Greek assets gain wider appeal

Capital inflows from abroad for property acquisitions in Greece reached a historic high last year, with estimates putting the total amount at 503 million euros.

Bank of Greece data showed that the 86.5 percent increase on 2016 was the highest in the last decade, illustrating that demand from foreign buyers for houses and other properties has returned to a level last seen before the outbreak of the financial crisis.

The considerable growth trend is supported by the fact that 2016 had also set a record high for the crisis years, with an inflow of 270 million euros.

This not only points to foreign investors' confidence in the local property market's recovery prospects, but also highlights the more attractive investment opportunities Greece is now offering compared to other countries.

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