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Russians, Chinese seeking out Greek properties

Investors can get a golden visa to the country and also take advantage of the low prices to benefit from future capital gains as the market recovers

A view of the cityscape of Athens. Property prices in Greece have fallen more than the 25 per cent contraction in the economy since Europe's sovereign debt crisis began in 2008. However, the market may be poised for a rebound, helping buyers make some money on their purchase.


GEORGE Kachmazov, a Russian realtor, is buying up property in Athens.

The Moscow-based chief executive officer of real-estate platform has bought a building in the Greek capital and is in the process of acquiring five others with a view to selling apartments to...