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Top Benefits of Buying New Properties in Greece: Why Choose Avezor for Your Investment

Aftab ahmad By Aftab ahmad October 1, 2024 9 Min Read
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Top Benefits of Buying New Properties in Greece: Why Choose Avezor for Your Investment

Greece, with its rich cultural heritage, Mediterranean climate, and rapidly growing real estate market, has become an attractive destination for property buyers and investors worldwide. In recent years, the Greek government has introduced several reforms to boost the country’s real estate sector, making it easier for both locals and foreigners to invest.

Contents
The Growing Real Estate Market in GreeceWhy New Properties?Attractive Conditions for InvestorsFlexible Installment PlansLow Down PaymentHigh Potential for ProfitabilityA Comfortable Lifestyle in GreeceIdeal for Families and RetireesAdvantages of Relocating to GreeceFavorable Business EnvironmentAttractive Tax ConditionsAssistance in Navigating Legal and Financial AspectsConclusion

One company at the forefront of the Greek real estate market is Avezor Greece, a real estate agency specializing in new building projects. Avezor provides an extensive catalog of newly constructed residential complexes and office spaces across various regions, including popular areas like Athens and Paros.

This article will explore the top benefits of buying new properties in Greece and why Avezor should be your go-to partner for real estate investment.

The Growing Real Estate Market in Greece

Over the last decade, Greece has experienced a resurgence in its real estate market. Following the financial crisis of the 2010s, the market has bounced back, with property prices on the rise and more international investors showing interest in the country’s real estate sector. This recovery is fueled by several factors:

  • Strong demand for housing and vacation homes: Greece’s popularity as a tourist destination makes it an ideal place for people seeking vacation homes. Additionally, an increasing number of retirees and digital nomads are moving to Greece due to its favorable living conditions.
  • Golden Visa Program: Greece’s Golden Visa Program has attracted many non-EU investors by offering residency permits for property buyers. This program has boosted the demand for high-end properties, particularly in regions like Athens and the Greek islands.
  • Infrastructure development: The Greek government has invested in improving infrastructure, including transportation, roads, and utilities, making the country even more appealing for real estate investment.

Given this growing market, buying a new property in Greece offers excellent potential for high returns on investment, especially in areas where property values are expected to rise. Whether you’re considering properties for personal use or for rental purposes, now is a great time to invest in Greece.

Why New Properties?

When considering investment in real estate, opting for new properties offers several advantages over older, pre-owned homes. New developments often come with modern designs, energy-efficient systems, and improved building standards. Here are some specific benefits of investing in new properties in Greece:

  • Higher quality: New buildings are constructed using the latest materials and technology, ensuring better durability, insulation, and safety standards.
  • Low maintenance costs: Older properties often require extensive repairs and upgrades, while newly built homes and offices come with warranties and lower maintenance costs.
  • Customization options: Many developers offer buyers the chance to customize interiors, finishes, and layouts to suit their personal preferences.

With Avezor Greece, buyers can explore a wide range of new building projects in desirable locations, ensuring a high-quality investment that meets modern standards.

Attractive Conditions for Investors

One of the key advantages of buying real estate in Greece through Avezor is the favorable conditions they offer to investors. These conditions make it easier to purchase property, regardless of your financial situation or investment goals.

Flexible Installment Plans

Avezor offers buyers the opportunity to purchase properties during the construction phase, which comes with several perks. One of the standout features is their installment plans, allowing buyers to pay for their property over time, with an installment period of up to 4 years.

Low Down Payment

Another major benefit is the low down payment required to secure a property. In many cases, buyers can reserve a new home or office space with a down payment that is significantly lower than what is typically required in other European countries.

These flexible financial conditions open up the possibility of purchasing not only for immediate use but also as a long-term investment. Investors can take advantage of rising property values while paying in installments, ensuring better returns on their investment in the future.

High Potential for Profitability

Greece’s booming tourism industry and recovering economy mean that investing in real estate is a profitable venture. Here are the key reasons why buying property in Greece, especially through Avezor, offers high profitability:

  • Tourism-driven rental income: Greece is a top tourist destination, and many property owners, especially those who buy in tourist hotspots like Athens or the Greek islands, can generate significant income from short-term rentals.
  • Rising property prices: As Greece’s economy continues to recover, property prices are steadily increasing. This makes real estate a high-value asset with the potential for substantial capital gains over time.
  • Golden Visa: As mentioned earlier, Greece’s Golden Visa program allows foreign buyers to secure residency through property investment. This attracts a higher number of international buyers, which boosts demand and drives property prices up.

With an agency like Avezor guiding you through the process, you can take advantage of these market conditions and buy a villa in Greece, a move that can secure excellent financial returns in the years to come.

A Comfortable Lifestyle in Greece

Beyond the financial benefits, buying property in Greece offers an opportunity to enjoy an exceptional quality of life. Greece is known for its beautiful landscapes, vibrant culture, and relaxed lifestyle, making it an appealing place to call home.

Ideal for Families and Retirees

Greece provides a peaceful and safe environment for families, retirees, and individuals looking to enjoy a slower pace of life. With a favorable climate, access to beautiful beaches, and a rich historical and cultural heritage, Greece offers a perfect setting for those seeking a comfortable and relaxed lifestyle.

  • Mild Mediterranean climate: With warm summers and mild winters, Greece offers one of the most pleasant climates in Europe. This is particularly appealing for retirees or those looking to escape harsher climates in other parts of the world.
  • Cultural richness: Greece is home to countless historical landmarks, ancient ruins, and museums, offering an endless array of cultural experiences.

Avezor makes it easier to navigate the real estate market in Greece, ensuring that buyers can find the ideal property that aligns with their lifestyle goals.

Advantages of Relocating to Greece

Moving to Greece comes with several benefits beyond just the climate and cultural richness. Here are some additional reasons why relocating to Greece might be the right move for you:

Favorable Business Environment

Greece has made significant strides in improving its business environment. In recent years, the government has introduced several reforms to make it easier for entrepreneurs and investors to establish and grow businesses in the country.

Attractive Tax Conditions

For both individuals and businesses, Greece offers attractive tax incentives that make investing and living in the country financially appealing. Some of these benefits include:

  • Lower income tax rates for non-residents.
  • Tax exemptions for certain types of investments and businesses.

These tax incentives provide an excellent opportunity for investors looking to minimize their tax burdens while growing their portfolios.

Assistance in Navigating Legal and Financial Aspects

One of the standout services provided by Avezor is their comprehensive assistance with the legal and financial aspects of buying property in Greece. Avezor’s team of professionals helps buyers navigate the complexities of purchasing real estate, from handling paperwork to offering guidance on Greek property laws.

Conclusion

If you’re ready to explore Greece’s vibrant real estate market and take advantage of the many benefits it offers, consider partnering with Avezor for your next property purchase. Whether you are buying an apartment in Athens or seeking the perfect holiday home in Paros, Avezor is here to make your real estate dreams a reality.

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