Buying an Old Home in Athens? Here’s What You Need to Know (and Why mamaXO is Your Best Bet) Athens, with its rich history and vibrant culture, is a dream destination for many. Its charming old homes, nestled in picturesque neighborhoods, offer a unique appeal and often come with a more attractive price tag than…

About 2 years ago, I remember the surprise of realtors who asked why we were buying LGF properties and what we would do with them.

We received an interesting question about whether it’s possible to live in a property that is meant for investment.

If you buy a van for transporting goods and ask if you can use it for leisure trips, of course, you can, but its purpose is entirely different.

It’s somewhat similar to residential real estate. Any compromise in investment property reduces profitability.

Stages of the purchase: Find a property that you like. You can buy through agents or directly from the owner/developer. In Greece, agents charge both the seller and the buyer. The rate is more or less the same for everyone: 2% from the buyer and 2% from the seller. Once you have chosen a property,…

Spitogatos, one of the Greek real estate portals, has released a good report where they examine the average property prices near parks and “green” areas.

Every investor should protect and ideally diversify their investments.

Floods, fires, vandalism, and earthquakes are common risks in the rental business, and insurance companies cover these risks. In Greece, insurance rates for real estate are relatively low.