Holiday homes: Retirement under palm trees - Where in Greece the retirement home is still affordable
More and more Germans want to spend their retirement permanently in Greece. In addition to the sun, tax benefits are also attractive. The Handelsblatt names regions that are still affordable.
Many Germans view Greece as more than just a vacation destination, with some seeing it as a potential new home. According to Elxis, a Dutch real estate broker, around 30% of foreign clients want to buy a property in Greece to live there permanently, with about one in five German clients sharing this goal. The country's lower cost of living, with expenses around 20% below Germany's, and tax incentives for foreign retirees are drawing factors.
Elxis CEO Giorgos Gavriilidis suggests that Germany's political and economic uncertainty may also influence the decision to move to Greece.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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