The north of Greece is under control: intelligence services are studying the purchase of real estate by Bulgarians and Turks

Greek security services launched an investigation into the sharp increase in the number of transactions for the purchase of land and real estate in the north Greece citizens Bulgaria And Turkey. This was reported by National Radio of Bulgaria.

The reason for the inspection was local media publications about a sharp increase in the number foreign buyers in the border areas of the country.

According to available data, Bulgarian citizens are actively purchasing abandoned houses in rural settlements affected by depopulationoften at extremely low prices.

Many of these objects are then are being reconstructedand the new owners plan to move to the region for permanent residence.

In addition, part of the Bulgarian investors acquired commercial real estate – restaurants and other establishments aimed primarily at Bulgarian And Turkish audience.

The scale of such transactions has caused concern among representatives ruling partywhich were sent to parliament official request demanding urgent review legislation on property ownership by foreigners.

In parallel, according to journalists, Turkish citizens are bypassing restrictions on non-residents EUinvesting through Bulgarian companiesin which they own shares.

Lawyers and notaries in Alexandroupolis report that Turkish investors have already invested significant financial resources and own hotels, business objects And expensive real estate.

Experts emphasize that formally such transactions comply with the norms European Union. However, authorities have expressed concern about the growth Turkish economic presenceespecially in the region Evroslocated on the border with Turkey.

According to analysts, such activity may be part of long-term influence strategy in the border zone.

Investigative authorities are also checking origin of investment capital. There are suspicions that some of the funds may come from gray economyincluding illegal trafficking of weapons and drugs.

The investigation is ongoing. Its results should show whether the ongoing processes are exclusively economic character or have a wider political and strategic implications.

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