Real estate sector attracts majority of FDI at 54%

Real estate takes the lead in foreign direct investments in Greece as the acquisition of property accounts for over half of the total investments in the first half of this year, according to the Bank of Greece (BoG) data. This marks a significant increase from the previous year, emphasizing the real estate market’s appeal to foreign investors.

The real estate sector has been a key driver of foreign direct investments in Greece, with a majority of funds directed towards property acquisitions. In the first half of this year, 54.2% of the total 2.1 billion euros of foreign investments were channeled into real estate, reflecting a growing trend.

Despite a decline in overall foreign investments, the real estate market continues to attract significant capital from abroad. Measures taken by the government may impact buying interest, but improvements in macroeconomic conditions globally could fuel renewed demand for investments in the Greek economy.