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Post COVID-19 Era, Catch the time for investing Greek!

With the gradual relaxation of epidemic prevention and travel restrictions in various countries, Greece has once again become a popular destination for global summer travel, and tourism investment is frequently showing positive signals. At the same time, the European Union will further remove the mask requirement for air travel from next week.



Greece welcomes 'retaliatory travel' as European tourists crowd airports


Greece is experiencing a wave of travel that is much higher than expected. Tourists line up in front of attractions such as the Acropolis archaeological site and museum, and the ancient Roman market. Places such as Plaka and Monastiraki are also crowded with tourists. Reminds me of the prosperity before the pandemic.


European tourism, including Greece, is on track for a strong recovery this year, with confidence in the sector reaching new highs, with three-quarters of Europeans planning to travel by September and tourist numbers likely to be close to Arrivals and tourism receipts are also set to hit record levels at pre-pandemic levels in 2019.


By May 29, the number of Greek flights may be able to recover to 90% of the level of the same period in 2019, according to the European Aviation Safety Agency (Eurocontrol).



Athens and its environs is one of the regions with the fastest recovery in tourism, with very high occupancy rates in large five-star hotels and a predominance of tourists from Germany, France and the United States.


Fritz Usen, CEO of the multinational tourism company TUI Group, said that it is expected that the Greek tourism industry will recover 100% this year to the level before the epidemic in 2019. In the case of TUI Group, it will bring more than 3 million tourists to Greece this year.


Alan French, the UK chief executive of Thomas Cook, an established tourism giant, also said that Greece is currently Thomas Cook's most booked tourist destination, with 30% of the company's bookings targeting Greece. Compared to 2021, some popular Greek islands, such as Rhodes, have seen a surge in bookings, with British and Dutch tourists being the most important source of tourists, he said.


In addition to Greece, the whole of Europe has also ushered in a strong rebound in tourism. Europeans who have been stuck at home for more than two years due to travel restrictions to prevent the spread of the virus are back on the road again, with passenger traffic at many airports rebounding sharply over the spring break.



EU to lift mask requirements for air travel from next week


The EU will no longer require masks at airports and on planes from next week (May 16) as EU countries ease their coronavirus restrictions. The decision, taken jointly by the European Union Aviation Safety Agency (EASA) and the European Centre for Disease Prevention and Control (ECDC), marks a "big step forward in the normalisation of air travel" for passengers and crew.


In a joint statement, the two agencies said the new guidelines "take into account the latest developments in the epidemic, in particular vaccination and naturally acquired levels of immunity, as well as the accompanying lifting of restrictions in a growing number of European countries. Case".


The statement advises: Passengers who are coughing and sneezing should consider wearing a mask to reassure nearby passengers; handwashing and social distancing requirements should still be adhered to, but airport operators are advised not to impose distance if these requirements may cause bottlenecks Requirements; Airlines should keep systems that collect passenger location information on standby for future needs, such as when new dangerous variants emerge.


Greece once again a global summer travel destination


Greece is attracting more holidaymakers from around the world, according to a new report from digital travel solutions provider Sojern. Since April, searches for international flights to Greece have increased by 78% compared to the beginning of 2022, while searches for flights within Greece have increased by 18%. Based on the flight data to Greece shown on Sojern over the past 60 days, the main source markets for Greek tourism are: Germany with 17.5% of total bookings, the US (7.9%), the UK (5.9%) and France (5 %), while domestic travel by Greeks accounted for 28.8%.


Sojern data analysts have listed the top five European destination countries for European travelers compared to 2021, with Greece once again being one of the most popular destinations. The five most popular travel destinations are: Spain leads with 26%, followed by Italy (17%), France (12%), Portugal (10%) and Greece (6%).


According to Sojern, warm weather, beautiful beaches and vibrant cities in these countries make them a top destination for summer vacationers.



Greek investment frequently shows positive signals! House prices could rise by 10%


Not only tourism, Greek real estate is reportedly attracting more and more interest from foreign investors, and more and more investors are now choosing to put their second property investment in Greece. It is reported that in 2022 Greek property prices may rise by 10%.


Prices of Greek apartments rose by 9.1% in the fourth quarter of 2021 compared to the same period in 2020, with an average increase of 7.1% in Greek apartment prices in 2021, according to data released by the Bank of Greece. Among them, apartment prices in Athens, Greece in the fourth quarter of 2021 increased by 10.5% compared to the same period in 2020. At the same time, according to data from the short-term rental data analysis platform, the number of homestay bookings in Greece from the beginning of June to the end of September this year has exploded, with a 232% increase in bookings compared with the same period last year.


The economic development prospects and investment value of Greece are obvious to all, which also makes the Greek real estate market attractive to foreign investment for many years at a high level. 72.3%, a new high since 2002.


It's time to invest in Greece


Before the epidemic, Greece "overwhelmed the whole of Europe" with its amazing economic recovery. During the epidemic, although it was not the worst hit country in Europe, it was the most resistant to pressure. Europe's anti-epidemic "model student".


For this reason, Greece has also become one of the first countries to receive the EU's "Recovery Fund". The current social order, economic situation, tourism environment, etc. are all slowly entering the "right track", and there is no doubt that the future will be a "meteor". At the forefront of the European Renaissance Brigade.


Therefore, it would be a wise move to take advantage of the situation and invest in Greece at this moment, especially at the moment when there is an investment depression that is "hundreds of wastes to be built". At present, Greek investment is frequently showing positive signals, and far-sighted investors are already one step ahead of others, rushing to the Greek real estate market. One investment has multiple harvests, and the opportunity is rare. Those who are interested can seize the opportunity in time.



Greek real estate immigrant from 250,000 euros


Application conditions

The main applicant must be at least 18 years old, and the spouse, children under the age of 21, and both parents can accompany the application (the new law in 2020 allows the main applicant to be younger than 18 years old);

Buy real estate in Greece worth more than 250,000 euros (unlimited number of units);

Buy health insurance for the whole family.


Project Benefits

Cost-effective: Europe is cost-effective, and you can get a green card for buying a house;

Low investment amount: only need to buy a house from 250,000 euros, and get a green card in one step;

No residency requirements: There are no residency requirements after obtaining a green card;

Fast approval speed: The immigration process in Greece is simple and the approval speed is fast, which can be completed in as little as 3 months;

High gold content: Greece is a member of the Schengen countries, and with Greek identity, you can travel to 26 Schengen countries;

The application requirements are simple: no need to prove academic qualifications, management experience, source of funds and medical examination;

Great potential for house price appreciation: Greece's economy is picking up, the real estate market has bottomed out and there is a lot of room for house price recovery.


Buying a house from 250,000 euros to immigrate to Greece, the gains are not only the house & identity, but also the infinite possibilities of reasonable asset allocation and children's education! Interested friends welcome to consult precision immigration.

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