Vassilis Milionis explains that Southeast Europe is a good region for Investment. It shows higher economic growth than other regions.
Vassilis Milionis, a prominent Greek entrepreneur, explains the best Investment in Southeast Europe or SEE6. Despite the uncertain global environment condition, Southeast Europe still has a potential place for Investment. The exports from SEE6 countries show a small growth with only 1.9%. This percentage is less than last year in which the export growth reached up to 2%. The small economic growth has a strong relationship with the condition of the countries in Europe. Greece has to struggle with the crisis, Italian banks pressure, and political tensions in Turkey attack the economic condition in Southeast Europe.
According to Vasilis Milionis, “We all understand the uncertain condition in Europe and SEE6 countries. Despite it, there are still good opportunities in Serbia, Montenegro, and Albania. Those countries showed economic growth of up to 2.2% in 2015 and 2.7% in 2016. One of the main causes is the improvements in labor markets and higher public wages and transfers.” Investors can concentrate on the private sector.
Investment is not only good to get benefits but also boosts economic growth and the labor market.
Vasilis Milionis explained, “Investors should also consider the risks of investing in the SEE6 countries. One of the primary things that will have a significant impact on Investment is the new political cycle. Moreover, they also have to check the latest conditions of that country. Those countries have their issues, including high unemployment, weak business and government environment, bad public services, and uncertain global integration.” Investors should be selective in choosing the best countries in Southeast Europe for Investment. Small research will limit the risks and increase the benefits. Investors should also check the potential private sectors that boost the investment result. Vasilis Milionis described, “Investment in the engineering sector is a good idea. There are up to 200 new engineering companies launched in June 2019. Another great private sector for Investment is financial service. There are also new financial services that look promising launched in October 2019. Investors also have a great chance to invest their money in life sciences and creative industries.”
Southeast Europe can be said as the best small region to invest in the future. Milionis added, “Speaking about a specific region, it seems that Crete is also a potential region for investment this year and the next couple of years.” Southeast will have a bright future for Investment due to the significant economic growth despite the small size.
About Vassilis Millionis:
Vassilis Milionis is one of the most successful Greek entrepreneurs. He runs a company known as Filia Investments LTD. It works on several projects and worth over 16 million euros. The projects focus on 5-star hotel and holiday apartment development projects and many others.
Normal Real Estate Stock Situation Just Near the Corner
Pandemic brings great changes in many aspects, including the real estate industry. Vassilis Milionis stated that the real estate stock has a different status. The situations are affecting the stock in the real estate market, which can be seen quite clearly on some of the top stock changes. For example, the Real Estate Investment Trust (REIT) of Pebblebrook Hotels (NYSE: PEB) is increasing significantly close to 20% on June 5. Park Hotels & Resorts (NYSE: PK) is also the same as around a 19% increase.
Even though the stock shows a promising increase, in the end, because of COVID-19, the number decreases from the expectation. The expert predicted it would be 20% of the unemployment rate. However, it came up only at 13.3%. Even though people see it as a good thing, it is not that good, in reality. The number doesn’t fall lower than the early projection. However, 13.3% is still bad. This number of people who got lost in this industry shows something wrong, and it has some effect on the real estate stock and market.
The question is, is it a good time to invest in real estate stock? As a high-value investment asset, the property is still seen as one of the good investment choices. According to Mr. Milionis, the stock is still there. And, there are a lot of them. It only needs a simple push or a significant pointer that can boost the transaction.
The COVID-19 vaccine or the flat or lower infection rate is one of them. It will bring the market buying strength back. People’s trust in this industry and its future will also increase. Thus, the transaction on the market will also be revived or the best way to say it is normalized.
As for homeowners or people who are interested in investing, this real estate expert advice not to hesitate. Today, the mortgage rate has been lowered with the 2-year fixed rates. Furthermore, the rates have a great chance to drop even lower. So, it is a good chance to invest.
