Why Invest In AthensAthens is the capital of Greece, something that automatically turns the city into the center of decision making and puts it on the front line.
✔️Athens is the capital of Greece, something that automatically turns the city into the center of decision making and puts it on the front line. Whatever happens in every sector ( politics, culture, economics) happens here first.
✔️Financial center of Greece. After the crisis Greece is building up a stable, trustworthy and investment-friendly environment that has turned country's economy into one of the most fast growing. As a matter of fact, only Athens generates approximately 20% of the national GDP.
✔️ Top touristic destination. Before the pandemic started, Greece welcomed 31.3 millions of tourists only in 2019...6.4 millions of them chose Athens as their final destination and stayed in the city for an average period of 9 days.
✔️ Low prices per sq.m. in comparison to the other European capitals.
Athens- 2.720€/ sq.m.
Lisbon- 4.464€/ sq.m.
Budapest- 2.936€/ sq.m.
Rome- 6.690€/ sq.m.
Just think that with the same amount of money you can buy almost seven apartments in Athens instead of one in London. For a perfectly functional apartment that can be considered a really fruitful investment in Athens you are going to need only 80.000 euros, for 50 sq.m. when in a high touristic capital like London you should pay roundabout 600.000 euros.
✔️ High returns from short-term renting. Platforms like AirBnb can give you back 10% yearly returns on investment for properties sited in Athens. In general, either you choose to rent out your property short-term or long-term you can expect your money back in 10-12 years.
For all the above mentioned and for many other reasons Athens is an ideal place to invest in real estate both for people looking for a low risk investment with 10% yields and for people in possession of a small capital looking to make a smart investment. Allow to our company, Vitruvius Investments, to stand next to you throughout this journey. All our departments- constructional, consulting, accounting- are more than ready to work with you and make you achieve the maximum result.
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