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Leptos Estates, a leading real estate and property development firm specialising in residential, commercial and holiday residences in Greece and Cyprus, urges potential Indian investors and home buyers to utilise the month of August so as to not miss out on a once-in-a-lifetime opportunity to own a home in Greece and acquire the globally much-coveted Greek Golden Visa/Permanent Residency. Indians can pay 10% of the unit value of their dream Greek home and sign a ‘Sale agreement’ before August 31, to secure their property purchase in Greece at the old rate of €250,000 (Approx2.5Cr all in; approx. USD 2,76,902.50)
August marks the last month for Indians to access a Greek Golden Visa/ Permanent Residency with a minimum €250,000 property investment in Greece. Starting September 1, the threshold will more than triple to €800,000, as revised investment laws come into play.
The Golden Visa program/Permanent Residency was first introduced in Greece in 2013 and has enabled thousands of purchasers to invest in Greek property and obtain EU citizenship. This permanent residency programme has proven exceptionally popular amongst investors and individuals in Asia, including India, China and the Middle East and North Africa (MENA) region. A good ‘Plan B’ for 3 generations of the family
Buyers are attracted to strong, long term property investment returns including good rental income, sound capital appreciation & Visa-free Schengen Travel as well as Greece’s free Government health and education.
With only three weeks remaining on the €250,000 threshold, Leptos Estates are showcasing select properties for those looking to secure the Golden Visa Permanent Residency. These include two villas at Santorini Villas located on the island of Santorini, priced €505,000 onwards; villas at Aphrodite Beachfront & Maleme located on the island of Crete, right in front of the Mediterranean Sea priced €250,000 onwards; and Molos Beach Village in Paros, which offers apartments and villas starting from €270,000.
Leptos Estates offers all investors a tailored service to support Golden Visa applications and help to manage all processes as well as a free ‘Full Furniture’ package to help homeowners feel at home without going through any of the hassles of moving into a new house. Some units at Maleme, in Crete & Molos in Paros islands also come with a ‘rental guarantee’.
“The €250,000 threshold for Golden Visa applicants is about to rise to over triple at the end of August. The next few weeks signifies the last chance to invest in Greek property, reap the benefit of the permanent residency and obtain European residency.
Leptos Estates have selected a collection of homes for sale across the Greek Islands that would enable an investor to purchase as soon as possible and gain the PR. This opportunity also presents a gateway to obtain the Greek (EU passport).
The team at Leptos Estates will be on hand to ensure a seamless purchase and Permanent Residency application process to ensure both are completed ahead of the September deadline,” said Pantelis Leptos, Co-President of Leptos Group of Companies.
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