The Attica residential real estate market has become one of the most profitable in terms of investment in recent years

The return over the past five years was 126%. The value of investments made in 2017 has now more than doubled. In 2017, conditions in the economy and real estate market were completely different. The mortgage market did not work, which means that those who placed their mortgages at that time had accumulated liquidity from previous years and could finance the purchase of real estate 100% from their own funds. Moreover, 5 years ago the demand for short-term rentals in the center of Athens had not yet begun, and older apartments in the city center suffered the most during the financial crisis. To date, prices have doubled, thanks to demand from foreign investors seeking a “golden visa” and entrepreneurs operating in the short-term rental market.

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