If you’re thinking of moving to Greece for ever, you should see it in off-season first. You’ll probably be pleasantly surprised.
To buy a property in Greece you will need to open a Greek bank account. How easy is that, and what services do Greek banks offer? You might have heard it can be tricky, but it just takes a little patience, says Diana Giannoulis of Corfuhomefinders.com, our writer in Corfu.
As we move into crunch time for Brexit negotiations, it looks increasingly clear that British people will, like other non-Europeans, need a visa to live in EU nations permanently. Whether you believe that’s no problem or a big problem, one way around it is to establish residency in Greece before 29 March 2019 – Brexit day! So just how do you move to Greece before Brexit, now less than six months away?
Greece’s property market is on the up, with a much healthier outlook than for a long time. For three quarters in a row, according to data from the Bank of Greece, prices have been rising. That’s the longest sustained rise since 2008. We’ve certainly seen these nationwide trends reflected here on the islands. In fact, right over the last three years, we’ve seen a huge return of interest in the property market in Greece. This is for a number of reasons, including economic stabilisation, greater letting flexibility and international transport links.
Now that you have bought your home in the sun, the chances are that you might want to use it as a holiday let, either full time, or when you are not using it yourself. This is easy as long as you do everything correctly from the beginning, says Diana Giannoulis of Corfuhomefinders. But any shortcuts or omissions may result in problems in the future. Here’s what you need to know about renting out property in Greece.
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