In recent years, to revitalize its economy, the Greek government has made significant efforts to attract more investment, rebuild market confidence, and enhance international competitiveness. These efforts have paid off, with Greece finally exiting its bailout program in 2018, putting its economy on the right track toward positive development. With a booming economy, Greece now offers a more business-friendly environment, streamlined operational processes, and the addition of fast-track procedures. These favorable policies have attracted a large number of elite investors from around the world to invest in Greece.
Meanwhile, with the booming tourism industry in Greece, tourism-related real estate is particularly popular. It is understood that in the third quarter of 2018, revenue per available room (RevPAR) for hotels in Athens increased by 7.2% compared to the same period last year, with a year-on-year growth of 10.7%. Arrivals at Athens International Airport increased by 15.3%. As tourism grows rapidly, to provide better support, the government-approved hotel investment plans over the past three years include 350 four-to-five-star hotel-style apartments, which will add more than 26,000 high-end beds.
Worldway Group joins hands with powerful Greek developers to launch Athens hotel commercial properties with ultra-long lease terms, a new choice for tapping into the Greek market
A perfect combination of hotels, commercial shops, and co-working spaces
12-year lease with no vacancy period, offering substantial annual rental returns
Star-rated hotel management and operation model, worry-free and convenient
Limited-time major discounts available for property purchases in May
Superior geographical location with high foot traffic
The project is located in the main urban area of Athens, overlooking the Acropolis, and is adjacent to the beautiful coastal promenade and the former royal district, ensuring high foot traffic.
Convenient transportation with access to all directions
The project location is just a 2-minute walk from the subway station, providing seamless connection to the city's transportation hub and easy access to all parts of Athens. It takes less than 10 minutes by subway to reach the city center and about 10 minutes to reach Alimos, bringing great convenience to clients and partners, and driving constant foot traffic to the shops. It also offers easy access to law firms, tax consultants, and government departments, seamlessly connecting with Athens' high-net-worth individuals.
Born to meet market demand
Core location, consumer hub, and a perfect combination of hotels, commercial shops, and co-working spaces to achieve diversification of space functions, humanization, and maximization of economic benefits.
The basement of the project houses a gym and clubhouse area; the upper floors are high-end hotels with complete facilities; the ground floor of the commercial area features the hotel lobby, reception, lounge area, high-end restaurants, cafes, etc., meeting the diverse lifestyle needs of high-net-worth individuals. The first floor is equipped with a co-working space, integrating life and work, encompassing a three-dimensional space for living, working, leisure, and entertainment, creating a highly efficient and vibrant community.
12-year ultra-long lease, no vacancy period
This commercial property offers a 12-year long-term lease, with no vacancy periods, no agency fees, etc., and you can enjoy substantial rental returns. Compared to conventional apartment buildings, long-term rentals often involve tenant turnover (each time a new tenant is found, an agency commission is paid, usually one month's rent) and damage to electrical appliances (televisions, refrigerators, air conditioners always need repair or replacement after a few years, which is also very expensive). However, the leasing of commercial spaces is entirely managed by a management company, and tenants are responsible for their own decoration and operations, so owners do not need to maintain or pay for business expenses. In the long run, it is very hassle-free and offers higher returns.
For these Athens city center hotel commercial properties with ultra-long lease terms, purchase now to enjoy major limited-time discounts and quickly obtain a Greek Golden Visa. This is set to spark a new wave of investment in Greece. Properties are limited, first come, first served! Property purchase hotline: 400-138-2929.
