All Forum Posts by: Christophe Andre

this is valuable advice, thanks for sharing. Since i studied the Bulgarian market, i noticed that in the neighbouring countries the system is quit similar. Both countries are more suitable for a buy to hold, must say that the the prices in Sofia increased significantly over the past 6 months.

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Originally posted by @Konstantina Mazaraki:

If you are planning to invest in Greece would strongly recommend to find a good and reliable accountant for your tax compliance (unfortunately not always easy to find) and a lawyer to handle the legal aspect of the purchase. You will need to have these contacts in place before you go ahead looking for a property.

Other than that there are a wealth of good deals since house and flat prices are extremely low at the moment and will continue to drop for the next 2 to 3 years at least. You will need to do your homework as unfortunately real estate agents in Greece are not really trained for investment real estate deals. The Greek market due to the current financial climate is more suited for a buy to hold purchase rather than a buy and sell for profit.

Also if you are able to buy cash majority of sellers are more than happy to drop the asking price significantly for a quick sale.

Hope this helps! Best of luck!

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thanks Mark, looking forward to start adopting the advice and skills i can find on this platform.

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I am a newbie in real estate. I've noticed opportunities for real estate investment since i am living in Sofia, Bulgaria and the surrounding countries like Greece. I have no experience in real estate so i am here to learn and grab advice which will help me getting forward.

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All Forum Posts by: Christophe Andre

Christophe Andre has started 1 posts and replied 4 times.

Post: Belgian expat working in Sofia, Bulgaria.

Post: Belgian expat working in Sofia, Bulgaria.

Post: Belgian expat working in Sofia, Bulgaria.

Post: Belgian expat working in Sofia, Bulgaria.