Why Invest in Greece?
Many Israelis enjoy vacationing in Greece given its magnificent history and beautiful islands. Now Israelis, like other investors worldwide, are starting to notice the potential real estate investment opportunities that Greece offers. Since 2015 the Greek economy has been showing encouraging signs of recovery and improvement in all the important economic indicators. As a result, real estate prices have risen significantly in the past years and are expected to continue rising.
Why Invest in Athens?
Athens is the business center of Greece. Out of 11 million people in Greece, 5.5 million live in Athens. Athens holds the parliament, districts and high courts, leading universities and the country cultural centers. Every year 30 million tourists enter Greece and 6 million of them arrive in Athens. Most of the tourists come to visit historic places and sightsee, but quite a few are foreign investors looking for the next opportunity. Real estate prices have been rapidly rising since 2015, and they are expected to continue rising due to the foreign demand.
Our Values
Transparency and Reliability
Alignment of Interests
Integrity
Properties
Some Recent Success Stories
This apartment was purchased in June 2017 for 57,000 EUR and was renovated for an additional 17,000 EUR, totaling an investment amount of 74,000 EUR. The apartment is 120 sqm and located in central Athens, in Exarcheia. After the apartment was renovated, it was listed on Airbnb. It now yields an average rent of 1,200-1,500 EUR per month. The market price for the apartment today is ~205,000 EUR.
This apartment was purchased in February 2017 for 12,000 EUR and was renovated for an additional 15,000 EUR. Thus, the total investment was 27,000 EUR. The apartment underwent a complete renovation, which included replacing the floor, rewiring the entire apartment, installing a new electrical box and exchanging the kitchen with the toilet. This created a spacious entrance hall which combined the living room and the kitchen. The apartment was sold in November 2018 for 81,000 EUR.
Our Management Team
Orni Shmuly
