Buying luxury real estate in Athens Greece for personal use or as an investment will be down to each individuals financial goals and needs.
Owning a luxury piece of real-estate may come with a swimming pool, home theater, gym, and much more, and can serve as status symbol to the owner.
Where is Athens in Greece, and why buy luxury properties in or invest into real estate in Athens starts with the city is well-connected to islands, Europe, Noerth America and Asia, making it attractive for both residents and investors alike.
Athens, the capital and largest city of Greece, is located in the Attica region in the southern part of the country, on the Aegean coast, and is surrounded by mountains on three sides with the fourth area opening to the Saronic Gulf.
Athens, often referred to as the birthplace of democracy and Western civilization, is a major regional, political, and cultural hub.
Buying luxury real estate in Athens Greece for personal use or as an investment will be down to each individuals financial goals and needs.
Owning a luxury piece of real-estate may come with a swimming pool, home theater, gym, and much more, and can serve as status symbol to the owner.
Luxury properties purchased in sought-after areas can appreciate in value as part of a natural capital appreciation, even if not using the real estate as an investment tool.
As an investment though, rental income short or long, can yield high returns in luxury markets, especially homes purchased in high-demand locations.
High-net-worth individuals worldwide are often interested in luxury properties in key cities such as located in Athens Greece, and this international buyer demand can keep property values stable or even rising.
While demand for luxury real estate is always present, economic changes both locally and internationally can affect values, and legal paperwork for an international investment can be more complex.
If considering buying a luxury real estate Athens Greece investment or for personal use, always perform due diligence and use lawyers to manage the purchase agreements.
Choosing a luxury real estate investment in Greece by location and type is also down to the investors aims and end financial goals, be it regular rental income, capital appreciation or both.
If looking at Greece as an overseas or foreign investor or buyer into Greek real estate, those who typically invest or purchase at €250,000 to €800,000, which varies according to the area chosen, can obtain Greek residency through the Golden Visa Program, making Greece an attractive gateway to the EU.
Greece offers both stability and opportunity to buyers and investors, as tourism to Greece brings in over 30 million visitors across the mainland and the Greek Isles.
Real Estate Agents and Property Developers in Athens, Greece
