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.

The German financial magazine Handelsblatt focuses on the rising interest of foreign investors in the Greek real estate market, stressing that this increased appeal had resulted in domestic tenants suffering as they are being pushed out by landowners who want to ride the wave of the market boom to raise their profit.