Greek real estate profitability: how much did investors yield in 2021?
January 4, 2022
Nowadays Greek resorts are considered to be very popular. They attract tourists due to the pleasant climate, a great number of interesting sights, exotic food and more.
Nowadays Greek resorts are considered to be very popular. They attract tourists due to the pleasant climate, a great number of interesting sights, exotic food and more. Such popularity of the region interests those who invest in commercial properties.
How much income can one expect from Greek real estate?
One of the easiest ways to get income from real estate investments is by renting it out. In 2021, through such rentals, it was possible to obtain:
- up to 4% profit from renting out small apartments;
- over 9% of hotel rentals.
Do not forget that the cost per square meter in Greece is growing steadily. This means that one can earn up to 40% on resale.
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