Foreign firms niche in on Greek property

An international network promoting Greek apartments and holiday homes in select countries has started developing over the last few months, as a result of the growing demand by foreign investors for properties in Greece.

This has seen the emergence of platforms advertising local assets in countries with a traditionally high interest in the purchase of Greek property, in most cases in cooperation with domestic estate agencies. Several foreign companies promoting local properties have even set up local branches in Athens to facilitate interested buyers.

One such initiative has recently started in Berlin. Over 6,000 properties in Greece have already been advertised on the platform, even though it was only set up in October. The startup's website is primarily aimed at investors in Germany, but is plotting its expansion to other German-speaking countries or regions...

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