Partment is excited to announce its expansion to Greece through a partnership with Greca Homes. Partment's launch in Greece after a successful 1st operational year marks a significant milestone in offering innovative proptech solutions and making second homes ownership hassle-free, to both the Egyptian and global markets.
Greece, a land revered for its ancient history, sun-drenched landscapes, and captivating allure, is now part of our portfolio of dream destinations. And why should this matter to you? Because investing in a property in Greece through Partment is not just about owning a slice of this Mediterranean paradise – it’s a wise investment strategy offering remarkable benefits.
Why Greece?
Greece is a popular tourist destination known for its stunning beaches, ancient ruins, and delicious cuisine, and has lately received a lot of attention for real estate investments.
Greece is not just a geographical marvel; it's a goldmine for property investment. The real estate market in Greece has been showing promising signs of growth, with property appreciation rates steadily climbing. Co-owning a property here ensures you become part of this growth story, securing a piece of a market on the rise. According to the Bank of Greece, house prices in Greece have been rising steadily, with an 11.32% increase in urban areas in the year to Q3 2022. Athens, in particular, has seen a 13.02% increase in house prices over the same period. Demand from foreign buyers has also been strong, with the total value of real estate purchases by foreign buyers increasing 60.2% year-on-year in the first three quarters of 2022.
Additionally, the potential for rental yield in euros is an absolute game-changer. Greece's tourism industry is thriving, and the demand for rental properties, especially in picturesque locales, is consistently high. Your investment could be effortlessly rewarding, earning you euros while you bask in the satisfaction of owning a slice of paradise.
Your Hassle-Free Slice of Greek Paradise
At Partment, we understand that investing in property, especially in a foreign land, might seem daunting. Our expertise in co-ownership ensures a hassle-free experience. From legalities to property management, we handle it all, allowing you to focus on relishing the perks of your investment.
By collaborating with Greca Homes - the one stop shop real estate company in Greece, the concept of co-ownership for second homes has never been more enticing. Both entities join hands in offering diverse opportunities for individuals looking to invest in real estate. With co-ownership, investors can enjoy the benefits of a second home while sharing the costs and responsibilities with fellow owners.
Whether you seek a tranquil beachside retreat or a bustling city apartment, Partment ensures that there is something to suit every taste and lifestyle. Don't miss out on this chance to be part of Partment's success story as they continue to revolutionize the real estate industry with their unique approach to co-ownership.