It does look bad for the homeowner who is going to sell their house. However, Vasilis Milionis said that the falling price of the property wouldn’t last long. Historically, the value of the property will return to normal and even increase in the future. Once the market moves, people will also see the true value of this investment.
Vassilis Millionis: Sectors that Regain and Ready for Investment
Vassilis Milionis describes sectors that start to regain this year. Investors should look at those sectors.
Vassilis Milionis, the owner of the trusted investment company in Greek, describes the global finance condition. The uncertain global condition affects the global financial condition. Investors should be wise and careful in spending their money on an investment. Despite the global condition, some sectors try to regain. The U.S. stocks begin to recover slowly after the virus attack in March. Investors need extra effort to find the best markets and get new opportunities.
Vassilis Millionis stated, “Asia has a good prospect for investment. Some countries, excluding Japan, may show positive equities earnings growth this year. Most Asian investors also said that they were optimistic about starting the investment.” One of the reasons that make Asian investors optimistic is the outperform of the Asian currencies against the U.S. dollar. This condition may happen for the next 18 up to 24 months. Vasilis Milionis explained, “This is also a good start to find the best markets for investing in Asia. Singapore’s Straits Times Index is one of the best markets. It has a good track record and experiences to defend its investors for many obstacles, including epidemics. South Korea, Hong Kong, Taiwan, and China also have a good prospect for investment this year.”
Investors should consider two main sectors, which are bonds and real estate. Bonds are a good investment in Asia since the government’s fiscal response to the epidemic. Real estate is another good investment sector, although investors should consider the risks well. The impact of the epidemic attacks all sectors. Some countries, including Chile, Colombia, Nigeria, and Russia, will win the commodities market. Investors have to consider the political and economic risks in the countries before investing their money.
According to Vassilis Milionis, “Investors may check some potential commodities. They can start to think about investing money in companies or sectors that focus on copper, crude petroleum, coke briquette, and crude oil. On the other hand, investing in sovereign debt is not a good option this year.” Gold mining stocks can be a good investment option, although it has been declined by over 30% for the past ten years. In contrast, the price of gold increases by more than 40%.
The most important thing to consider is that gold mining stocks often rely on global political and economic conditions. The price increases significantly during the uncertainty of political and economic conditions. According to Milionis, “It is better to hold cash and wait for the overall market condition. Investors who want to invest may consider gold mining stocks.”
About Vassilis Milionis:
Vassilis Milionis is the CEO of Filia Investment LTD. It covers several prestigious projects. The projects include 5-star hotel and holiday apartment development, luxury tourism properties, tourist complex, tourist village, and many others.
Bright Path at the End of Pandemic for Real Estate Market
The coronavirus pandemic affects almost everything in today’s business world and modern people’s life.
The real estate industry is said to be the one that affected the most. People said that the real estate business would and is currently slowing down; some others even said that this business is dead. People are afraid to put their houses on sale or start investing in property. Vassilis Milionis said differently.
According to him, real-estate/property is still a profitable investment. Even though in reality, it is pretty much affected by the pandemic, the real-estate expert, and the big names working behind the scene to keep this industry gear keep moving. The stock of several real estate companies is indeed falling. However, it doesn’t display the future of this industry, which he said still on a safe/bright path.
There is an interesting statement about the real estate industry in this pandemic. It said it is similar to the iPhone. People are waiting for the chance it will be released, and they will go buy it right away. Real estate also has that kind of situation. Currently, the consumer still is limited by the travel restriction and social distancing status. However, once those are lifted, Vasilis Milionis believes that there will be huge numbers of people buying the property products.
As for now, the real estate industry is depending a lot on the technology. The internet technology that has grown so fast allows the expert in this industry to keep connected with the customer as well as a promising buyer. As more people spend their time at home, they are more likely to use the internet than before. This is the area that the real-estate expert tries to aim. And it did work. The interest and even demands on the property product are still high these days thanks to the online system.
The promising future and an opportunity to change into, maybe, a better system is right in front of everyone’s eyes. The business in the real estate industry might be pressured today. And, it might take at least a year to recover and show the best sign.
