It’s All Greek

Athens is one of the most exciting cities in Europe right now. Following a long period of austerity, the city is pulsating with tourists and a creative vibe. Athens is no longer just a stopover on the way to a Greek island, but a destination for people from all over the world who want to experience the new hustle and bustle amidst historical treasures.

As the country’s capital and the economic, political and cultural centre of the Attica region, along with its geographical location and the successful Golden Visa program, Athens attracts numerous international investors. With current strong economic growth and a change of government in the summer of 2019, the city also becomes highly attractive for Central and Western European investors.

The new conservative government led by Prime Minister Kyriakos Mitsotakis is actively creating favourable conditions for an investor-friendly environment with tax and bureaucracy relief and the city is being regenerated under the leadership of the new mayor of Athens, Kostas Bakogiannis.

The Coup opens the market to exclusive real estate projects in Athens; Due for completion in the next few years, The Hellinikon Project is the largest investment project in Europe with an investment volume of 8 billion euros. The project includes cultural and entertainment centres, hotels and casinos, residential areas, offices, shopping centres and parks.

The cost of residential real estate in Greece has significantly decreased recent years. Following the financial crisis, the acquisition costs for condominiums in downtown Athens are lower than many other European cities. As property prices are set to increase, now could be a good time to invest.

Leading real estate portal Spitogatos, observes that rents are rapidly rising and real estate developments are selling well. Providers such as Blueground are opening their investor services in Athens, where fully-serviced condominiums are rented to sought-after professionals who are staying a short-term in the city.

The Coup works closely with Greece's leading project developers to offer European investors an extensive portfolio of premium condominiums. Popular investment areas include downtown and coastal areas on the Athens Riviera.

Kolonaki is the exclusive neighbourhood near the city centre's junction, Syntagma, and boasts upmarket restaurants and boutiques. The trendy district of Gazi appeals to young expats with its multitude of bars, clubs and large concert hall. Metaxourgio and Plaka are located in the historic centre of Athens around the Acropolis. Neos Kosmos and Kallithea are popular residential areas between the centre and the sea, and Voula is Athens' most sought-after neighbourhood on the beach..

Estia, a leading property developer based in Athens, specialising in high-quality properties, renowned for outstanding architecture and strong international foothold.

Estia's developments include high-end features and amenities such as Jacuzzis, private terraces and communal areas with rooftop gardens with a pool and customers benefit from a strong team of legal and financial advisors. Upon customer request, furnishing and 100% of rental management can also be provided.

For more information visit:  https://athens.thecoup.de/