Greece online property auctions attract interest from Russians Chinese

Greece has a business and financial, social effect in its modern economy.
There is growing international interest in the acquisition of properties in Greece via online auction and other sales that local banks are resorting to in a bid to reduce their losses from nonperforming loans.

The low prices and the prospect of future capital gains, as well as the timing of Greece’s expected exit from the bailout program, have boosted the appeal of the local property market, not only in the eyes of foreign investment funds but also individual foreign investors from Russia and China.
Read more for Online property auctions attract interest from Russians, Chinese.