Greece receives one bid for Chios marina

Greece receives one bid for Chios marina

Greece's privatisation fund has received one binding offer for the development of the marina on the island of Chios, it said in a statement.

The fund said that it received a binding offer from an investment scheme made up of: AVLUM ENTERPRISES COMPANY LIMITED – IOANNIS & ELIAS D. TEFAS NAFPIGOPLASTIKI – CLEOPATRA MARINA SA – TOURISTIKOS LIMENAS PREVEZAS SA.

The evaluation process will begin immediately and will be in line with the terms specified in the tender’s process letter, the fund added.

This sale is being closely watched by investors who have been snapping up beachside homes on the country's islands, seeking a bargain after Greece's crisis sent property prices sharply lower in the last eight years.

Most interest in Greek real estate from foreign investors is connected to the Golden Visa scheme which offers non EU nationals a residency permit in Greece for five years for investments of at least 250,000 euros.