Why should one invest into the Greek real estate market in this moment? Despite the worldwide pandemic of COVID-19 and the consequent change in the investment plans of many HNWIs and companies, the realty opportunities offered by the Hellenic Republic continue to attract the interest of foreign investors. In fact, besides the advantages over other forms of investment (e.g. stocks) the real estate market in Greece still presents the positive conditions that have been marking it as one of the top destinations for funds from all over the world. Moreover, as we collect data and analyse the performance of the EU countries in terms of containment of the pandemic, we observe that Greece is indeed one of the safest countries to live in.
Current real estate trends
In 2019 the general price level for existing real estate residential properties has increased on average, but current prices are nevertheless very competitive. Moreover, the perspectives for those who wish to invest and let their property are very positive, with extremely lucrative rental yield rates. At the same time, there is a very important indicator to consider: the cost of construction is very favourable, following a period of stagnation in the demand in the past years. Therefore, along with the advantageous prices for land plots, the real deal now is to build a new villa. This form of investment represents one of the most solid and secure solutions in 2020 for protecting your savings and yielding a high return over time.
Incentives and regulatory framework
Greece has implemented a series of incentives to revive the demand for new and recent buildings. The main measure taken is the suspension until the end of 2022 of the VAT on new building permits and for unsold properties built after January 1st, 2006. Besides, significant steps are being made in making the administration processes simpler, especially with regard to request handling and permit issue at local level.
The real deal now is to build a new villa. This form of investment represents one of the most solid and secure solutions in 2020 for protecting your savings.
Low-risk, forward-looking investments
As we all strive to gradually go back to normality, although with caution, investors and HNWIs look with increased interest to Greece. In fact we observe that the prices for real estate properties are stable in the country. At the same time the perspectives for the hospitality sector are positive, with numerous development projects in progress in the major tourism destinations in Greece. This means that investments in the Greek realty market can be considered to present a general low risk and therefore they constitute a forward-looking form of savings. The value of the property you acquire today becomes an asset for your family in the long term, with the possibility of interesting profits in the short and medium term, should you decide to rent your estate.
THÈA offers realty consulting services aimed to introduce you to the best investment opportunities that Greece has to offer. Moreover, thanks to our deep knowledge of the Greek market and tourism trends, we are in the position to manage your property and guarantee a lucrative income, which decreases over time the initial cost of the purchase. Contact us and learn about favourable real estate solutions that combine business with pleasure.
This year the summer looks different. The worldwide pandemic of COVID-19 has changed the way we live and plan our time. The increased need for health security – for example limitation of contact with other people, hygiene and sanitation for the place we live and work in – calls for intelligent choices when it comes to organize a vacation trip. This is why booking a luxury villa in Greece where to spend a well-deserved holiday it is now a great idea, more than ever. The Country is one of the safest in Europe and in the Mediterranean region and it presents many places where pure nature and a low density local population guarantee the best conditions for a safe and gratifying experience. Here we present you the 3 main reasons why you should consider this opportunity.
Safety as you need it
Health security represents more than ever a top priority during this summer. By spending your holidays in a secluded, sanitized villa you guarantee the best possible conditions for you and your family to feel safe, without giving up the comfort, the amenities and the freedom you need. Indeed, you can choose trustworthy concierge services that will make you feel at home, deciding what is more important to you. From private transport to errands, from housekeeping to personal well-being, you can tailor your experience upon the specific desires of you and your guests.
Privacy & peace of mind
Have you ever experienced the unique feeling of relaxing in your own space, surrounded by an amazing Mediterranean setting? A villa offers absolute privacy, intimacy and peace of mind, because you are free to follow your mood and your rhythm. Your holiday villa is the ideal place to rest and relax with no worries about unexpected encounters or unintentional contact with other persons. It is the perfect starting point from which to explore the surrounding region, with the certainty that you will come back and find everything as you left it or specifically indicated. It is you “home away from home”.
By spending your holidays in a secluded, sanitized villa you guarantee the best possible conditions for you and your family to feel safe, without giving up the comfort, the amenities and the freedom you need.
Sharing feels better
Nothing compares to the joy of spending wonderful quality time with your family and your close friends. When you all live in the same villa, you can be sure that everyone is happy and safe while enjoying their private space and sharing amenities with trusted people. You will not miss any moment of carefree company with your beloved ones, knowing that together you can enjoy the right level of security for any necessity and activity, whether it is about food and drinks, the equipment, or the swimming pool.
THÈA and its partners take care of all due health measures in order to offer you exclusive villas that are beautiful and truly safe. All the concierge services you desire are provided with the maximum consideration for quality, protection and physical distancing. Plan your next trip to Greece and book a villa with confidence, at advantageous conditions.