Chinese buyer demand for Greek residential property is on the rise, reports Greek Reporter (4 December 2017). Chinese property investors' sentiments towards Greece's economic and financial situation have changed for the positive, and foreclosure auctions in Greece that have now been put online have helped spur Chinese real estate buyers on the hunt for a bargain to switch focus to Greece. According to Carrie Law, CEO of Juwai.com, "After a weak first half of the year, Chinese buying interest in Greek property began growing rapidly in the fourth quarter of 2016. While the trend backslid in the third quarter, still remained well above the long-term average. In the third quarter of 2017, Chinese buying inquiries went up 158.5%, compared to the same period in the previous year."
