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…
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You’ve invested in a beautiful property in Athens, but now comes the real challenge: finding the right tenants who will love it as much as you do. It’s a common concern for property owners, especially in a seasonal market like Athens. But don’t worry, mamaXO has your back. We’ve managed over 200 properties across Athens,…
Read MoreWith its historical allure, thriving cultural scene, and a real estate market that’s been heating up with over 15% growth in property prices in the past year, Athens is a city that’s calling your name. But when it comes to investing in property, the question remains: Is a short-term or long-term rental strategy the golden…
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Discover the pulse of Athens’ rental market (up to €600/month). From a solid 8% growth on rents in 2023 to the impact of property conditions on leasing speed. Learn how to mitigate risks, from thorough tenant screening to engaging with rental agencies for a glimpse into tenants’ financial reliability. Stay ahead with our expert insights…
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In a year marked by challenges globally, Greece emerged as a standout performer,earning the prestigious title of “Country of the Year” according to ‘The Economist.’The year 2023 witnessed a plethora of analytical reports from various sources, andmany pointed to Greece’s active ascent in economic indicators. In a sea ofdifficulties, Greece stood out as a beacon…
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As of January 1, 2024, significant changes have come into effect in Greeceregarding the operation of Airbnb, and these changes are expected to have anoticeable impact on the market. Let’s delve into the alterations that have takenplace and explore the expectations associated with them. Expectations: Conclusion: Considering these changes and expectations, the Airbnb market in…
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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.
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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.
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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,…
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Disclaimer: mamaXO does not provide investment advice, endorsement or recommendations with respect to any properties listed on this site. Nothing on this website should be construed as an offer to sell, solicitation of an offer to buy or a recommendation in respect of a security.
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