- Today Greece is among the three most popular countries in Europe for investments according to PwC and Urban Land Institute, - the founder and managing manager of DKG Development Constantinos Petridis gives an argument.
Konstantinos PETRIDIS
Founder and Managing Partner
Urban Land Institute (ULI) is the world's oldest and largest network of real estate and land use experts. It is this institute that has been setting quality standards in the world development practice since 1936. Together with a company from the "big four" PricewaterhouseCoopers (PwC) Urban Land Institute makes a rating of the most attractive international markets for real estate investments. Positions in the rating are distributed by reputable specialists and top managers of international real estate companies.
Naming the top 5 reasons for buying property in Greece, Petridis puts the price in the first place.
The cost of residential real estate is from 1000 euros per square meter, - says the head of DKG Development. - In addition, the tax on the purchase of real estate has decreased in Greece: if earlier it reached 24%, now it is only 3.09% of the value of the object.
The next most important factor is the opportunity to purchase real estate together with a land plot.
The land is registered to the buyer forever and can be inherited, sold, donated without time limits, unlike other Western countries, where land plots can only be leased for 30-50 years, - emphasizes Konstantinos Petridis.
Another advantage for the owner of an apartment or house in Greece is getting a multivisa for the whole family. Greece is a member of the Schengen area, so the doors to almost all European countries will be open to buyers, their children and parents.
Of course, Kazakhstanis can purchase both residential and commercial properties in Greece, rent them out or use them for business purposes. Register a company, hire staff — all this is available. All these and other issues will be solved in DKG Development.
The DKG Development website says that this is a young project with "vast experience". The apparent paradox is dispelled by the head of the project.
In fact, the company was formed in 2019, the founders were persons with experience in the construction and investment sector from 10 to 15 years. These were various projects: hotels, residential resort complexes, service and student apartments. Having this experience, in three years of existence we have designed and fully implemented — that is, built with full turnkey finishing and leased 19 projects for a long time, which is 17,000 square meters.