As the capital and tourism hub of Greece, Athens attracts up to ten million tourists from all over the world every year. Real estate in the center of Athens perfectly aligns the Greek property investment immigration policy with abundant tourism resources. While obtaining permanent residency in Greece, you can transform your property into a robust investment product, utilizing rentals to generate substantial daily income.
According to an annual survey of the Athens rental market, rental rates across Greece have increased by 8.4% compared to 2017, as the stock of available housing continues to decline. Meanwhile, the rise of short-term rental platforms has led to a surge in demand for apartments previously occupied by local tenants, causing rents to rise repeatedly. This trend is particularly evident in popular areas of Athens, especially near the city center and tourist gathering areas, where demand for short-term rentals continues to climb.
This year, short-term rental prices across Greece have been growing continuously. Around Attica, rents rose by 6.9%; in other parts of Greece, rents increased by an average of 7.1%; while rents in the center of Athens saw a year-on-year increase of 20%.
The survey report also suggests that the tourism boom in Greece has driven the flourishing development of homestays. Long-term rental apartments are becoming increasingly difficult to find, as owners are more willing to use their properties for short-term rentals to achieve higher profits. In a situation where demand exceeds supply, property rents in Greece have generally risen significantly.
The report points out that the most popular properties on the Greek market currently are apartment buildings that are less than 20 years old. These apartments are easier to rent out and easier to manage.
With the Greek rental market so hot and rents rising repeatedly, those who bought property in Greece early on are likely counting their money with ease now. After all, the current state of the Greek short-term rental market can be summarized in four words: demand exceeds supply. Spending less money to buy better property and earning greater returns is the most accurate annotation for Greek investment immigration at present.
Worldway Limited Release
Athens Central Mansion Phase 1 Now Selling Hot
Rare, High-Cost-Performance Properties Over 100 Square Meters
Rare Move-in Ready Properties in the Core Area of Athens
Rare Properties Suitable for Both Investment and Self-Occupation
Rare Properties Recognized by Local Greeks
Good Properties Available on a First-Come, First-Served Basis
Athens Central Mansion Phase 1 Project Introduction
Project Type: Boutique Apartment
Layout: Two-bedroom, one-living room
Total Area: 105-110 square meters
Delivery Time: Q4 2018
Project Highlights: Superior location, near international schools | VAT exemption | Three-year rental guarantee with high appreciation potential | Includes parking space, large balcony, and furniture package | Luxurious views of the Acropolis
Athens Central Mansion Phase 1 is located in the core area of downtown Athens, 3.5 kilometers in a straight line from the Acropolis. The surrounding transportation is extremely convenient, and all life amenities are complete. It is a comprehensive area integrating administration, commerce, and residence. The superior location and comfortable, convenient surrounding environment make Central Mansion Phase 1 a hot move-in ready investment project in the Athens market.
Superior Project Location, Convenient Transportation, Accessible in All Directions
Driving to the Acropolis takes about 15 minutes; there are three subway stations nearby: NIKOAAOY, ATTIKES, and BIKTOPIAE, distributed in a triangle. The nearest subway station, Attikes (this station is an interchange for the Red and Green lines), is about a 10-minute walk away; it is only 4 stops from Attikes station to Syntagma Square station, taking 8 minutes.
Perfect Surrounding Amenities, Surrounded by Prestigious Schools
The project's surrounding amenities are very complete, with banks, bakeries, hospitals, schools, shopping malls, supermarkets, parks, and other daily necessities available.
A 10-minute drive or three subway stops will take you to Attica, the largest department store in Greece;
It is only a 17-minute walk from Ares Park, the largest park in downtown Athens;
It is only 3.5 kilometers from the alma mater of former Greek President Stephanopoulos—the famous private aristocratic school in Athens, Leonteio Lykeio Patission, a 10-minute drive;
It is only a 20-minute drive to the American Community Schools (ACS) of Athens in the northeast, and about a 30-minute drive to the French International School (Lycée Franco).
Square Layout, Every Unit Enjoys Acropolis Views
The project features square layouts and wide views, allowing residents to fully enjoy the scenery of the Acropolis of Athens.
E1/ST1 Floor Plan
D2/E2/ST2 Floor Plan
Z1 Floor Plan
Z2 Floor Plan
Modern Decoration, Simple and Elegant
Reasons to Choose Worldway for European Investment Immigration:
Worldway has been deeply involved in the European investment immigration industry for many years. With a spirit of innovation and the courage to be an industry pioneer, we promote industry development through professional, excellent business capabilities and comprehensive, perfect services. With good government relations, we open a convenient channel for investors to European countries, helping many families realize their European dreams.
1. In 2011, we were among the first to introduce the Cyprus Investment Residency Program to China, marking the first year of European investment immigration;
2. In July 2013, we were among the first to join hands with the Greek Embassy in China to introduce "Greek Property Immigration" to China;
3. We pioneered the "2013 European Immigration Year" and held China's first large-scale "European Property Exhibition" themed on Europe in cities such as Beijing, Shanghai, Shenzhen, and Qingdao, setting off a wave of European investment immigration in China;
4. In 2013, Worldway Group initiated the "Shanghai Declaration," signed by developers and lawyers from multiple European countries, to standardize the model for the European property immigration industry;
5. The "Paphos Night" event held by Worldway Group in Beijing and Shanghai was the first investment and cultural exchange event in China themed on a European city;
6. We hosted the first large-scale China-Europe forum organized by a non-governmental organization—the 2018 China-Europe Trade and Investment Forum. Ambassadors, ministers, counselors, and other officials from 18 European countries, including Greece, were invited to attend. Together, we created a wonderful event with multiple angles, dimensions, and values, once again confirming Worldway Group's good government relations and extraordinary brand strength.
Against the backdrop of homogenized Greek property immigration, Worldway Group, as a pioneer in Greek property immigration, relies on its good government relations and strong alliances with powerful Greek developers to select numerous high-quality property projects of different types and in different regions to meet the needs of different investors. We are your solid backing on the road to property immigration. For more details, click to consult: 400-138-2929.
