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Foreigners check out Greek real estate online

For the first time in four decades, the Objective Determination of Real Estate Values system has revolutionized the way citizens access information about property values. This innovative app provides nationwide coverage and eliminates spatial limitations, allowing immediate access to valuable data.

What makes this even more fascinating is that not only Greek nationals are benefiting from this system, but also individuals from various countries who are interested in investing in Greece. The allure of Golden Visas and the potential for short-term rentals are major factors driving the surge in demand.

According to reports, the application has seen a significant influx of users. In just January and February alone, a staggering 44,490 people utilized the app, with 3,500 of them originating from countries such as Germany (420), China (331), the UK (347), the US (490), and even Japan.

Remarkably, between September 2022 and February 2023, the system facilitated millions of searches and real estate value calculations conducted by over 130,000 distinct users, including 10,000 international users. Expatriates from the US, as well as individuals from Germany, China, and the UK, have actively engaged with the app. Additionally, there has been considerable interest from regions such as Hong Kong, Taiwan, Thailand, and Bermuda.

The Objective Determination of Real Estate Values system operates by utilizing a comprehensive mapping interface. This enables users to:

1. Instantly and accurately locate the specific zone in which their desired property is situated.

2. Access all digitized elements about the objective value determination system associated with the chosen zone.

3. Calculate the objective value of their property for various document purposes (e.g., Ε1-Ε5, ΑAGIS, K1-K9) using the reliable objective value determination system.

4. Compare property values of neighboring areas or track value fluctuations within the same area over different periods.

In conclusion, the Objective Determination of Real Estate Values system has revolutionized access to property information on a national scale. Its user-friendly app has attracted a vast number of users, including both Greek citizens and international investors.

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