Macroeconomic stability, competitive prices and high returns are the three factors observed in neighboring Greece and determine the high interest of investors in properties in our southern neighbor.
Luxury properties are at some of the lowest prices among Mediterranean countries, which attracts increasingly wealthy buyers, analysts comment. If such a property is rented out, especially on a short-term basis, the return is between 5% and 7%, which is more than excellent.
Little-known areas such as Πapoc, Tinos, Crete and Πeloponnes are also developing. There, the prices are even more attractive, and the properties are in good condition, which means that you can make a profit immediately after purchase without investing significant funds in renovating the apartment or house.
Urban areas such as the Athens Riviera, the center of Athens and Thessaloniki are developing dynamically.
The new thing that is offered on the Greek property market and in which there is interest from wealthier buyers are luxury residences offering hotel and wellness services.
Detailed statistics on the average prices of properties in Bulgaria by cities and neighborhoods can be seen HERE