However, Milionis advises that people, especially homeowners, don’t need to hesitate to make a move. Selling a house right now could be a great decision because once the pandemic is over, that asset will multiply in value. As always, the property is one of the best investments.
Stock Market Raise Encourages Greek Entrepreneur Vassilis Milionis to Invest in the Property Sector
Vassilis Milionis, a Greek entrepreneur, and businessman, invested in the property sector because of the rise of the stock market amidst coronavirus outbreak
The coronavirus outbreak managed to affect a lot of sectors, including the real estate sector, said Vassilis Milionis. Currently, the real estate market is hit pretty hard by this awful pandemic. Several real estate sectors are hit the most, such as restaurants, hotels, bars, and many other entertainment businesses that cannot go on because of the regulations that are made since the virus first appeared.
Other than these real estate sectors, retail, and housing, as well as luxury homes, are also negatively affected by the coronavirus. Vassilis Milionis, a Greek entrepreneur, and investor said that the effect of the virus will vary based on the type of sector and the duration of this pandemic. The economic slowdown effect will also vary in different countries.
One of the things that the coronavirus impacts is the stock market. A lot of stocks are failing because of the economic slowdown and failure that happened because of the virus. However, on Tuesday, 24th of March, 2020, there was a surprising positive change in the stock market.
The stock market increases because of one reason, which is that the Federal Reserve started printing money during that time. That is why Mr. Milionis made a quick decision to make investments in the property sector.
There are several positive changes that the stock market saw on Tuesday. The Dow Jones Index gained 11.4%, which is around 2,113 points. The FTSE also posted its highest gain of 452 points. It gained a rose of 9%. Because of this rise, the Asia market also gained a lot overnight. Hang Seng in Hong Kong gained 4.46% higher. The Australian market also rose by 4.17%. Overall, great changes are happening in the stock market. Because of this, Vassilis Milionis advises a lot of investors to be in position while all of this is happening. Mr. Vassilis Milionis advises people to get ready because he believes the stocks will move up with the help of the government stimulus that is used to fight the coronavirus pandemic.
“Investors should invest their money when the markets in global finance are beginning to increase”, said Vassilis Milionis. He also said that people should be optimistic about their businesses during this coronavirus pandemic. The government stimulus that follows the coronavirus pandemic will help businesses all over the world to keep surviving. That is why he encourages people to be wise and optimistic at the same time.
About Vassilis Milionis
Vassilis Milionis is a Greek businessman, property investor, and entrepreneur. He has interests in luxury tourism with his latest project in Crete, Greece. He believed investors should be ready and get into position as the stock market continues to rise with the help of the government stimulus. Vasilis Milionis encourages investors to follow this positive trend.
Vassilis Milionis Invests in a 16 Million Euros Worth of Property Project
Greek entrepreneur Vassilis Milionis works on several projects around Greece with a total worth of over 16 million euros.
Vassilis Milionis, a famous Greek entrepreneur, is managing a company that is doing several real estate projects all around Greece. These projects are said to have a total worth of more than 16 million euros, with the special “Golden Visa” program.
Mr. Vassilis Milionis, alongside his company Filia Investments LTD, makes investments in a 5-star hotel in Crete, Greece. This 5-star hotel and holiday apartment becomes the new luxury tourism project that is entitled to Filia Estate. This property project is worth around 16 million euros. Vassilis Milionis said that he recently feels intrigued by the luxury tourism sector. He wants to have a project that allows this passion of his to thrive. And as every businessman does their business, he does not think small.
There are several plans that the developers of this project want to incorporate into this property project. They want to build a luxurious hotel with complete facilities that will attract a lot of people. The facilities that are going to be included in the luxurious 5-star hotel are gorgeous dining areas, a wellness center, shops, sports facilities, a children’s club, and beautiful gardens that have large olive groves. Several other facilities are planned for this huge project.
