of Chinese Investors in Greece are going to be invested in real estate this year in the context of the opportunities offered by the Golden Visa program.