Property investments in Athens
The popularity of Athens as an investment destination has risen during the past few years. Significant investment in residential and commercial real estate, primarily city center apartments, villas on the south coast, and hotels.
Government initiatives such as the Greece Golden Visa scheme, low tax on construction, and other measures have attracted significant capital. These initiatives have attributed to increased investments by both private investors, international hotel chains, and real estate funds.
Hotels
Multiple international hotel brands have invested in new hotel openings, hotel acquisitions, and mergers. Boutique hotels have opened throughout the city
Vacation Rentals
Foreign investors buy vacation rental apartments in the City of Athens and use them only for staying a few weeks per year.
Villas
The south coast of Athens, also known as the “Athens Riviera” has attracted significant investments, primarily due to the construction of the Hellinikon project.
Maximize returns and optimize property revenue
Cloudkeys has industry-leading real estate expertise helping investors with improved returns and optimized revenue management processes. Together we focus on maximizing value while taking care all property management aspects.
Athens Economic Indicators & Investment Overview
The state of the national economy of Greece provides a friendly environment for private investors, asset managers, international hospitality brands, and institutional investors. The country has experienced a strong rebound and emerged stronger from the COVID crisis.
Key OECD Highlights:
- Strong employment growth.
- Increased investments and exports.
- Economy is expected to grow in 2023 & 2024
Overall the investment sentiment is positive as is evident by the number of investments in residential properties, hotels and commercial real estate.
Golden Visa Programme – European Residency Opportunity
The government has introduced a golden visa scheme, allowing investors to obtain European residency status. The capital required will raise to 500,000 euros in April (from 250,000 euros).
The scheme is offering investors and their close family members permanent residency status. For many investors in the Middle East and other continents, this is viewed as an opportunity to acquire a European passport.
Cloudkeys property management services are excellent for golden visa investors, offering management services for all property affairs.
Cloudkeys Athens Investment Support
Our company operates in the real estate market of Athens for several years, managing an important portfolio of customer property assets. The expert team provides support on a number of important issues, including:
- Property valuation
- Property development
- Revenue management
- Real estate acquisition & sales
- Property & facility management
Contact us today to find out how we maximize returns and learn more about our investment strategy.
Industry-Leading Real Estate Asset Management
Cloudkeys’ industry-leading expertise draws insights from hundreds of properties managed through our 5-year history. Hassle-free services for private owners, investors, and asset managers.
More than 50,000 travelers have stayed at our properties. Cloudkeys innovations have been featured in key media outlets and our expertise has helped many investors and property owners maximize the value of their assets.
Key Cloudkeys Property Management Services:
- Sustainability & inclusivity approach.
- Full range of property management services.
- Tax-optimized real estate investment vehicles.
- Highly reliable network of industry connections.
- Innovative results-oriented investment strategies.
- Comprehensive cost-efficient technology enablement.
Using the right mixture of innovation, profitability and opportunity Cloudkeys reduces risk to a minimum while maximizing value for investors.
