Greece changes Ownership Laws, Macedonians Buying...
Macedonian nationals have already started to buy property in Greece in accordance with the new act that the southern Macedonia’s neighbour has enforced. Citizens who do not live in Greece are from now on allowed to buy real estate there.
Macedonians are very interested in buying property in Greece, confirm law firms and real estate agencies in Solun. They think Macedonian nationals want to become owners of land and villas in Halkidiki, Greece, even more so then in Ohrid, especially because of the fact that prices in Greece are dropping due to the debt crisis and the fact that Greeks cannot obtain loans at the moment.
Macedonians are mostly looking for apartments near a beach, for which they offer from EUR 40,000 to EUR 60,000. Real estate agents claim these prices are not realistic. The value of real estate in Greece has dropped by 30 percent, expected to go down further.