Fund inflow for properties continues

The flow of money from abroad for the acquisition of properties in Greece soared 157.7 percent in January compared to the same month in 2018, according to Bank of Greece data, as international investors continue to focus on the country's real estate sector.

In fact that growth constitutes a slowdown from the 205.5 percent annual growth recorded in January 2018 from a year earlier, but the signs are that this year will also be one of major expansion.

The funds that flowed into the Greek real estate market from abroad over the course of last year jumped 172 percent from 2017, reaching some 1.3 billion euros in total. In 2017 the local market had attracted about 500 million euros from abroad.

Property market professionals say that the main drivers behind this growth - besides the economic stability and the conclusion of the bailout programs - have been the...