Property Investment in Greece

Kefalonia - Redfern Smith and Partners, in conjunction with our partners in Greece are very proud to introduce the idyllic island of Kefalonia, often referred to as ‘The Jewel of the Mediterranean’ where houses and villas are designed and built to your specification. A typical 3 bedroom villa (150m2) will require an investment of approximately €400,000 euros and rental yields are in the region of 9.5%.

Kefalonia villasKefalonia will certainly be at the forefront of new waves of investment, due to recent government. legislation which will open up property ownership from citizens outside the EU. Ownership is now attracting the World's emerging nations in the The Far East, India, and the Middle East.

There is guaranteed Residency Permit for Kefalonia, Greece with the acquisition of property above 250.000 Euros. This new 'Hot
Kefalonia villasSpot' of the Mediterranean Real Estate Market, can grant residence permits for Non-EU citizens and their families, with the acquisition of property above 250.000 Euros. As long as the Non-EU citizen keeps the ownership of the property, the residence permits are renewed every five years.
Once the non-EU citizen acquires a residence permit in Greece, they are allowed to live in Kefalonia, Greece, and exit/re-enter any time without a visa and travel to all Schengen countries without
Kefalonia villasfurther documentation other than their passport. 

Given the scope and opportunities afforded by investing in the Kefalonian property market, now is the right time to ‘Realise the Dream’, either as an investment opportunity or as a holiday home, 
ideally both.

The property market in Kefalonia has remained stable in recent
Kefalonia villasyears, reversing the trend around the world. With unique opportunities arising to the discerning investor, there has never been a better time to purchase.

The opportunities are further reinforced by two Chinese companies who have expressed an interest in jointly acquiring a 55-percent stake in Athens International Airport (AIA). Chinese officials note that they are planning to use their own Kefalonia villasfunds in order to turn the Greek airport into an international transit hub and an entry point for Chinese travellers to Europe”.

China’s ambassador to Athens, Zou Xiaoli, invited the Chinese corporate community to invest in Greece when he addressed the 
3rd Greek-Chinese Business Conference in Athens this year. Xiaoli called on his compatriots to visit Greece and investigate emerging investment opportunities. 

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