How do you say Greek colony in Russian?

Greece becoming colony of Russia[Update; Photo, Wikimedia Commons]

Russian investors increasingly interested in Greek house market

Russian investors showed significant and increasing interest for the Greek house market during a series of meeting between Greek real estate developers and Russian large real estate companies in Moscow in the framework of a Go International business delegation organized by Eurobank in cooperation with Greek export agencies and the Greek Foreign Affairs ministry.

Dimitris Andritsos, Eurobank Property Services chief executive, said that a decision by the Greek government to offer residence permit to foreign investors -and their family members- who invest more than 250,000 in Greek real estate property, combined with a gradual change of the country’s image in international markets and an increasing trend of Russian tourists to Greece -expected to reach one million this year- are offering a unique opportunity to attract Russian investments in the Greek real estate market.

Andritsos said that conditions were ripe for Russian investors’ interest in the Greek market to become a reality.

Until now, Russian investors are investing in the house markets in regions such as Chalkidiki, Rhodes, Corfu and Crete buying property worth between 150-250,000 euros.

He noted that Russian investors’ interest was expanding to other regions of the country, with upgraded tourist infrastructure.

(Athens News Agency)

(All photographs, story references from linked news sources and news sources material maintain full copyright ownership. This site uses images and such references and material purely for educational purposes, and does not profit in any way from their use. Use of photo or other copyrighted material does not indicate endorsement of this blog or its opinions)

About these ads

Leave a comment

Filed under Greece-Russia Relations, Greek Economy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s