The Greek real estate market offers unique opportunities for international investors, combining a favorable legal and tax framework with continuous demand growth and affordable prices. With the Greek economy showing dynamic growth in sectors such as real estate, tourism, technology, and renewable energy, the country emerges as an ideal destination for strategic investments that promise long-term profits and opportunities.

Sectors of the Greek Economy with Growth Opportunities

Hospitality and Tourism
Greece remains one of the world’s most popular tourist destinations, offering diversification opportunities through the development of luxury accommodations and thematic tourism, such as gastronomic, cultural, and ecotourism. Tourism accounts for approximately 25% of GDP, with annual revenue exceeding 18 billion euros. The country welcomes more than 34 million tourists annually, with demand for tourist properties continuously increasing. Returns on investments in the tourism sector, particularly in thematic hotels, range from 5-11%, making Greece an ideal destination for tourism investments.

Real Estate and Investment Opportunities
The Greek real estate market has seen significant growth since the financial crisis, with property prices remaining lower than in other European countries. Athens and the Greek islands offer prices up to 50% lower than in countries such as Italy, Spain, and France. Rising rental prices due to tourism lead to high returns for investors, while the country’s legal framework offers equal rights for foreign buyers, allowing them to freely purchase and transfer properties. The state also provides tax incentives for investments, while programs such as the Golden Visa further enhance demand.

Technology and Innovation
Technology in Greece is experiencing significant growth, making the country a hub for innovative technological solutions. The development of Greek startups and investments in the technology sector are supported by European funds and domestic initiatives. The tech scene in Greece, with dynamic development in IT, biotechnology, and emerging technologies, offers great investment opportunities.

Renewable Energy Sources
Greece, with its favorable climate conditions, offers exceptional opportunities in renewable energy, particularly in solar and wind energy. The Greek government and the European Union support green energy projects through financial incentives and funding programs. The country aims for a significant increase in energy production from renewable sources, making it an ideal destination for investments in this sector.

Investments in Mixed-use Tourism Properties
Greek legislation provides significant incentives for investments in mixed-use tourism properties, allowing the combination of hotel facilities with tourist residences that can be sold or rented. The possibility of allocating up to 50% of the built-up area for tourist residences, under certain conditions, makes Greece even more attractive for investment. After five years from the construction of the hotel, investors can convert up to 60% of the total property area into residences for sale, offering excellent commercial opportunities.

The Greek real estate market, hospitality, technology, and renewable energy sectors offer excellent opportunities for growth and investment. With the low cost of real estate compared to other European countries, increasing demand in the tourism sector, and the favorable legal and tax framework, Greece remains one of the most promising destinations for investment. The tourism, technology, and renewable energy sectors are expected to continue their dynamic growth, creating new opportunities for global investors.

D. GOULIELMOS & PARTNERS, with over 20 years of experience in the field, understands the crucial role of legal support for businesses in the Real Estate sector, building the foundations for a successful business journey.

In response to increasing client demand, D. GOULIELMOS & PARTNERS is fully prepared to offer services in areas such as competition and antitrust law, as well as corporate and tax advisory.

The firm closely collaborates with the largest audit firms (Big 4), private accounting firms, engineering companies, real estate companies, real estate agencies, and all the major construction firms in the country.