Is it worth investing in real estate in Greece ?

Greece is a wonderful country full of history with very nice and friendly people, not to mention their gastronomy.
Due to a number of factors, this country offers investment potential.

We offer a few reasons why this is so:
1. Location: Greece is conveniently located in South Eastern Europe and on the Mediterranean Sea, making it a key regional player for trade and investment not only within the European and global market.
2. Tourism industry. This is linked to the growing demand for properties for rent and purchase, which can be advantageous for investors.
3. Property prices: in recent years, property prices in Greece have stabilised and are relatively low compared to other European countries such as Spain or Italy. In addition, the Greek government authorities are trying to create a favourable business environment for real estate investors, for example by providing tax breaks and subsidies.
4. Potential for development: Greece still has great potential for development in various sectors such as tourism, energy, agriculture and renewable energy. Investments in these areas can be profitable for investors in the long term.

What is the development of real estate prices in Greece
Property prices in Greece are still relatively low and stability has been coming in recent years.

According to data from the National Bank of Greece, which publishes the Property Price Index for Greece, property prices in the first quarter of 2021 were on average 3.3% lower than in the previous year. However, there has been a slight increase in prices over the past few years, which can be positive for investors.
Specifically, in Athens, the capital of Greece, property prices have increased in recent years. According to data from Numbeo, in January 2022 the average price of an apartment in central Athens was EUR 2,710/m2, while the previous year it was EUR 2,460/m2. In areas outside the centre, prices are lower, ranging from around EUR 1 500 to EUR 2 000/m2.
Average net rental yields in Greece are currently something between 5% and 6% of the property price.

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Hereby I would like to thank and recommend Mr. Dvorak and his lady to everyone who wants to buy a property abroad,for the absolutely professional mediation of the purchase of the apartment in Bulgaria,everything according to my wishes and most importantly everything is as Mr. Dvorak says,one does not have to worry about anything at all,once again thank you very much😀🙏🏝️🏖️👍

Renata Jukovič — 5 months ago

I am delighted to be able to write this review on our smooth purchase of an apartment in Bulgaria with the real estate company Relax Properties s.r.o. The sale went smoothly and was accompanied by good and transparent communication. From the beginning to the end of the sales process the real estate company provided us with great service. Their team was always very helpful and friendly, both in personal meetings and in electronic communication. The communication was kept up to date and no information was withheld from us, giving us confidence and trust in the whole process. The sale of the apartment was handled with precision and professionalism. All necessary documents were submitted on time and without unnecessary delays. The transparency and detailed explanations made the sales process very clear to us and we were not subjected to any confusion. The real estate team was well informed about the legal aspects involved in the sale of the property and was able to answer all our questions. Their expertise and ability to explain all the details to us in our language was a great asset to the whole process. Overall, we are very happy with our purchase of an apartment with this real estate company. The sale went off without a hitch and the team was always available to provide information. We recommend this real estate company for their quality service, professionalism and transparency when selling property abroad.

Roman Vimr — a month ago

Great cooperation, everything went smoothly and without problems. There was no need to go anywhere and spend hours at the offices, everything was done electronically. I can highly recommend this company, congratulations and thank you for your cooperation.

Michal Richter — 4 months ago

I would like to thank you very much for your helpfulness, friendliness, excellent communication and I can only recommend Relax Properties s.r.o, especially Mr. Dvorak, with whom I communicated especially when buying an apartment in Bulgaria. Everything we agreed on was fulfilled, he was always very helpful, the response to questions was almost immediate. If you are hesitant about buying an apartment, I definitely highly recommend this company.

Andrea Sebestova — 8 months ago

In September 22 I decided to buy an apartment in Bulgaria by the sea. Even after buying the apartment, Mr. Dvorak was willing to help me with other "details".

Michal Michal — a year ago

I definitely recommend the real estate agency. Very professional work and friendliness of Mr. Ales Dvorak is a guarantee of satisfaction in the implementation of the purchase of real estate. All steps and information are given clearly and understandably. In short, "GREAT".

Monika Jarošová — a year ago

Maximum satisfaction, advice even after buying a property abroad

Marek Lautier — 3 months ago

I very much appreciate the work of Mr. Ales Dvorak, who has been with us from the first idea of buying an apartment in Bulgaria. He listened carefully to our requirements, what we wanted from the property and chose the offers suitable for us. He answered all the questions we had, a personal and helpful approach of a man who does his job well and likes to do it. Thank you and we are respectfully Mirka Barvínková and Jan Bednář

Mirka Barvínková — 2 years ago

Is it worth investing in real estate in Greece ?

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