Greek real estate: Hot spots with high yields for investors.
A study conducted by international experts in real estate, residence and citizenship through Astons investments has revealed which areas of the Greek real estate market currently offer the best investment opportunities.
Astons analyzed current property values and rents in the Greek market to identify the areas with the highest returns for international real estate investors, whether they are interested in investing in the country's migration program or simply looking for a holiday home after the pandemic.
The northwestern peninsula of Halkidiki
The northwestern peninsula of Halkidiki currently tops the investment table for Greek''real estate. One of the most developed areas of Greece, it offers a combination of modern amenities, historic architecture, Greek culture and stunning natural beauty. The average property value in the region currently stands at € 142,128 and the average rent is € 2,520 per month, meaning that investments can yield returns of up to 21.3%.
The northern border town of FlorinaThe northern border town of Florina has the second highest yield at 11.7%, while Cardica in the heart of the country also offers an average yield of up to 10%.
The northern border town of Florina has the second highest yield at 11.7%, while Cardica in the heart of the country also offers an average yield of up to 10%.
In contrast, the current average rental yield in Boeotia is just 3.8%, the lowest of any area in Greece.
Arthur Sarkisyan, CEO of Astons, commented, "The Greek real estate market is extremely diverse, not only in terms of the lifestyle on offer, but also in terms of the real estate market and investment opportunities. For those looking to invest on a long-term basis through migration investments, for example, the choice of location will largely depend on personal factors. However, those looking to invest commercially should consider the availability of income, so a developed region with a high flow of tourists will
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