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Responsibility

Property management in Greece, including full liability for all property facilities

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Service

Customer service and telephone answering 7 days a week, also in Hebrew

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Location

We locate and market only quality properties in safe and desirable locations

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Quality

All of our apartments in buildings are maintained, renovated and designed in a modern look

Why invest in Athens

WHY INVEST IN ATHENS?

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Thirty-one billion euros are invested in infrastructure development in the European capital, the metro is expanding and the center is becoming more popular. The peak in tourism and tourists remain longer in the city and the demand for short-term and long-term rental - these promises continue to increase real estate prices

A PROMISING FUTURE
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Tens of thousands of students, museums, world tourism centers, academic institutions, embassies, research and medical workers and businesses full of people, authentic music, rich and healthy food along with excellent Mediterranean weather - Athens has it all and the city enjoys lively demand for rental and accommodation all year round

A GLORIOUS PAST
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The glorious history of Athens goes back 3,000 years in time. A colorful trade and tourism city with democracy, the Olympics, the sciences, philosophy and mythology in its streets. Athens is the eternal capital of Greece, an international landmark that attracts many tourists from the world and Greece

A GLORIOUS PAST

STABILITY CENTERS IN ATHENS

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293,800

Medical personnel working in dozens of institutions
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228800

Students, students and teaching staff from all over the world
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9,000,000,000

Euro Budget investments in infrastructure until 2022
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32,000,000

The number of tourist arrivals to Greece is expected in 2018

WHAT WE BRING WITH US

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Locating assets and accompanying investors

Our focus is on your security

What to invest - studio or three-room apartment, is it necessary to renovate, which neighborhood should invest and what rent I will receive?

The fact that we are permanently located in the city and focus on Athens gives you a great deal of security, and this is reflected in our deep knowledge of the real estate market. Local, familiarity of the neighborhoods and characteristics of each neighborhood. We know which apartments are in high demand and which demand is low. We work with leading players in Athens and receive long-term transaction information before they are published publicly. We know the local housing culture, the alternatives and the price levels. We also know the location of high-quality tenants who will keep the apartment and pay on time.


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Economic feasibility testing

Testing and planning are the milestones for success

You want to be confident in the success of the investment - what confidence do I have that the investment will succeed?

Each apartment offered by us undergoes a series of tests, such as: characterization of the target audience, flow forecast, profit potential, environmental security and more. Any asset we offer you, we want to manage it over time, with as much stability and minimum resources, is a common interest. Therefore, before we offer a property and make an investment, we always check it well, plan and place the investment in all the objective tests, including the general programming test. Our transactions are backed by detailed planning, in-depth understanding of the local market, and reference to issues such as taxation, operating expenses, forecasts and sensitivity tests. Our experience demonstrates that we are accurate in results and thereby reduce risks and make any investment safer for investors.


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Renovation and asset management

Local Hebrew management that provides a safety net

How do you manage property in Greece and how much does it cost, how do you deal with breakdowns and how do you get the rent?

The new Greece is the only company in Israel with a controlling interest in a local management company for the management and renovation of properties. The management company manages dozens of properties for long and short term rentals. The company has offices located in the heart of the city of Athens. Professional and skilled staff is available to investors and tenants and performs all the tasks and stages related to property management including architectural planning, renovation, preparation of the property for rent, property accessories and ongoing maintenance. In addition, the management company manages the rental process, including locating tenants, arranging rental contracts, depositing collateral, transferring payments and evacuating tenants if necessary. The management company operates professionally and reliably according to the highest standards. The company reports to you about its activity in connection with your property on a regular basis through annual reports.

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(NIS Monthly rent: € 800 (3,500)

colomius street - kolonaki neighborhood

PURCHASE PRICE € 58,000

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(Monthly rent: € 500 (₪ 2,200

monsterski neighborhood - historic center

PURCHASE PRICE: € 44,000

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(Monthly rent: € 300 (₪ 1,250

milinka street - the zograpo neighborhood

PURCHASE PRICE € 58,000

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(Monthly rent: € 300 (₪ 1,250

stadio street - center of athens

PURCHASE PRICE 38,000 EURO

WHAT WE BRING WITH US

THE NEW GREECE

The new Greece

PROVIDE YOU WITH RESPONSIBILITY AND CONFIDENCE

We understand very well from buying property can be a headache, on how much property abroad.
Therefore, it is necessary to work exclusively with a company that has the knowledge, experience and the team has the skills to manage you investment and will always be a finger on the pulse.
While assets abroad They are accessible to everyone, but to make sure your investment meets your expectations and will bear fruit, it is always a good idea to choose a company that you know will stand behind you. You will be able to answer at any moment and provide a suite of solutions that will ensure your investment.