Other than this 5-star luxurious hotel project, Vasilis Milionis also wants to build an additional holiday apartment with 127 residencies. This project includes 90 one-bedroom apartments and 37 two-bedrooms apartments that will range in sizes. There will also be several facilities that the residents can use, such as a private swimming pool. With the facilities that this holiday apartment has to offer, a lot of people will be interested in it.
“Investing in luxury tourism is my passion nowadays. Filia Investments is a very promising sector of luxury tourism in Heraklion City, especially in Avgeniki and Veneratou in Crete, Greece,” said Mr. Vassilis Milionis. He was happy to be able to do what he is currently very passionate about, which is luxury tourism.
According to Vassilis Milionis, those areas are particularly popular when it comes to tourism destinations in Greece. That is why this Greek entrepreneur is setting his goals there. An opening ceremony of Filia development will be held as a way to attract a lot of foreign investors through the “Golden Visa” program. The “Golden Visa” program allows a foreigner to be able to have residency and citizenship if they buy properties with a worth of 250,000 euros or more.
About Vassilis Milionis
Vassilis Milionis is a Greek entrepreneur and businessman who manages a lot of real estate projects. He currently makes investments in a Filia Estate development with the main project in Crete, Greece. The company was once a Private Capital Company that was then developed into the Filia Investment, which is a private real estate development company in Greece. Milionis is the man who manages this company.
How Coronavirus Impacts Global Finance and Why Vassilis Milionis Advises People to be Wise
Coronavirus negatively affects business all over the world. However, Vassilis Milionis advises people to be wise regarding their business during this time
Since the coronavirus outbreak in December 2019, businesses all over the world are failing. This negatively affects global finance, creating chaos within the economy. This situation grabs the attention of Vassilis Milionis, a Greek property investor, and entrepreneur, who is concerned about how the pandemic affects the sustainability of the economy.
Currently, the world is facing a decline in economic growth in 2020 because of the coronavirus outbreak. The economic growth declined from 2.9% to 2.4%, which seems small but is very impactful to global finance.
The methods of transmission of the coronavirus are believed to worsen with human contact. That is why a lot of countries are trying to limit the contact of humans, both within the country and outside the country. This led several countries to restrict a lot of things that unfortunately negatively impacted the economy.
The economy of many countries began to fail because of failure in production activities. Production activities are becoming more difficult because of how hard it is to access the human movement in the country. With the restrictions that many countries make, people cannot go to work, materials cannot be obtained, and so many more things prevent the ability of companies to create their products. That is why people all over the world have their businesses failing.
Although the world currently feels very chaotic, Vassilis Milionis encourages people to stay optimistic. According to Mr. Milionis, the economy is indeed slowing down. However, he encourages people to be confident that this economic slowdown will be considered by the government. Hopefully, the government policies and stimulus will help the business to survive during this difficult time.
“We cannot stop our business, the country’s economy also depends on the sustainability of the corporation business, we must fully support the government’s economic policies and always be responsive to the issues that are developing at this time.”, said Mr. Vassilis Milionis, the Greek entrepreneur who is advising people to be wise and optimistic during this time.
Greek entrepreneur Vassilis Milionis works in the property and tourism sector. His projects are also currently being affected by the coronavirus pandemic. He said, “Business not only pursues profit, but it should contribute to the surrounding community and the needy. In this way, our contribution as sustainable entrepreneurs can drive the economy of the lower classes. Even though the level of investment and the economy is declining, we have helped our country’s social and economic”.
About Vassilis Milionis
Vassilis Milionis is a Greek businessman and entrepreneur. He has several interests and passions, especially in the luxury tourism property sector. His latest project is a luxurious 5-star hotel and holiday apartments in Crete, Greece. During the coronavirus pandemic, Vassilis Milionis encourages people to be wise when it comes to their businesses. According to him, this is because the market nowadays is still under the effect of coronavirus. Vasilis Milionis is one of a lot of people who is concerned about how coronavirus impacts global finance.
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