Athens infrastructure: how will new projects change urban logistics and real estate investors?
Greece's economy is recovering from the crisis. According to the National Statistical Service (ELSTAT), after an eight-year recession in 2017, Greek GDP grew four quarters in a row. One of…

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Buying a mini-hotel abroad
Mini-hotel is a hotel, the number of rooms of which is not more than 30 rooms. Typically, these institutions provide services on the system Bed and Breakfast (with the English.…

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The Bank of England raised the base rate to 0.75% - how will the real estate market react?
On 2 August, for the first time since November 2017, the Bank of England raised the base interest rate by 25 basis points to 0.75%. This is a record rate…

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quality supply in this market.

Athenian Riviera: a place to live and invest

Athens Riviera called the southern suburbs of Athens, which occupy the coast of the Saronic Gulf from Piraeus to Cape Sounion. These include Paleo Faliro, Glyfada, Voula, Vuliagmeni and Varkiz. Beaches, marinas, luxury hotels, restaurants, boutiques and nightclubs – these areas are popular with both tourists and residents of the capital.

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How to get a Greek residence permit for financially independent persons?

Greek residence permit for financially independent persons is issued to foreigners whose income in their home country exceeds 2 thousand euros per month. Together with the main applicant, such a residence permit is received by the spouse or children under the age of 18 – however, then the minimum amount of income will increase by 20% per spouse or 15% for each of the children. Continue reading

Short-term rental market in Athens: where to buy to earn more?

Athens is the second city in Europe in terms of the growth rate of the number of tourists: according to estimates by research company Euromonitor International, the number of arrivals from abroad in 2017 increased by 10% compared to 2016 and reached 4.8 million. Due to the fact that prices real estate in the Greek capital has not yet recovered from the crisis (according to the Bank of Greece, today a square meter costs 44% less than in 2008), investors have the opportunity to earn more on short-term leases: according to analysts of the international real estate broker Tranio, the net profit in Athena 5-7% per annum compared to 3% in most major cities in Europe. Continue reading

Property Maintenance in Greece
The maintenance of an apartment in Athens costs on average from 700 to 1.8 thousand euros, villas on the islands - from 1.5 to 15 thousand euros. The main items…

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Short-term rental market in Athens: where to buy to earn more?
Athens is the second city in Europe in terms of the growth rate of the number of tourists: according to estimates by research company Euromonitor International, the number of arrivals…

...

Short-term rental market in Athens: where to buy to earn more?
Athens is the second city in Europe in terms of the growth rate of the number of tourists: according to estimates by research company Euromonitor International, the number of arrivals…

...

Property Maintenance in Greece
The maintenance of an apartment in Athens costs on average from 700 to 1.8 thousand euros, villas on the islands - from 1.5 to 15 thousand euros. The main items…

...