Studio in Athens, Greece, 100 m²

Ready-made residence permit projects under the new rules - €250k. ️
Location: Athens city center only.
Short-term rentals are not allowed for investors with residence permits. The center of Athens, a good opportunity for a stable long-term lease.
Yield: 4-4.3%.
Anyone who follows the rental market for the profitability of a residence permit knows that the main offer is 3%. We are able to squeeze rent by 30-45% more for investors' residence permits. It seems that 3% and 4% do not seem to be a big difference, but on average, an investor holds a residence permit for 10 years (after 7 years, you can apply for a passport + language exam + process + delays, just 10 years are coming out). In 10 years, the difference in rent will be €30,000-40,000.
Ready: commissioned.
Residence permit facilities are often dismantled at the renovation stage and it is very difficult for us to make demo facilities and assemble a certain catalog of ready-made objects. We've held onto a few projects and hopefully in ~a month we'll be able to present them to the general public.
Above are examples of the same implemented projects for April ("twins" and "1+1").
Risks: we minimize them through step-by-step payments and penalties.
In Greece, there is no law or escrow account protecting the investor, and there is no guarantee that the developer will be able to complete the project. As an example, if a developer builds a house with, say, 30 apartments and was able to sell only 5-10, he may stupidly not have enough funds to finish and deliver the project.
Our approach to residence permit facilities (from €250k):
1. Prepayment when the premises are owned by us, the secondary market and the house itself, of course, have been in operation for a long time.
Step-by-step payment is the main piece when the project is ready and penalties if delayed. Or you buy ready-made and working (leased) objects.
2. "Twin" facilities - premises of 60-80 m2, divided into 2 independent rental apartments - allows maximizing rental income.
3. "1+1" objects are two separate real estate objects. 1 is sold for €250k under the requirements of a residence permit. The second one (an ordinary apartment, not under a residence permit) with a 50% discount. An investor can sell an apartment unrelated to a residence permit in a year at market value.
4. Legal support for filing and obtaining a residence permit, registration of a tax number, accounting support, real estate management, technical services. And of course, everything is focused on remote investment and ownership.
If it is relevant, please contact us regarding residence permit issues.
Have a good investment, everyone

Dmitry+7 916 666-19-30

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28 days left

Announcement: No.7533894059, posted on June 28, 10:19 a.m.

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