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Invest

Invest in Greek property with one team, from sourcing to income.

Most people who invest in Greek residential property lose the return in the gap between buying well and operating well. A good purchase price is undone by a bad renovation. A beautiful renovation sits empty because nobody furnished it or priced the rent correctly. We close that gap by doing all of it.


How it works

Seven steps, in writing

  1. Investment briefBudget, return objective, risk appetite, areas and hold period — agreed and documented before we look at anything.
  2. SourcingOn-market and off-market opportunities screened against that brief, not against any inventory.
  3. UnderwritingPurchase price, acquisition costs, capex, furniture, expected rent, yield, exit value and a downside case.
  4. AcquisitionNegotiation, and coordination of your independent lawyer, notary and engineer.
  5. TransformationRenovation and furnishing to a defined budget and timeline.
  6. IncomeRental strategy, a lease option where the property qualifies, or resale.
  7. OwnershipReporting, coordination, and a recommendation on what to do next.
What it costs

Fees agreed before we start

ServiceFee
Strategy consultationfrom €1,000
Investment brief & sourcingfrom €2,500
Buy-side success fee1–2% of purchase price
Owner representationfrom €1,000 / month
The two-exit rule

We only recommend a property where both exits work — sale and furnished rental. If it only makes sense on one, the downside case is too thin and we say so.


Underwriting

What an underwritten opportunity looks like

Total basis — what you actually put in €225,000
Exit A — resale, supported by comparables €270,000 – €290,000
The gap is the entire business case
€0€150,000€300,000
Purchase €160,000 Renovation €40,000 Acquisition costs €14,000 Furnishing €11,000
Where the money goes on a typical central Athens value-add deal, and what it has to be worth on the way out. The two costs most listings ignore — acquisition and furnishing — are 11% of the basis between them.
LineIllustrativeWhy it matters
Purchase price€160,000The number everyone focuses on, and the least interesting one
Acquisition costs€14,000Transfer tax, legal, notary, registry, agency — 10–12% round trip*
Renovation + contingency€40,000Fixed scope with 15% contingency built in, not discovered later
Furnishing€11,000Required for the rental exit; maximize rental yield
Total basis€225,000The only number that determines your actual return
Exit A — resale€270,000–290,000Supported by comparables, not optimism
Exit B — furnished rent€1,300–1,500 / monthRoughly 7% gross on basis

Illustrative figures for a central Athens apartment, shown to explain the method. Every real opportunity is underwritten with current comparables for its own micro-area. *Transaction-cost percentages are estimates for guidance only and not tax advice — confirm the exact figures with your notary and tax advisor.


Where the yield is

Gross yield by neighbourhood

0%2.5%5.5%
Indicative gross yield on asking price — annual rent divided by purchase price — from 2026 market data.

Why we publish this

The market-leading price index in Greece reports at district level and carries no yield data at all. The number an investor actually needs — what a property returns once you have paid to renovate and furnish it — is not published anywhere.

We publish it because we are the ones paying those costs on real projects. A yield quoted on purchase price alone is a number designed to flatter.


Build your investment brief

Tell us your budget and objectives. We come back with a brief and opportunities that fit it.

Start the brief