Investment opportunities in Cyprus, Greece and Serbia

Contrary to the general trend across the continent, the real estate markets in Greece, Cyprus, and Serbia continue to show promising growth and recovery, offering attractive investment opportunities.

With 56 years of presence in Cyprus, Greece, and the Balkans, Danos International Property Consultants and Valuers present a selection of promising investment opportunities.

Cyprus has experienced a resurgence in its real estate sector following the termination of its citizenship-by-investment program. This revival is primarily driven by foreign investments, particularly in luxury properties and tourism-related projects. Most of these investments are concentrated in Limassol, with significant activity also noted in Nicosia, Larnaca, and Paphos. This has led to a notable increase in residential units and office spaces. Additionally, a substantial number of technology companies have relocated or established offices on the island, viewing Cyprus as a stable haven amid political instability in Israel and geopolitical uncertainties in Lebanon, Ukraine, and Russia.

Greece is similarly witnessing a construction boom, characterized by the emergence of new high-rise buildings in Athens, Thessaloniki, and other major cities, driven by a robust demand for commercial properties and office spaces. This construction surge is a testament to the nation’s economic recovery, positioning Greece as one of Europe’s fastest-growing economies. Credit rating agencies have been upgrading their assessments of Greece’s debt, attracting significant foreign investments. Major global companies, including Microsoft and Pfizer, are investing heavily in the country, reflecting strong investor confidence.

Serbia's real estate market is also thriving, propelled by the demand for modern, high-quality office spaces. The increasing influx of foreign companies into the Serbian market has created a growing need for office spaces that meet international standards. Additionally, the Serbian government’s proactive efforts to attract foreign investment have further stimulated growth in the commercial real estate sector.

These developments highlight the unique resilience and potential of the real estate markets in Greece, Cyprus, and Serbia, making them attractive destinations for investors seeking opportunities in a recovering and dynamic environment.

Proposed properties:

Athens:

ALIMOS, ATHENS - COMMERCIAL BUILDING UNDER CONSTRUCTION FOR SALE OR LEASE (WILL BE CERTIFIED AS LEED OR BREEAM)

LOCATION

The asset is located in the area of Alimos, in the southern suburbs of Athens and near Ellinikon Project. The building has direct access to Vouliagmeni Avenue and a metro station in walking distance.

DESCRIPTION

Within a land plot of 20.800 sqm, an under construction commercial building of 13.000 sqm, with a basement and two overground floors (building construction in accordance with international standards, covering all the criteria for a BREEAM or LEED certification).

ASKING SALE PRICE:

€ 30,000,000

ASKING MONTHLY RENT PRICE:

190,000 €/MONTH

Thessaloniki:

HALKIDIKI – BOUTIQUE SUITES COMPLEX FOR SALE

LOCATION

The property is located in Halkidiki, 48 km from Thessaloniki, only 100 m from the closest beach (2’ walk/ 1΄ drive).

This property features a land plot area of 2,400 square meters with frontage on a paved road. It encompasses a total building area of 353 square meters, divided into two distinct structures.

The first building is an autonomous house. The second building houses seven suites, distributed across the ground and upper floors, each featuring its own terrace or garden. These suites can accommodate between 2 to 6 people and include 1 or 2 bedrooms, reconstructed in 2019.

The property includes auxiliary underground spaces and provides eight parking spaces, ensuring one space for each suite.

The grounds feature two swimming pools and a covered barbecue area.

ASKING SALE PRICE: € 870,000

Belgrade:

HOTEL FOR SALE

LOCATION

The hotel is located in Novi Beograd, the business part of Belgrade City area. Surrounded with business as well as commercial and touristic facilities.

DESCRIPTION

Unique opportunity to acquire and reposition an existing hotel with excellent reputation in the local market. Hotel in the capital of Serbia that attracts 1/3 of the incoming tourists. Prominent asset in a vibrant location in Novi Beograd, Belgrade, offers 187 rooms.

It is located just a 15-minute drive from the capital’s airport and 5 minutes from the city centre.

ASKING SALE PRICE

€ 24,000,000

Limassol:

Business Center, Agios Nicolaos, Limassol

A seven-floor commercial building in the area of Saint Nicolas right in the centre of a fast growing, vibrant and cosmopolitan city of Limassol.

Modern, elegant building with ergonomic offices tailored to the needs of modern businesses, close to all governmental and municipal departments.

Asking price €8,500,000.

Limassol:

ONE BEDROOM APARTMENT IN NEAPOLIS AREA – LIMASSOL

DESCRIPTION

It consists of 59 sqm covered area. Suitable for obtaining a residence permit, perfect for investment!

This one-bedroom apartment is located just 150 meters away from a sandy beach in a modern complex in a prestigious part of the Neapolis area.

A very convenient location allows you to enjoy a quiet and secluded living, just a couple of minutes away from the sea, main roads. The city center and all the necessary infrastructure is within walking distance.

The complex provides the following facilities: underground parking, a large outdoor pool and a small one for children, a recreation area with sun beds and a jacuzzi, an outdoor shower and a sauna, a spacious lawn and guest parking.

ASKING SALE PRICE

€365,000 + VAT

For more real estate investment opportunities in Cyprus, Greece and Serbia check out our eMag at danos-group-e-magazine-2024-issue-01 (flippingbook.com)