Real estate ROI climbs up to 10% in Athens

December 5, 2023

Real estate ROI climbs up to 10% in Athens

The Greek real estate market is shining with ROI up to 10%, as echoed by industry leaders at the recent 24th Prodexpo conference in Athens.

The gathering of experts brought forth a wave of optimism for potential property buyers and investors, highlighting a prosperous outlook in the Hellenic property landscape.

Greece stands as a monumental opportunity for international investors

Dimitris Biniaris, president of the Greek Real Estate Agents Federation and board member of the Athens Real Estate Agents Association, underscored the burgeoning prospects, citing impressive returns of 4% to 10% on property investments.

The insights from Prodexpo resonated with the positive sentiments expressed by Greece’s National Economy and Finance Minister, Kostis Hatzidakis, who noted a robust 39% increase in foreign real estate investments in the first half of the year, building on the remarkable growth from the previous year.

A strong property market for short term rentals

Greece now offers a secure investment environment for short-term rentals, apartments and student housing among others with some of the most attractive yields among developed nations.

๐—ฅ๐—ข๐—œ ๐—ฐ๐—น๐—ถ๐—บ๐—ฏ๐˜€ ๐˜๐—ผ ๐Ÿญ๐Ÿฌ% ๐—ถ๐—ป ๐—”๐˜๐—ต๐—ฒ๐—ป๐˜€

The president of the Greek Real Estate Agents Federation elaborated on the lucrative returns spanning various property types, including retail spaces, industrial properties, and urban renovations, all promising healthy profits reaching an exceptional 50% higher returns particularly in prime locations such as the bustling Omonia Square in Athens.

With promising returns and an environment ripe for investment, Greece is not just a destination, but a clever investment opportunity for a prosperous future.

Take advantage of today’s opportunities and reach Astrea to navigate you through the profit prospects of this dynamic market.

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