We are very active in developing relations with the business community in Athens. We work with leading professionals in their fields, we know the business environment, know the legal environment, the planning and construction laws and the taxation field. Problems and tools to deal professionally with any situation. Our system provides you with full service management and accompaniment and is available 24/7 in Hebrew.

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Professional staff in Athens
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Specialization that reduces risks

TARGETING THAT IMPROVES PROFITABILITY AND REDUCES RISKS

Real estate is always a local matter, and it is dangerous to compare real estate in one city with real estate in another, let alone compare different countries, and each city has different preferences.

A particular investment in a room apartment is more than smart and there are high upscale locations and a balcony is a must. A poor understanding of demand can result in your property being left unattended or paying a high amount of property without adequate return on investment because you did not know the local market and the target audience. Everywhere there are cultural differences that an investor from outside will not always understand what is behind them. Our focus in Athens allows us to understand the market in depth and in a better way, and to know when it was a real opportunity and when it will not, when property will be sought and rented all year without effort, and when it will attract only problematic tenants. Our focus allows us to become familiar with the demands of the market, the local housing culture, the local professionals and build a system of trust.

We know Athens and the real estate market of Athens so you can be sure that the deals we make are responsible, tailored to the realities and requirements of the local market, and the investments are smart and meet expectations.

HIGH-QUALITY INVESTMENTS WITH HIGH DEMAND

Our experience shows that investment in assets by price only is a risky asset that is ordered by less-than-good tenants that ultimately raise operating costs and accordingly harm profitability. Quality assets, on the other hand, are the first to enjoy high value and high demand. Therefore, our investments focus on quality properties only, in a high socio-economic environment and in attractive locations that suit a number of target audiences and enjoy high demand throughout the year.

We manage the assets in Athens for the investors ourselves and do not transfer them to foreign hands. Our asset management enables better supervision and control, more frequent asset checking, security against lessees, reduced risk, lower maintenance costs, real-time updates and a finger on the pulse. Each apartment managed by us receives the proper attention and is maintained at a high level. We are in contact with the tenants and provide an answer in the field to any issue related to renting the apartment.

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Investment in quality assets
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Stability in revenues and high profitability

UPGRADED PROPERTIES THAT BRING EXCELLENT TENANTS

Whether it is investment in short-term rental apartments or long-term rentals, real estate investments in general and real estate investments abroad in particular, this successful investment provides stability in revenues along with low maintenance costs and minimal direct activity with the property during the rental period. Managers are always up-to-date, upgraded and modern properties, and will be the first to be rented out compared to other properties in the market and will be valued by tenants who want to rent it for a longer period of time. In problematic locations, our activity is there Access to upgrade properties to the value of your property in the eyes of the tenants and the eyes of the buyers would (come and buy from you, when the time comes and you want to sell the property) will be higher.

We invest heavily in properties that we manage and provide housing that addresses a high quality target audience (tenants) with high payment ethics. This is the way to ensure our investors stability in revenue, security and higher profitability over time.

EFFECTS ON THE BUSINESS ENVIRONMENT

EFFECTS ON THE BUSINESS ENVIRONMENT

Israeli investor

I bought a property in Athens about six months ago. The new Greece hired a couple of students after about a month from the day I received a key,
the registration in the Land Registry, the tax payments and the renovations they ran without it interfering with my routine in Israel. I receive the rent every month by transfer to a local bank account.

Corporate Client

David Cohen

Plant Manager - ORL Industries, Haifa Bay

Leases an apartment

The management company is available when I need them.
The apartment is designed and cozy and the furniture is new including internet and a study table. Until now there were no faults in the apartment except for a key that I lost, but I contacted them and they brought me an alternative key in a taxi and did not even charge it.

Corporate Client

Mariusa Cousins

Third year student of electrical engineering University of Athens

Translated from Greek

Real estate broker

The new Greece is very much focused on the properties they ask us, they demand assets in very desirable locations. My experience with them is always positive, they are very professional, know the prices and are the first to hear from me about any new deal that enters the market.

Corporate Client

Gabriel Vasilys

Real Estate Broker Golden-Home, a real estate brokerage and marketing company in Athens

Translated from Greek

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